General Inquiry

December 2023 – Unlocking Opportunities

Navigating the Okanagan Real Estate Market in December

As we approach the festive season, the Okanagan real estate market is revealing interesting dynamics that both buyers and sellers should be aware of. Here’s a breakdown of the key aspects shaping the market this December.

1. Current Real Estate Market Trends:

The tides are turning in favor of homebuyers as we head into the winter months. The Okanagan is witnessing a dip in home prices, making it an opportune time for those looking to make a move. The increased inventory and more competitive pricing create a buyer-friendly environment, potentially paving the way for great deals.

2. Seasonal Influences:

Traditionally, the holiday season sees a slowdown in real estate transactions, and December is no exception. However, this doesn’t mean the market comes to a standstill. In fact, December accounts for approximately 7% of the total annual sales. While the pace might be a bit more relaxed, it opens up unique opportunities for both buyers and sellers.

3. Tips for Selling or Buying in December:

For Sellers:

If your goal is to sell before the holidays, competitive pricing is key. With more homes hitting the market, standing out with an attractive price point can attract potential buyers looking to make a move before the year ends.

For Buyers:

Winter brings a silver lining for those on the lookout for their dream home. With a surplus of properties available, buyers have increased options and greater negotiating power. It’s a buyer’s market, and strategic shoppers may find themselves securing a fantastic deal.


While December might be a quieter month in terms of real estate activity, it doesn’t mean opportunities are scarce. Whether you’re considering selling or buying, understanding the current market trends and leveraging the unique dynamics of the season can make a significant difference. For personalized advice tailored to your specific situation, don’t hesitate to reach out. Wishing you a smooth and successful real estate journey this December!

Gayle Hunter

Personal Real Estate Corporation | 250-575-9184

Amy Zimmer

Personal Real Estate Corporation | 250-300-8878

Suzette Ritchie

Real Estate Professional | 250-878-4350

Nik Zimmer

Real Estate Professional | 250-859-6984

Zena Tucker

Real Estate Professional | 250-863-2770

"We love what we do, and who we do it for"

General Inquiry

Gayle Hunter & Associates are a real estate team in Kelowna BC, that are focused on helping you achieve your real estate goals. We are a diverse and knowledgeable team with a wealth of real estate experience and are constantly aware of the ever evolving market conditions and real estate trends.

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits