Salmon Arm & Shuswap Real Estate Market Update: October 2026

If you own a home in Salmon Arm, Sorrento, Blind Bay or Sicamous, or you’re thinking about buying one, here’s a plain-language look at October’s official numbers. The main takeaway: Shuswap/Revelstoke recorded fewer sales and fewer listings than a year ago, while benchmark price changes varied by home type.

Source for all market figures: Association of Interior REALTORS® (AIR), October 2026 Summary Statistics, pages 1 and 3. Every percentage below compares October 2026 with October 2025, not with September.

Shuswap/Revelstoke at a glance: October 2026

AIR reported the following for its Shuswap/Revelstoke region:

• 66 residential sales, down 22.4%

• $52.1 million in dollar volume, down 23.0%

• 519 active listings, down 11.1%

• 81 new listings, down 32.5%

These are combined Shuswap/Revelstoke figures, not Shuswap-only or Salmon Arm-only totals. AIR’s residential total includes acreage, duplex, mobile home, recreational, single-family, 3/4-plex, apartment and townhouse properties. It excludes land.

Fewer sales don’t automatically mean every home is worth less. The property type and neighbourhood matter more than one regional headline.

Benchmark prices by home type

AIR’s Shuswap/Revelstoke summary shows different year-over-year price trends across the three categories:

AIR’s single-family category excludes lakefront and acreage single-family homes. These three categories are not the complete residential total.

A benchmark represents a home with typical attributes; it isn’t the average sale price or a valuation of your property. With just three condo/apartment sales in the regional summary, I’d be especially cautious about treating that month’s days-to-sell figure as a prediction for an individual listing.

What this could mean if you’re selling

The regional single-family benchmark was lower than a year ago, while townhouse and condo/apartment benchmarks were higher. That’s a good reason to avoid applying one percentage to every property.

Your location, condition, view, lot and nearby comparable sales all matter. If you’d like a number for your own home, you can request a free home evaluation. I’ll look at the relevant sales and walk you through them.

What this could mean if you’re buying

Fewer sales alone don’t tell you how much negotiating room you’ll have. Active listings were also below last October’s level, and the right comparison depends on what you’re buying and where.

You can read my Salmon Arm community guide, start a property search on my map search page, or compare communities in my Shuswap neighbourhood guide.

A note on these numbers

Monthly figures can move sharply in smaller markets. AIR notes that standardized methodology has applied across its regions since October 2024; older releases using different definitions are not directly comparable. This post is general market information, not financial advice.

Sources: AIR’s October 2026 Summary Statistics PDF supplied for this update, pages 1 and 3; AIR market statistics and methodology. The PDF is the source for the local figures above.

Let’s talk about your next move

Want to know how October’s numbers apply to your neighbourhood? Request your home evaluation, and let’s look at what matters for your next move.

— Gene Wolverton, REALTOR®, Canada Flex Realty Group Ltd.

If you own a home in Salmon Arm, Sorrento, Blind Bay or Sicamous, or you're thinking about buying one, you probably want to know one thing: what's the market actually doing? Here's a plain-language look at the most recent official numbers, along with what they cover and what they don't.

Source for every figure in this post: Association of Interior REALTORS® (AIR), September 2026 Monthly Market Statistics summary and news release (published October 5, 2026). Each figure below is labelled with the area it covers.

Shuswap/Revelstoke at a glance: September 2026

The Association of Interior REALTORS® (AIR) reported these figures for its Shuswap/Revelstoke region in September 2026. Percentages compare with September 2025. "Residential" includes single-family, acreage, recreational, mobile, duplex, 3/4-plex, townhouse and apartment homes, and excludes land.

• 76 residential sales, down 12.6%

• $55.4 million in dollar volume, down 6.1%

• 611 active listings, down 10.8%

• 112 new listings, down 25.3%

Benchmark prices by home type

AIR said the condo benchmark price rose in every sub-region, with "the highest increase of 6.6% seen in the Shuswap/Revelstoke region compared to the same month last year, coming in at $435,100." AIR's summary tables show that the Shuswap/Revelstoke single-family benchmark was up 0.1% year over year, while the townhouse benchmark was down 0.5%.

The bigger picture across the Interior

Across the full Association region, which also covers the Okanagan, Kamloops, the Kootenays and the South Peace, AIR reported:

• 1,141 residential sales in September, the same as August and down 8% from September 2025

• 2,289 new listings, down 13.4% from September 2025 and up from August's 2,062

• 9,185 active listings, down 6.8% year over year and down from August's 9,378

AIR President Ryan Mayne said: "Market activity across the Interior is showing early signs of a soft rebound following a challenging few months… inventory isn't accumulating, which is helping maintain balanced conditions." He added that "well-priced homes are being picked up relatively quickly."

Keep in mind that these are region-wide totals and not Shuswap-only counts.

What this could mean if you're selling

Benchmark prices come from the MLS® Home Price Index, which tracks a "typical" home. They aren't a price for your house. Your home's value depends on its location, condition, view, lot and what has actually sold nearby. The Association's comment that well-priced homes are moving fairly quickly is a reminder that pricing matters.

If you'd like a number for your own property, you can request a free home evaluation. I'll look at recent comparable sales in your neighbourhood and walk you through them.

What this could mean if you're buying

Across the Interior, there were fewer new listings than a year ago, and total inventory was down from August. Condo buyers in the Shuswap should note that the benchmark condo price was higher than it was a year ago. If you're shopping, you can see homes for sale in Salmon Arm, browse the whole Shuswap on my map search, or compare communities in my Shuswap neighbourhood guide.

A note on these numbers

Monthly numbers can swing, especially in smaller markets. This post is general market information and not financial advice.

Let's talk about your next move

Want to know how September's numbers apply to your street? Call or text me, Gene Wolverton, REALTOR® with Canada Flex Realty Group Ltd., at (250) 517-8875, or request your home evaluation online.