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.