market updates - FEBRUARY 2026
Average Sale Price Residential: $662,773 down -1.0% over February 2025
Average Sale Price Condo: $428,538 up 0.8% over February 2025
Total Residential Homes Sold: 780 down -6.8% from February 2025
Total Condo Sales: 122 down -28.2% from February 2025
“Benchmark prices moved higher in February across every segment, and demand remained active where affordability allows, creating a more balanced environment,” said Tami Eades, OREB President. “Buyers are gaining a little more breathing room to make thoughtful decisions, while sellers continue to see consistent momentum. The conditions that kept many buyers cautious over the past year are gradually shifting. Spring is shaping up to be a meaningful window for those who are ready to act.”
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