Welcome to the Peachland Real Estate Review for 2025. The market rebounded from the 2024 disastrous year with 120 total sales in 2025. The fourth quarter provided the push to a a more balanced market. However prices were down sharply for homes under 1 million. The sales from 2024 as compared to 2025 was up 37.93% Review our market outlook for 2026 at the end of this report.  This report is for general information only, and while accurate from actual numbers from the MLS system, it should not be used for home evaluation. Many factors including lot size, lakeview, parking, modern design etc. determine value. Contact your local real estate agent for a evaluation report.

Breakdown of Sales

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Homes	Sales	Acreage	Sales	Condo’s	Sales	Townhomes	Sales
2025	66	2025	9	2025	6	2025	23
2024	52	2024	4	2024	1	2024	19
2023	63	2023	6	2023	8	2023	18
2022	86	2022	7	2022	1	2022	48
2021	141	2021	9	2021	11	2021	77

STRATA UNIT THAT SOLD IN PEACHLAND IN 2025

HOME SALES STRATA SALES

Single Family-2025	0-700k
Average Size	1935.58 (1884 – 2024)
Average Days to Sell	169 (66 in 2024)
Average Price	$637,041.66 ($616,166 -2024)
Price per Sq ft	$329.12 ($392.26 -2024)
Trending Down	-16.09% ( -16.64% in 2024)
2 Year Trend	Prices down 32.73% from 2023.

Single Family-2025	700k-1 Million
Average Size	2415.25 (2197.53 -2024)
Average Days to Sell	95.89 days (121 days in 2024)
Average Price	$838,708.33 ($846,357.14-2024)
Price per Sq ft	$347.25 ($385.13 -2024)
Trending Down	PricesDown 9.83 % from 2024

Single Family-2025	Over 1 Million
Average Size	3376
Average Days to Sell	103 (149 days in 2024)
Average Price	$1,212,676.47 ($1,246,666.67-2024)
Price per Sq ft	$377.04 ($369.26 -2024)
Trending Up	+2.06%

Sale Prices vs Assessed Value-2025	New Stat for 2025- Average
Homes 0-700k	12.13% below Assessed Value
Homes 700k-1 million	3.34% below Assessed Value
Homes over 1 Million	4.56% above Assessed Value
Townhomes	4.63% below Assessed Value
Apartments- Lakeshore Gardens	0.41% over Assessed Value

	2025	2024	2023	2022	2021
Home Sales	53,896,500	55,654,000	66,728,950	87,310,459	151,650,950
Strata	21,664,553	13,779,900	19,020,500	66,574,229	63,047,920
Recreation	135,000	594,000	1.725,000	544,000	1,750,000
Building-Dev Lots	685,000	2,181,000	934,000	17,587,439	27,526,900
Mobile Homes	2,305,800	1,698,000	1.173,000	909,000	633,000
Commercial	3,225,000	0	2,299,000	13,594,000	330,000

Peachland Real Estate Market Summary – 2025

The Peachland real estate market experienced a challenging yet ultimately improving year in 2025. The first three quarters were notably slow by historical standards; however, a strong fourth quarter helped salvage overall performance. The decline in interest rates during Q4 played a critical role in stimulating buyer activity and improving sales momentum.

Total real estate sales across all property types increased from 87 transactions in 2024 to 120 in 2025—an encouraging improvement, although it should be noted that 2024 marked the weakest year for sales in Peachland’s history.

One notable trend in 2025 was increased affordability at the lower end of the market. Twelve homes sold below $700,000, compared to just three in 2024, indicating a downward shift in the entry-level benchmark. Another positive highlight was Lakeshore Gardens, which saw a significant turnaround, increasing from one sale in 2024 to six sales in 2025.

The market also reflected price adjustments, with several properties selling well below assessed values—some by more than $100,000. Chateau on the Green led strata property sales with seven transactions.

A new metric introduced in this year’s report compares sale prices to BC Assessment values. While these figures represent averages across property categories, they provide meaningful insight into market trends:

• Homes under $700,000: 12.13% below assessed value
• $700,000–$1,000,000 homes: 3.34% below assessed value
• $1,000,000+ homes: 4.56% above assessed value
• Townhomes: 4.63% below assessed value
• Condominiums: 0.41% above assessed value

In summary, 2025 was characterized by increased inventory, price declines of approximately 8–10%, and interest rates finally reaching more reasonable levels. These factors contributed to a strong fourth quarter and a modest year-over-year improvement. One disappointing note was land sales, with only two building lots sold in Peachland during the year.

Coldwell Banker Horizon Realty once again led the market, ranking #1 in Peachland for total home sales in 2025. Additionally, Coldwell Banker local agents represented Five of the top Seven top individual producers for sales in Peachland. We remain committed to promoting Peachland and assisting clients with buying and selling homes in the community.

Outlook for 2026

A correction in BC Assessment values is anticipated in 2026, reflecting the pricing realities of the 2025 market and potentially impacting property values moving forward. Overall, the outlook for sales activity in Peachland is more optimistic than in the previous year.

Prices are expected to soften slightly, with an anticipated decline of approximately 2–3% from 2025 levels. With interest rates stabilizing, the market is projected to transition toward balance—moving from a buyer’s market toward a more neutral environment as the spring season approaches.

Looking ahead to 2027, key uncertainties include whether the proposed nine-hole golf course will be completed by November and whether approximately 400 new homes will be introduced to the market in the fall of 2026. While several projects remain on the planning books, just a few new developments are expected in Peachland for 2026, including Phase Two of Lauren Heights, and the Sanderson Road Project which will introduce new lots and homes. We can also look for forward to the completion of the 2nd building for seniors off Beach Avenue. Move in is slated for this spring.

Should Peachland experience a stronger year of sales in 2026, some of these deferred projects may regain momentum in the years to follow.