District publishes 2026 tax sale notice
Seventeen properties with delinquent taxes were listed for the annual tax sale on 28 September at 10 a.m. in Council Chambers. A reminder that Coldstream taxes are due on the first business day of July.
Updated September 2026
Coldstream market snapshot and local news
The numbers that matter, clearly dated and sourced, plus the 2026 Coldstream news that affects owners and buyers: taxes, water, wildfire, rules and the October election.
Updated September 2026 · by Sean Phillips, REALTOR®
Market snapshot
Updated September 2026. There are no official statistics for Coldstream on its own. The Association of Interior REALTORS® (AIR) publishes benchmark prices for the North Okanagan as a whole, which includes Vernon, Coldstream and surrounding communities. Coldstream typically sits toward the upper end of that range because of its lake-view homes and acreages.
North Okanagan benchmark prices, July 2026
- $782,100Single-family, +1.9% year over year
- $561,000Townhouse, +3.2%
- $316,200Condo, −0.5%
- −14%Active listings, year over year
Source: AIR data reported by Vernon Matters, 7 August 2026; see also CREA board statistics (which show the condo change as −0.4%). Benchmark prices describe a typical home, not an average of sales.
August 2026, whole Interior REALTORS® region
- 1,141Sales, −13.4% year over year
- 2,062New listings, −17.9%
- 9,378Active listings, −7.7%
Source: AIR release of 3 September 2026, as reported by vancouvernewcondos.com. This covers the entire AIR region, not just the North Okanagan.
AIR President Ryan Mayne put it plainly: "August was a difficult month for our communities. Evacuations displaced families, homes were lost, and the focus rightfully shifted away from real estate." Castanet reported that the Okanagan took a bigger hit than other Interior markets because two of the month's biggest fires were near Summerland and Vernon, while the North Okanagan single-family benchmark still rose from July.
Coldstream asking prices, 28 September 2026
- 84Coldstream listings on one portal
- $1,125,000Median asking price
- $480Average asking price per sq ft
Source: kelownahomes.com Coldstream page, 28 September 2026. These are asking prices from one listing portal, not sale prices.
What it means
- Buyers: fewer sales and longer marketing times mean more choice and more room to negotiate in fall 2026 than a year ago, particularly on homes that have been listed for a while.
- Sellers: prices have held while activity dropped. That rewards homes priced right on day one; overpriced listings sit.
- Everyone: Coldstream's median asking price is well above the regional single-family benchmark. Don't use regional averages to price a Coldstream home; ask for recent Coldstream sales.
How to read Coldstream numbers
Three cautions before you use any of these figures to price or offer on a home:
- Benchmarks aren't averages. The AIR benchmark describes a "typical" home in a region and is designed to track change over time. It isn't the average sale price and it isn't Coldstream-specific.
- Asking prices aren't sale prices. The $1.125 million median comes from what sellers are asking on one portal on one day. Some of those homes will sell for less, and some won't sell at all.
- Small samples swing. Coldstream records relatively few sales a month, and one lakefront or big acreage sale can move an average dramatically. That's why a price opinion for a specific home uses hand-picked comparables, not a district-wide figure.
For detailed monthly statistics, go to the source: the Association of Interior REALTORS® market statistics page, where you can select the North Okanagan.
Want the actual Coldstream sales for your street? Request a home value.
Coldstream news that matters to owners
Seasonal owner calls doubled speculation tax "grossly unfair"
A Coldstream owner of 36 years wrote to the Morning Star about the 2026 SVT rate doubling to 1% for Canadians. Second-home buyers should budget for it.
Greater Vernon Water temporarily switches water source
Quality concerns at the Antwerp Springs deep well, which serves Lavington and parts of Coldstream, prompted a temporary switch. Worth asking about if you're buying in Lavington.
Development Cost Charges update, virtual open house
The District and Urban Systems presented proposed updates to the DCC bylaw. DCCs feed into the price of new lots and homes.
Election campaigns begin ahead of 17 October vote
Councillor Jeremy Levy launched his campaign for a second term. Coldstream elects a mayor, six councillors and one SD22 trustee on 17 October.
RDNO rescinds precautionary water quality advisory
The advisory on the Kalamalka Lake source was lifted.
No wildfire threat after smoke seen near Coldstream
BC Wildfire Service gave the all clear after smoke was reported above Ravine Drive. The same month, the Bradley Creek fire destroyed about 230 homes on Okanagan Indian Band land along Westside Road, which is not in Coldstream.
Vernon and Coldstream launch automatic aid pilot
A two-year pilot lets the nearest fire crews respond across the municipal boundary.
Coldstream invited into the Agricultural Municipality Initiative
One of 12 farm-heavy municipalities asked to lobby for provincial funding, arguing farmland costs more to service than it raises in taxes.
Summer of construction: Aberdeen sewer, Kidston Road safety
Sewer installation on Aberdeen Road (through November), speed tables and a new crosswalk on Kidston Road, and Indigenous storyboards at Kal Beach.
Council adopts 8.72% tax increase and confirms B&B-only rentals
The 2026 financial plan passed with an 8.72% municipal tax increase, and council reaffirmed that only owner-run bed-and-breakfasts are allowed as short-term rentals.
Questions? Call or text
Talk Coldstream with someone who lives next door
Sean Phillips lives full time in Okanagan Landing, on the far side of Vernon, and works with buyers and sellers across Coldstream, Lavington and Vernon. Ask about a street, an acreage, a well or septic question, or what your place might sell for. No pressure, just straight local answers.