Found 4 blog entries tagged as Market Update.

More Inventory, Higher Prices and Increased Buyer Choice

The Invermere-area and Columbia Valley real estate market saw a noticeable shift in August 2026, with more homes available for sale and higher average prices compared with the same month last year.
According to data compiled by the Association of Interior REALTORS® for the communities covered by the report—including Invermere, Panorama, Radium Hot Springs, Fairmont, Canal Flats and Windermere—there were 454 active properties at the end of August, compared with 423 in August 2025. That represents a 7.33% increase in inventory.
For buyers, the additional inventory provides more choice and potentially more time to compare properties. For sellers, the figures highlight the importance of accurate…

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Real Estate Update and Trends, Areas Included: Invermere, Radium, Fairmont, Edgewater, Windermere, Canal Flats, Dry Gulch to Radium, Panorama Mountain Resort!

The data gives insights into inventory levels, market activity, and trends compared between January 2025 and January 2026, as well as year-to-date performance.

The key points are:

1. Inventory and Listings:
 Inventory levels have slightly declined from last year, with total active listings at 302 — down about 11.7% from January 2025. New listings also dropped significantly, falling by 39.7% to 47. This suggests a tightening housing supply in the Invermere and surrounding areas, potentially leading to more competitive conditions for buyers. The reduction in available homes may limit…

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Real Estate Market Value

The concepts of Market Value and Purchasing Price!

Market Value

  • Market Value, often referred to as Fair Market Value, is the estimated amount for which a property or an item would trade in a competitive and open market environment.
  • It reflects the price that a willing buyer and a willing seller, both having reasonable knowledge of all relevant facts and neither being under any compulsion to buy or sell, would agree upon.
  • Market value can fluctuate based on demand, economic conditions, and other market dynamics.  

Purchasing Price ( Purchase Price ) 

  • The Purchasing Price is the actual amount paid for a product or service at the time of buying. It is the cost at which someone acquires an asset, commodity, service, or…

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Bugaboo Provincial Park

Columbia Valley Real Estate Market

The Columbia Valley boasts vibrant communities and a wide range of activities, making it a desirable location for both permanent residents and vacationers.

The real estate market in the area is diverse, offering options for everyone from first-time homebuyers to retirees looking for a serene retreat.

Median Home Prices

The Columbia Valley

Median sale prices vary depending on the type of property and location. In Invermere, the median sale price for a single-family home is around $850,000, while in Radium Hot Springs it's closer to $750,000.

Condos tend to be more affordable, with a median price in the $500,000 range.

Properties are typically priced fairly and selling within a reasonable…

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