Posted on
July 7, 2025
by
Lindsey Sherlock
Start of Summer Brings Sizzling Sales, Slim Inventory
As summer kicks off in the Columbia Valley, the real estate market is heating up! June brought a wave of buyer activity that outpaced new listings, resulting in tighter inventory and a more competitive market environment. Whether you’re planning a move, an investment, or just keeping tabs, here’s your local market snapshot:
📊 Key Highlights – June 2025 vs June 2024:
Sold Listings: 46 homes sold – up 43.75% from 32 in June 2024
New Listings: 69 new listings – down 16.87% from last year’s 83
Average Sale Price: $529,915 – a slight decrease of 0.6%
Average Days on Market: 99 days – up 47.3%, indicating slower pace
End-of-Month Inventory: 273 homes – 20.4% less than June 2024
Months Supply of Inventory (MSI): 7.57 months – down 22.25%, showing higher absorption
🌞 Start of Summer Market Sentiment
Despite a small dip in average sale price, buyer confidence is strong. With sales up significantly and fewer homes being listed, competition is tightening—especially in the mid-range and entry-level price brackets.
The Columbia Valley’s beauty shines brightest in summer, and so does its appeal to buyers. Panorama, Fairmont, Windermere, and Invermere continue to attract interest, especially from out-of-town buyers seeking recreational or retirement homes.
💡 What This Means for Buyers & Sellers
For Sellers:
Now’s a great time to list, especially if your home is priced right and summer-ready. With fewer listings on the market and strong sales activity, well-presented properties are standing out.
For Buyers:
Inventory is slimmer than usual, so be prepared to act fast. The days on market have stretched, but that could create room for negotiation—especially if properties are sitting longer than expected.
📈 Looking Ahead
As we move deeper into the summer season, we expect buyer interest to remain strong, especially in lake-access and view properties. If the listing slowdown continues, we could see further pressure on pricing through July and August.
Thinking of buying or selling this summer? Let’s chat about your goals and how to make the most of current market conditions.
📞 Geoff Sherlock | Sherlock Homes Real Estate Team, RE/MAX Invermere
📧 geoff@remaxinvermere.com | 📱 250-688-5151
📞 Lindsey Sherlock | Sherlock Homes Real Estate Team, RE/MAX Invermere
📧 lindsey@remaxinvermere.com | 📱 250-409-6464