Savoring Summer’s End: A Balanced Market with a Competitive Edge
As August winds down and we trade lake days for light jackets, the Columbia Valley real estate market is showing signs of balance—but not without its own late-summer momentum. With strong sales volume and an uptick in prices, August brought just enough heat to keep things interesting for both buyers and sellers across Invermere, Windermere, Radium Hot Springs, Fairmont, and the surrounding communities.
Here’s your warm-weather wrap-up before we roll into fall:
🏡 August 2025 Market Snapshot (Year-over-Year)
🌻 Summer Ends with a Bang, Not a Whimper
🔥 Sales Surge
Sales jumped over 40% compared to last August—a clear sign that buyers are still active, even with back-to-school on the horizon. With 45 homes sold and only 73 new listings entering the market, buyer demand is outpacing supply.
💰 Prices Are Climbing
Average sale prices rose 6.23% year-over-year, and homes are now selling for 95.41% of their asking price—up nearly 2.5%. This shows buyers are willing to pay closer to list price, especially when inventory is tight and options are limited.
⏱️ Days on Market Drop
Homes sold faster in August, with average DOM dropping from 105 days to just over 80. That’s a nearly 24% reduction—proving that well-presented and well-priced homes are moving swiftly.
📉 Shrinking Inventory = Opportunity for Sellers
Active listings are down 12.5%, and MOI dropped from 10.19 months to 6.33—a shift from a slow summer 2024 to a balanced, and slightly seller-favourable, market in August 2025.
🧭 What This Means for Buyers & Sellers
📦 Buyers:
The end of summer offers less competition than the spring peak, but good listings are moving quickly.
Be ready to act fast and lean on local insights to make your offer competitive.
Consider looking at listings that have been on the market a bit longer—there may be hidden gems with negotiation room.
🏠 Sellers:
It’s still a great time to list. With DOM decreasing and prices increasing, late-summer sellers are reaping strong results.
If your home shows well and is priced right, chances are it won’t sit for long.
September is often a second wind in the market—get ahead of the fall rush.
🛶 Final Thoughts: Paddle Out While the Water’s Still Warm
Whether you're selling a mountain-view retreat or looking for your lake-access getaway, August 2025’s numbers show a market that still has life left in it before the leaves start to fall. With balanced conditions and plenty of motivated buyers and sellers, now is a great time to make a move.
Reach out today and let’s plan your strategy for September and beyond.
📞 Geoff Sherlock (250) 688 5151
📧 geoff@remaxinvermere.com
📞 Lindsey Sherlock (250) 409 6464
📧 lindsey@remaxinvermere.com
🧭 Sherlock Homes Real Estate Team | RE/MAX Invermere
