April brought more than Easter treats and blooming flowers—it delivered a balanced real estate market across the Columbia Valley. While not as energetic as last year, the numbers show continued resilience, rising prices, and a healthy mix of buyer and seller activity. Whether you're nesting in or ready to leap into your next move, here’s what the latest stats reveal.
🐰 Inventory Hops Down, Balancing the Market
The total number of homes on the market fell by 10.44%, down to 266 active listings. This spring inventory decline has helped stabilize the Months of Supply, which dropped to 7.69 months—an 8.71% decrease from last April.
While this is still a buyer-leaning market by traditional standards, the gap is slowly closing, bringing us closer to balanced conditions.
💐 Price Growth Continues to Bloom
Average List Price: $649,531 — up 6.88% YoY
Average Sale Price: $602,306 — up 1.41% YoY
Despite fewer sales, prices are holding strong. For sellers, this is a reassuring sign that your home’s value remains solid heading into the peak spring season.
🥚 Sales Volume Cracks, but Demand Still Present
36 homes sold in April, a 12.2% decline from 2024
The sale-to-list price ratio held steady at 95.90%, a slight dip of just 0.16%
Days on Market (DOM) increased by 20.95% to an average of 71.8 days
Fewer sales and longer DOM suggest buyers are taking more time to browse, but strong pricing metrics indicate that serious buyers are still in the game.
🌼 New Listings Pop Up
There were 89 new listings in April—virtually flat year-over-year, but up significantly from March, giving buyers more options to explore as the season warms up.
🧺 Key Takeaways for April
Buyers:
Inventory is down slightly, but fresh listings are springing up.
With prices staying strong and homes taking longer to sell, it’s a great time to shop smart and negotiate confidently.
Sellers:
List now to get ahead of the late spring rush.
Strong average sale prices and minimal price reductions show that well-marketed homes are still fetching top dollar.
🌸 Ready to Hatch a New Move?
Whether you’re springing into your first home or upgrading your nest, the Sherlock Homes Real Estate Team is here to guide you every step of the way. Let’s crack open your next chapter in real estate—together!
Let’s Connect!
📍 Geoff Sherlock
📞 250-688-5151
📧 geoff@remaxinvermere.com
📍 Lindsey Sherlock
📞 250-409-6464
📧 lindsey@remaxinvermere.com
Spring has sprung—let’s make this season your most successful yet! 🐇🔑
