Posted on
August 4, 2025
by
Sherlock Homes Real Estate Team
Summer Holidays, Hot Sales, and Cool Negotiations
July in the Columbia Valley means sunshine, lake days, and family vacations—but it also brought a healthy surge of real estate activity. While many people were floating on paddleboards or roasting marshmallows, the local market was quietly heating up. With more listings, stronger sale prices, and steady buyer activity, July 2025 showed us that summer fun and smart moves can go hand in hand.
Here’s your local market snapshot across Invermere, Windermere, Radium Hot Springs, Fairmont, Panorama, and beyond:
🏡 July 2025 Market Snapshot (Year-over-Year)
| 📊 Metric | July 2024 | July 2025 | % Change |
|---|
| Sold Listings | 43 | 46 | ⬆️ +6.98% |
| New Listings | 55 | 69 | ⬆️ +25.45% |
| Average List Price | $703,686 | $779,634 | ⬆️ +10.79% |
| Average Sale Price | $650,670 | $716,973 | ⬆️ +10.19% |
| Sale-to-List Price Ratio | 94.19% | 93.72% | ⬇️ -0.49% |
| Days on Market (DOM) | 85.28 | 104.98 | ⬆️ +23.10% |
| End-of-Month Inventory | 324 | 273 | ⬇️ -15.74% |
| Months of Inventory (MOI) | 9.19 | 7.48 | ⬇️ -18.63% |
🏖️ What the July Numbers Are Telling Us
🌞 More Listings, More Sales, Higher Prices
July brought a 25% bump in new listings and a nearly 7% increase in sales, signaling strong activity even as locals and visitors hit the lake. Buyers are still shopping, and sellers are feeling confident listing at higher price points—with average list prices jumping to $779,634.
💰 Prices Continue to Rise
Average sale price climbed to $716,973, a 10.19% YoY increase. This shows buyer demand remains solid, particularly in desirable areas and properties offering summer appeal—like outdoor living spaces, lake access, or mountain views.
⏳ Longer Days on Market, But Steady Demand
Homes are taking longer to sell (105 days on average), but with fewer listings overall, the market remains competitive. Buyers are being more methodical, but they’re still writing offers—especially when properties are priced right and summer-ready.
📉 Tightening Inventory = Stronger Position for Sellers
With a 15.74% drop in end-of-month inventory and MOI falling below 8 months, sellers are in a stronger negotiating position, particularly in the sub-$700K range. If this pace continues, August could bring even firmer pricing.
🧭 What This Means for You
For Buyers:
Summer is still a great time to buy, but inventory is tightening.
Expect competition on well-priced, well-presented properties.
Be ready to move quickly, and lean on expert advice to avoid overpaying.
For Sellers:
If you’ve been considering listing, now is the time.
Buyer demand is strong, especially for homes with outdoor appeal.
Homes that are staged, priced competitively, and marketed well are still moving.
🌴 Summer Isn’t Over Yet — Let’s Make Your Move
With warm weather, longer days, and a still-active buyer pool, July’s market offers strong opportunity whether you’re buying, selling, or just exploring your options. The Sherlock Homes Real Estate Team is here to help you make the most of the season.
📞 Geoff Sherlock – 250-688-5151
📧 geoff@remaxinvermere.com
🏡 RE/MAX Invermere
📞 Lindsey Sherlock – 250-409-6464
📧 lindsey@remaxinvermere.com
🏡 RE/MAX Invermere
🏡 RE/MAX Invermere to make a move before summer fades? Let’s get started while the market—and weather—is still hot! 🔑☀️
