As twinkling lights glow and holiday magic fills the air, the Columbia Valley real estate market is closing out 2025 with a calm, steady finish. While the snow settles on the rooftops, so too do market trends that reflect a classic winter slowdown—along with signals of a more balanced and stable year ahead.

Let’s unwrap the December numbers and reflect on the full journey of 2025!

❄️ A Chill in Activity, but Stability in Prices

December brought a typical seasonal slowdown, with only 14 residential sales—down from 23 in November. But what stands out is the resilience in pricing:

• 🔹 Average Sale Price: $677,214 (up 4.16% from Dec 2024)

• 🔹 Average List Price: $738,316 (up 3.83% year-over-year)

• 🔹 Sales-to-List Ratio: 91.7% – steady and strong

• 🔹 Days on Market: 107.5 – homes are still moving, just at a relaxed winter pace

Sellers who stay active during the holidays are often rewarded with serious buyers. And with months of inventory now at 8.93, there’s breathing room for buyers to take their time and explore.

🎁 2025: A Year in Review

Let’s look back at how the Columbia Valley real estate market performed throughout the year:

🔹 Sales Volume:

• Total residential sales for 2025: 377

• Down 4.81% from 396 in 2024 — a softening but not a slump

🔹 Average Sale Price:

• 2025: $679,370

• Up 2.23% from $664,552 in 2024 — showing gradual, sustainable growth

🔹 Sales-to-List Ratio:

• Sellers averaged 94.07% of their asking price this year — slightly lower than 2024’s 95.1%, but still very healthy

🔹 Market Tempo:

• Average Days on Market: 89.78 (slightly longer than last year’s 78.41)

• Buyers had a bit more time to make decisions, especially in the latter half of the year

Overall, 2025 was a year of moderation and maturity. Gone were the frantic bidding wars of previous years; in their place, we saw strategic pricing, motivated buyers, and informed sellers creating a much more balanced playing field.

🎅 What This Means for You

🏡 Buyers:

With more inventory and longer timelines, December and January are excellent months to negotiate. There’s less competition, and serious sellers remain on the market. If you’ve been waiting for the right opportunity, it may already be gift-wrapped and waiting.

🏡 Sellers:

While showings may slow, serious buyers don’t disappear over the holidays. With proper staging, winter curb appeal, and realistic pricing, your home can still make a memorable impression.

🥂 Cheers to 2026!

We’re heading into the new year with stability, opportunity, and optimism. Whether you’re thinking of selling in the spring or investing in a weekend getaway, the Columbia Valley remains one of B.C.’s most scenic and sought-after places to call home.

Let’s raise a glass to smart moves, snowy adventures, and your next big real estate step!

Geoff & Lindsey Sherlock
Sherlock Homes Real Estate Team | RE/MAX Invermere
📧 geoff@remaxinvermere.com | 📞 250-688-5151
📧 lindsey@remaxinvermere.com | 📞 250-409-6464

As snow starts to blanket the mountains, the real estate market in the Columbia Valley is cooling—but not frozen.

The days are shorter, the air crisper, and holiday lights are beginning to glow throughout Invermere, Radium, Fairmont, and Windermere. November brought some noticeable shifts to the residential market, with rising inventory and slower sales pointing toward a more balanced (or even buyer-friendly) landscape heading into winter.

Let’s dive into the numbers and see what this seasonal transition means for you:

📊 November 2025 vs November 2024: The Stats You Need to Know

🧣 What’s Driving the Market?

📉 Sales Slide, Inventory Climbs
November saw only 19 homes sold—down nearly 27% from the same time last year. Meanwhile, new listings jumped by 67%, and inventory reached 313 active listings, the highest in over a year.

❄️ Market Cool-Down Is Official
With 12.58 months of inventory, the Columbia Valley has officially moved into buyer’s market territory, where supply outweighs demand. Properties are now taking an average of 108 days to sell—a nearly 50% increase.

💰 Prices Remain Resilient (For Now)
Despite the cooler pace, average sale prices still rose 12.4% year-over-year, showing the Valley’s long-term value holds strong. But sellers should note: the sale-to-list price ratio dropped to 97.11%, which means buyers are negotiating harder.

🔑 What This Means for You

🏠 Sellers:

• Expect longer days on market and more price-sensitive buyers.

• Pricing strategy is key—overpriced homes will sit.

• Highlight winter-friendly features like energy efficiency, hot tubs, and garages.

🔍 Buyers:

• You have more choices and stronger negotiating power than we've seen in months.

• Be patient—motivated sellers are out there.

• This is a great time to secure your dream home before the busier spring season hits.

🌨️ Winter is Here—But So is Opportunity

As the Columbia Valley transitions into its winter wonderland, the real estate market offers a unique chance for buyers and sellers who understand the shift. With more inventory and slower competition, savvy buyers can make confident moves, and sellers can still attract attention with the right prep and pricing.

Let us help you navigate this market with confidence—whether you’re looking to cozy up in a new home or prepare to list in the new year.

📞 Geoff Sherlock
📧 geoff@remaxinvermere.com
🕵️ Sherlock Homes Real Estate Team | RE/MAX Invermere

📞 Lindsey Sherlock
📧 lindsey@remaxinvermere.com
🕵️ Sherlock Homes Real Estate Team | RE/MAX Invermere

The Columbia Valley Market Shows Signs of a Spooky Shift…

October crept in with frosty mornings, fall colours—and a few chilling twists in the Columbia Valley real estate market. While sales remained relatively strong, a cooling in buyer urgency and a climb in inventory signalled a return to more balanced conditions. Still, some “treats” await for well-prepared buyers and sellers alike.

Here’s your ghoulishly good breakdown of October’s real estate stats across Invermere, Radium Hot Springs, Windermere, Fairmont, and beyond:

🧛 October 2025 vs October 2024 – Frighteningly Fresh Stats

👀 Ghosts of Market Trends

🧟‍♂️ Sales Slump
Compared to last October, sales fell by nearly 23%. This slowdown may spook some sellers, but don’t panic—this is a normal seasonal shift as buyers start bundling up for winter and become more selective.

🎁 Inventory: A Treat for Buyers
Inventory jumped 15% and months of inventory climbed to 9.06 months. That’s the highest we've seen in over a year—giving buyers more choice and room to negotiate.

🧙‍♀️ Prices Still Brewing Higher
Despite fewer sales, prices remain strong. The average sale price rose by 18.6% year-over-year, though the sale-to-list price ratio dipped slightly. Sellers may need to manage expectations as more competition emerges.

🕯️ Longer Days on Market
Homes are lingering about 10 days longer than they did last October. It's a sign the market is cooling—but not freezing. Proper pricing, staging, and marketing remain critical.

🧟 What Buyers & Sellers Should Know

🎃 Buyers:

• You now have more listings to choose from and stronger negotiation power.

• Keep your eyes peeled for stale listings that may be open to price adjustments.

• Get pre-approved and be ready to pounce when you find a good fit—fall and winter can still offer solid buying opportunities.

🦇 Sellers:

• Expect longer timelines and more pricing competition.

• That said, prices are still historically high—and a well-presented home will stand out in the growing inventory.

• Consider listing before holiday distractions kick in or start prepping for the new year market surge.

🏡 Final Thoughts: Don’t Be Spooked, Be Strategic

As the fog settles over the Columbia Valley, one thing is clear: we’re entering a more balanced market, not a haunted one. Whether you're buying your first home or preparing to list, this season offers opportunity—with the right game plan.

Need help making sense of the market? We’re here to help you navigate every twist and turn—without the fright.

📞 Geoff Sherlock
📧 geoff@remaxinvermere.com
🕵️ Sherlock Homes Real Estate Team | RE/MAX Invermere

📞 Lindsey Sherlock
📧 lindsey@remaxinvermere.com
🕵️ Sherlock Homes Real Estate Team | RE/MAX Invermere

Back to School, Back to Balance: Buyers and Sellers Sharpen Their Pencils

September brings the return of routine—and the Columbia Valley real estate market is settling into its own rhythm, too. With balanced sales activity, slight price adjustments, and steady buyer interest, the post-summer season is shaping up to be a smart time to move, whether you're buying your first home or making a strategic sale.

Here’s your September market recap to help you plan your next move wisely:

📊 September 2025 Market Snapshot (Year-over-Year)

🍂 Key Market Takeaways – Sharpen Those Fall Strategies

📉 Inventory Tightens
New listings dropped nearly 14% while sales held steady, tightening the market and creating more balanced conditions. The current Months of Inventory sits at 7.86, slightly leaning toward a seller’s market.

📈 Prices Nudge Up
The average sale price rose 4.43% year-over-year, and sellers are achieving 95.5% of their list price on average. It’s a subtle signal of growing buyer confidence heading into fall.

⏱️ Homes Selling Faster
Days on market dropped by over 17%, showing that well-priced and well-marketed homes are moving quicker than they did this time last year.

🧠 What This Means for You

🎯 Buyers:

• The fall market offers less competition than spring or summer.

• With inventory slightly down, being pre-approved and offer-ready gives you an edge.

• Many listings priced earlier in the season may now be open to negotiation.

🏡 Sellers:

• September’s stats show a healthier list-to-sale price ratio and quicker turnaround—a good sign for motivated sellers.

• With fewer new listings entering the market, your property has a better chance to stand out.

• Back-to-school buyers are often serious buyers. Strike while motivation is high!

📚 Final Thoughts: Class is in Session

As we flip the calendar into fall, the Columbia Valley market is neither overheated nor cooling—it’s smart and steady. Whether you're upgrading, downsizing, or buying your first home, the current conditions offer clarity and opportunity.

Need help navigating your next real estate decision with confidence? Let’s chat.

📞 Geoff Sherlock
📧 geoff@remaxinvermere.com
🧭 Sherlock Homes Real Estate Team | RE/MAX Invermere

📞 Lindsey Sherlock
📧 lindsey@remaxinvermere.com
🧭 Sherlock Homes Real Estate Team | RE/MAX Invermere

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

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)

🏖️ 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! 🔑☀️

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

As the scent of lilacs gives way to sunscreen and patios, the Columbia Valley real estate market is following suit—shifting from spring energy into early summer momentum. May delivered a mix of consistency and subtle shifts, with sales rising, prices holding firm, and the market showing signs of healthy seasonal rhythm. Whether you're gearing up for a summer sale or hoping to settle in before beach season peaks, here's what the latest numbers reveal.

🏡 Sales Pick Up with the Summer Breeze

• 50 homes sold in May—up 2.04% compared to last year’s 49.

• Buyers were more active, and homes moved faster: Days on Market dropped 22.55% to 72.3 days on average .

This marks the second month in a row of strong buyer activity, a clear signal that summer is sparking action.

💰 Prices Hold Steady in the Sunshine

• Average List Price: $663,591 — up 5.78% YoY

• Average Sale Price: $615,947 — up 1.14% YoY

• Sale-to-List Ratio: 92.81%, slightly down by 4.37%

Prices remain stable, with slight YoY gains, even as buyers negotiate a little more confidently. For sellers, it’s a reminder to price strategically—homes that shine and are well-positioned are still closing close to list.

🌿 New Listings Bloom, but Inventory Remains Lean

• 117 new listings, down 4.1% from May 2024

• Active inventory: 292 homes, down 4.58% from last year

• Months of Supply: 7.71, showing a slight increase of 0.51%, keeping us in a gently buyer-favored market

While new listings are steady, the drop in overall inventory highlights a key trend—demand is quietly outpacing supply in certain segments, especially under $650K.

🌞 Key Takeaways for May

Buyers:

• Summer activity is heating up—act early for the best selection.

• With inventory slightly lower than last year, competition is rising in certain price ranges. Be ready to act decisively.

Sellers:

• Homes are still selling well, especially those under the average list price.

• Stage your home for summer living—think patios, gardens, and outdoor entertaining.

• Pricing is key: the right number brings motivated buyers quickly.

🌺 Summer Starts Now—Let’s Make Your Move

Whether you're searching for a lakeside retreat, upsizing for family summer adventures, or selling before fall, now is the time to make your move. The Columbia Valley market is warm, active, and full of opportunity—and the Sherlock Homes Real Estate Team is here to help you navigate every step.

Connect with Us

📍 Geoff Sherlock
📞 250-688-5151
📧 geoff@remaxinvermere.com

📍 Lindsey Sherlock
📞 250-409-6464
📧 lindsey@remaxinvermere.com

The season is changing—and so can your address. Let’s make this summer one to remember! ☀️🔑

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! 🐇🔑

As spring begins to breathe new life into the Columbia Valley, the residential real estate market is showing signs of growth and resilience—just like the crocuses poking through the last of the snow. March brought a mix of fresh inventory, rising prices, and steady sales activity, pointing to a market that’s balancing out after a dynamic winter. Let’s dig into the numbers and see what this means for buyers and sellers this season.

🌷 Listings Ease, But Demand Remains Strong

• New listings dipped 18.75%, with 65 properties hitting the market compared to 80 last March.

• Despite this seasonal pullback, demand stayed consistent, with 38 homes sold, a slight 2.7% increase over last year​.

This shows us that while fewer homes are entering the market, motivated buyers are still making moves—and quickly!

💸 Prices Continue Their Spring Climb

• Average List Price: $595,832 (+6.67% YoY)

• Average Sale Price: $568,137 (+7.52% YoY)​

This upward trend in pricing highlights the strong market confidence. Sellers are achieving excellent returns, while buyers should be prepared for competitive pricing across many segments.

⏱️ Days on Market Creeps Up, But Still Healthy

Homes took an average of 90.21 days to sell, a 2.76% increase from last year. While slightly longer than last March, this figure still suggests steady buyer engagement, particularly in higher price points​.

🏘️ Inventory Holds Steady, Keeping Market Balanced

• End-of-month inventory: 236 homes, down 5.6% YoY

• Months of Supply: 6.74 months, a slight 3.35% drop​

With a stable level of active listings and a healthy absorption rate, we’re looking at a market that’s neither too hot nor too cold—perfectly spring balanced.

📊 Key Takeaways for March

Buyers:

• Be ready to move fast—inventory may be tighter, and prices are climbing.

• Work with an agent to stay ahead of new listings, especially as spring activity ramps up.

Sellers:

• This is a fantastic time to list.

• With fewer listings competing and prices trending up, your property could stand out—especially if it’s move-in ready and well-presented.

🌼 Spring into Action with Sherlock Homes

Whether you’re planting the seeds for a future purchase or ready to list your home this spring, the Sherlock Homes Real Estate Team is here to help you grow your real estate goals into reality. The Columbia Valley is buzzing with fresh energy—let’s make this your season of smart moves!

Let’s Chat!

📍 Geoff Sherlock
📞 250-688-5151
📧 geoff@remaxinvermere.com

📍 Lindsey Sherlock
📞 250-409-6464
📧 lindsey@remaxinvermere.com

Spring has arrived—let’s turn over a new leaf in your real estate journey! 🌸🔑

Posted on March 4, 2025 by Sherlock Homes Real Estate Team

As winter winds down and we inch closer to spring, the Columbia Valley real estate market has shown some interesting shifts. While February typically sees a slower pace, this month brought a mix of declining prices, faster sales, and a steady inventory increase. Here’s what you need to know about the latest trends and how they may impact your real estate decisions.

Inventory Expands, Providing More Options for Buyers 📈🏡

February ended with 223 active listings, an 8.25% increase compared to last year. This steady growth is helping create a more balanced market, giving buyers more selection and negotiating power. The Months Supply of Inventory (MSI) also grew by 9.03% to 6.4 months, indicating a slightly slower absorption rate as listings outpaced sales.

Prices Experience a Seasonal Dip 📉💰

For the first time in months, we saw a moderate price decline:

• Average List Price: $498,777 (-9.15% YoY)

• Average Sale Price: $483,331 (-7.75% YoY)

While prices softened, the sale-to-list price ratio increased to 97.55%, meaning sellers are still achieving strong returns close to their asking price.

Homes Selling Faster Despite Fewer Sales ⏳🚀

• 26 properties sold, down 13.33% from last February.

• Homes sold in an average of 60.81 days, a 30.72% decrease in Days on Market (DOM) from 87.77 last year.

This means that while fewer transactions took place, serious buyers were quick to act on well-priced properties.

New Listings Slightly Decline But Remain Strong 🏠✨

• 65 new listings hit the market, down 13.33% from last year’s 75.

• Despite this drop, new inventory levels remain above the 5-year average, suggesting sellers are still confident in listing their homes.

Key Takeaways: What This Means for You 🔑

🔹 Buyers: Prices have cooled slightly, and inventory is rising, giving you more negotiating power. With homes selling faster, act quickly when you find the right property!

🔹 Sellers: Although prices dipped, well-priced homes are moving quickly. Ensuring your home is competitively priced and showcasing its best features will help you attract serious buyers.

Looking Ahead: Spring Surge Incoming? 🌷🏡

As we transition into spring, we often see an increase in market activity. If you’re considering buying or selling, now is a great time to plan your next move with expert guidance.

At Sherlock Homes Real Estate Team, we’re here to help you navigate the market with confidence. Whether you’re looking for a new home or preparing to sell for top dollar, let’s make the most of this season together!

Ready to Make a Move? Let’s Talk! 📞

📍 Geoff Sherlock
📞 250-688-5151
📧 geoff@remaxinvermere.com

📍 Lindsey Sherlock
📞 250-409-6464
📧 lindsey@remaxinvermere.com

✨ Thinking about buying or selling? Let’s make your next move a successful one! 🚪🔑

Posted on February 1, 2025 by Sherlock Homes Real Estate Team

The new year has arrived, bringing with it fresh opportunities and renewed energy in the Columbia Valley real estate market! Whether you’re setting new homeownership goals or looking to make a strategic move, January’s market trends are setting the stage for an exciting 2025. Let’s dive into the latest numbers and what they mean for buyers and sellers alike.

A Surge of New Listings to Kick Off the Year 🎆🏡

January saw an 87.1% increase in new listings, jumping from 31 in 2024 to 58 in 2025. This wave of fresh inventory gives buyers a fantastic selection to choose from, making it a great time to start house hunting. If you’ve been waiting for more options, this could be your moment!

Prices Climb as Demand Stays Strong 📈💰

The average list price rose by 29.32% to $551,413, while the average sale price increased by 30.39%, reaching $518,789. This upward trend reflects a competitive market where well-priced homes continue to attract buyers. Sellers, take note—pricing your home correctly can make all the difference in securing a great offer.

Homes Selling Faster Than Last Year 🚀⏳

Buyers weren’t just browsing—they were acting fast. The average Days on Market (DOM) dropped by 31.53%, from 110.8 days last January to just 75.87 days this year. This means motivated buyers are making decisions quicker, so sellers should be prepared for faster turnarounds.

Inventory Expands to Meet Demand 🏠📊

The total number of available homes at the end of January grew by 38.1%, reaching 203 units. Meanwhile, the Months Supply of Inventory climbed to 5.84 months, a 40.41% increase from last year. This signals a more balanced market, giving buyers a little breathing room while still keeping sellers in a strong position.

What This Means for You 🔑✨

Buyers:

• With new listings flooding the market, you have more choices than in previous months—this is your chance to find the perfect property.

• Act quickly! Homes are selling faster, and those that are well-priced won’t last long.

Sellers:

• The rising sale prices indicate that buyers are still willing to pay for the right home—ensure your property is well-prepared and competitively priced.

• With homes selling faster, being market-ready from day one is crucial to attracting strong offers.

2025: A Year of Real Estate Possibilities! 🌟

Whether you’re looking to buy your dream home, sell for the best price, or simply explore your options, the start of the year is the perfect time to make your move. The Columbia Valley real estate market is buzzing with activity, and we’re here to help you navigate it with confidence.

At Sherlock Homes Real Estate Team, we’re committed to making your real estate journey smooth, stress-free, and successful. Let’s make 2025 your year of smart real estate decisions!

Ready to Make a Move? Let’s Chat! 📞

Contact:
Geoff Sherlock
Phone: 250-688-5151
Email: geoff@remaxinvermere.com

Lindsey Sherlock
Phone: 250-409-6464
Email: lindsey@remaxinvermere.com

New year, new home? Let’s make it happen together! 🎊🏡