Posted on
March 3, 2026
by
Sherlock Homes Real Estate Team
Falling in Love with Opportunity in the Columbia Valley
February is often the month we talk about love — and in real estate, it’s about falling in love with the right home, the right timing, and the right strategy.
This February, the Columbia Valley market showed a mix of softer activity and stronger pricing — a reminder that even in a quieter season, there are meaningful opportunities for both buyers and sellers.
📊 Sales Activity: A Quieter Month
There were 15 residential sales in February 2026, down 44.44% from 27 sales in February 2025 .
New listings also dipped, with 43 homes coming to market — a 33.85% decrease year over year .
February is typically a transition month as we move from winter into early spring activity. While sales were below the 5-year February average, this type of slowdown isn’t uncommon before the spring market begins to build momentum.
💰 Prices: A Strong Upward Shift
Here’s where things get interesting.
Average List Price: $656,307 (+34.11%)
Average Sale Price: $616,453 (+30.02%)
Despite fewer sales, prices climbed significantly compared to last year. This suggests that while fewer homes are trading hands, the properties that are selling are commanding stronger values.
Higher-end activity and well-positioned homes are continuing to attract serious buyers.
⏳ Days on Market: Patience Required
The average days on market increased to 123 days, up 100.30% compared to 61 days last February .
Homes are taking longer to sell, which tells us buyers are being more selective. With interest rates and affordability still front of mind, purchasers are taking their time and negotiating more carefully.
🏠 Inventory & Supply: Moving Toward Balance
A months-of-supply figure around 5–6 months typically signals a balanced market. We’re sitting right in that zone.
That means:
❤️ What This Means for You
Buyers
If you’ve been waiting for the right time, February offered something attractive:
You don’t have to rush — but well-priced homes are still moving.
Sellers
Pricing and presentation are everything right now. Strong average sale prices show that buyers will pay — but only when value is clear and expectations align with the market.
🌷 Looking Ahead
As we move toward March and the early signs of spring, activity typically increases. More listings are likely to come online, and buyer energy often picks up with improving weather and renewed confidence.
February reminds us that real estate isn’t just about volume — it’s about strategy.
If you're thinking about making a move this spring, now is the perfect time to plan.
📞 Geoff Sherlock
RE/MAX Invermere
250-688-5151
geoff@remaxinvermere.com
📞 Lindsey Sherlock
RE/MAX Invermere
250-409-6464
lindsey@remaxinvermere.com