June 2025 Market Update
The Kootenay real estate market continues to show signs of strength in pricing, even as inventory tightens and sales volume softens. According to our latest data, the average sale price in May 2025 jumped 19.5% year-over-year to $793,629, while average days on market dropped dramatically by over 56%. These shifts point to strong buyer interest—especially for competitively priced properties.
However, a deeper look at the numbers reveals some mixed signals. While new listings increased by nearly 22%, closed sales dropped 11.6%, leading to a significant decline in the closed-to-listed ratio. This means sellers may be entering the market with optimism, but buyers are proceeding more selectively.
In this blog post, we break down what these numbers mean for homeowners, buyers, and investors—and how to position yourself for success in this evolving landscape. Click here to read the full report
Thinking about buying or selling this summer?
Contact us today at info@nelsonproperty.com or call 778-671-0969 for expert advice tailored to your real estate goals.
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