Real Estate Update and Trends, Areas Included: Invermere, Radium, Fairmont, Edgewater, Windermere, Canal Flats, Dry Gulch to Radium, Panorama Mountain Resort!
The data gives insights into inventory levels, market activity, and trends compared between March 2025 and March 2026, as well as year-to-date performance.
The latest market data for March 2026 is in, and it’s painting a clear picture: while activity has slowed in some areas, pricing remains strong and inventory is tightening—creating important opportunities for both buyers and sellers in the Columbia Valley.
Key Takeaways
1. Prices Are Up—Significantly
One of the most notable trends is the continued rise in home values:
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Average List Price: $690,882 (+37.02% YoY)
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Average Sale Price: $660,969 (+37.38% YoY)
This tells us that demand for property in our region remains strong, especially for well-positioned homes and recreational properties.
2. Sales Activity Has Slowed
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Sold Listings: 39 (↓ 18.75% YoY)
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Year-to-date sales are down nearly 28%
While fewer transactions are happening, this doesn’t reflect a lack of interest—it suggests buyers are being more selective and strategic.
3. Inventory Is Tightening
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Active Inventory: 337 homes (↓ 13.14%)
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Months of Supply: 8.29 months (↓ 10.83%)
A shrinking inventory means less competition for sellers and fewer options for buyers—often supporting stronger pricing.
4. New Listings Holding Steady
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New Listings: 96 (↑ 2.13%)
New inventory is coming to market, but not fast enough to significantly shift supply levels.
5. Homes Are Taking Longer to Sell
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Average Days on Market: 105 days (↑ 9.40%)
Buyers are taking more time, doing their due diligence, and waiting for the right property.
6. Sale-to-List Ratio Slightly Down
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Sale-to-List Price Ratio: 94.97%
Homes are still selling close to asking price, but buyers have gained a bit more negotiating room compared to last year.
What This Means for Buyers
With fewer sales and longer days on market, buyers have more time to evaluate options and negotiate. However, rising prices and limited inventory mean that well-priced properties still move quickly—especially in desirable locations.
What This Means for Sellers
This is still a strong market for sellers:
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Property values are up significantly
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Inventory is limited
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Serious buyers are still active
The key is pricing strategically and presenting your home well—today’s buyers are selective and informed.
The Bottom Line
The Columbia Valley market is shifting into a more balanced phase:
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Prices remain strong
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Inventory is tightening
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Buyers are more cautious
Whether you’re buying, selling, or simply watching the market, understanding these trends is essential to making smart real estate decisions in 2026.
Thinking About Making a Move?
At MaxWell Rockies Realty, we are here to help you navigate this evolving market with confidence. Whether you’re searching for your dream home, a vacation property, or looking to sell, local expertise makes all the difference.
Let’s connect and talk strategy.
Overview:
Sold Listings:
New Listings:
Average List Price:
Average Sale Price:
Average Percentage of Selling Price to List Price:
Average Days on Market to Sell:
Monthly Inventory:
Months Supply of Inventory:
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