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Real Estate Market Update and Trends, Areas Included: Invermere, Radium, Fairmont, Edgewater, Windermere, Canal Flats, Dry Gulch to Radium, Panorama Mountain Resort!
Invermere and Columbia Valley Real Estate market summary report for October 2025 shows some fluctuating indicators in the local real estate market. The key points are:
1. Inventory Changes: There has been a noticeable decline in new listings, highlighted by a 6.45% drop from the previous year. Despite this, the active inventory has decreased only slightly compared to the start of the month, suggesting a slower market absorption or fewer new listings.
2. Price Movements: Both average list and sale prices have seen a significant decrease from the previous year, with list prices dropping by 25.20% and sale prices by 23.03%. This could indicate a potential buyer's market where prices are adjusting to attract more activity.
3. Days on Market and Sales Ratios:
The data comparison regarding Days on Market and Sales Ratios shows that properties have remained on the market for a similar duration between October 2024 and October 2025, indicating little change. However, there has been a notable increase in the average days on the market compared to the same period last year, showing a rise of 12.93%. This increase aligns with the higher inventory levels observed at the beginning of the year.
4. Comparative Yearly Metrics: When compared to the year to date, there has been a healthy increase in the number of sold listings by 8.84%, showing that over the longer term, the market has been more active despite recent downturns. This trend suggests that while immediate market conditions may show volatility, the overall yearly data points to a continuing interest in purchasing property.
5: Market Forecasts: Going forward, predictions indicate that the market may stabilize due to these adjustments in pricing and inventory. Economists suggest that as prices align more closely with buyer expectations, and with potential economic stimuli from governmental policies, the market could see a resurgence in buyer interest and investment.
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Sold Listings:
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New Listings:
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Average List Price:
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Average Sale Price:
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Average Percentage of Selling Price to List Price:
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Average Days on Market to Sell:
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Monthly Inventory:
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Months Supply of Inventory:
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