Association of Interior REALTORS® - Kootenay Branch

Residential real estate activity across the Interior remained stable in June, with market conditions continuing to normalize as the seasonal transition into summer brought the expected slowdown in new listings, reports the Association of Interior REALTORS® (the Association).

The Association region recorded 1,547 residential sales in June, up from 1,456 in May and up 3.8% compared to the same time last year.

New residential listings saw a 9.5% decrease compared to June 2025 with 2,963 new listings recorded last month, and down from the previous month’s 3,102 new listings. The total number of active listings saw a 7.0% decrease in inventory compared to the same time last year with 9,803 recorded across the Association region yet up compared to May’s 9,486 total inventory.

“After a very slow start to the year, we’ve seen market activity steadily return to more typical levels over the past few months, which is an encouraging sign as we move into the busy summer season,” says Association of Interior REALTORS® President Ryan Mayne, adding that “although new listings have eased between June and July, the decline is consistent with typical seasonal trends.”

In the Kootenay and Boundary region, 312 sales were recorded last month, marking a 4.7% increase compared to June 2025 and up from May’s 267 units sold. There were 547 new listings recorded in the Kootenay and Boundary region in June marking a 4.4% increase compared to the same month the previous year yet down from the previous month’s 611 new listings. The overall active listings in the Kootenay region saw a 4.6% increase compared to June 2025 with 1,891 recorded listings, which was above May’s 1,773 overall inventory.

“The Kootenay and Boundary real estate market experienced a particularly strong month for sales, outperforming many other markets across the province and exceeding activity seen in recent months. Unlike many other regions, inventory also continued to grow, providing buyers with more choice while helping to support healthy market conditions,” notes Mayne.

The benchmark price, a better representation of value compared to the average or median price as it represents a dwelling of “typical attributes”, saw a 1.5% increase in the Kootenay region in the single-family housing category compared to the same month the previous year, coming in at $634,000. The townhouse category saw a 6.9% decrease in benchmark pricing, coming in at $492,800. In the condominium housing category saw a benchmark price increase of 4.7% in year-over-year comparison, coming in at $335,300.