Looking Back At 2021 and Ahead Into Spring 2022

Posted by Scott Sauermann on December 15th, 2021

Despite the challenges that 2020 and 2021 brought, the local real estate market has continued to thrive. The Columbia Valley saw a number of new residential developments and construction projects which helped increase the number of available properties. With current 2022 listing volumes nearing all-time lows and home and condo prices approaching all-time highs, we expect that as the year progresses, we will see increased competition for available listings.

Notable New Developments

2021 brought the start and completion of several notable new construction developments. This highlights growth and development in the communities we serve as well as future potential for growth as people look for a lifestyle that allows them to connect conveniently with…

1832 Views, 0 Comments

Kootenay real estate showing record sales

Posted by Scott Sauermann on December 9th, 2020

No signs of slowing down in Kootenay real estate, high demand continues for single family homes

Nelson, BC – 06-12-2020: The Kootenay Association of REALTORS® (KAR) reports that a total of 315 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November 2020, a rise of 66.6 per cent from November 2019. The average MLS® residential price in the region was $401,969, a 15.2 per cent rise from $348,864 recorded in November last year. Total sales dollar volume in November was $126.6 million, a 92 per cent rise over 2019, which stood at $65.9 million.

“Much like other regions in BC, these are exciting times…

1605 Views, 0 Comments