Cranbrook Real Estate Market Report

Board reference period: September 2026

Summary

Association of Interior REALTORS — Kootenay reported 253 sales, 418 new listings and 1,823 active listings for the Kootenay and Boundary region in September 2026.

Kootenay and Boundary region

Association of Interior REALTORS — Kootenay · September 2026

Association of Interior REALTORS — Kootenay reports these figures for the Kootenay and Boundary region.

MLS® Home Price Index benchmark prices

Detached
$638,300
Townhouse / attached
$503,200
Apartment
$358,700

Sales and listings

Sales
253
  • -7.7% vs August 2026 (274) · calculated from Association of Interior REALTORS — Kootenay figures for both months
  • +9.1% over the year, as published by Association of Interior REALTORS — Kootenay
New listings
418
  • +18.1% vs August 2026 (354) · calculated from Association of Interior REALTORS — Kootenay figures for both months
Active listings
1,823
Inventory change:
  • -2.4% vs August 2026 (1,868) · calculated from Association of Interior REALTORS — Kootenay figures for both months

Association of Interior REALTORS — Kootenay monthly report

Report period: 2026-09-01. Source URL: https://www.interiorrealtors.ca/kootenay-residential-real-estate-market-demand-holds-steady/ Source SHA256: 864f7ef6078cb6aa9b9cf8cb992f157cf6fb4891609b1063c5c19c36667def98 Verification PDF: https://www.interiorrealtors.ca/wp-content/uploads/2025/06/SEPTEMBER-2026-DATA-RELEASE-OKANAGAN-MEDIA.pdf Verification PDF SHA256: ef4befa7d98a4c7c76418ab620467c35c6bf03354d82cf418b87d4b8234a791f Dashboard Kootenay/single-family/2026-09 SHA256: f771da5f3d6925822a1d9b56d380c0e087aa03216b86fa55c61a0d62207518aa Dashboard Kootenay/townhouse/2026-09 SHA256: 9a1276c2fb2911164d2dd76e17b436bdcb8ec7bbf0ec6ba3e88ff52a70cf6bf9 Dashboard Kootenay/condo-apartment/2026-09 SHA256: be9ad679653f35d10131ddec3ac41a62ead9697bb2b477f65b8ed43516a51a38 In the Kootenay and Boundary region, 253 sales were recorded last month, marking a 9.1% increase compared to September 2025 and down slightly from August’s 274 units sold. There were 418 new listings recorded in the Kootenay and Boundary region in September marking a 4.1% decrease compared to the same month the previous year, up from the previous month’s 354 new listings. The overall active listings in the Kootenay region saw a 1.6% increase compared to September 2025 with 1,823 recorded listings, which was slightly below August’s 1,868 overall inventory. “The Kootenay and Boundary market can naturally see considerable variation given the size and diversity of the region, but overall activity remains ahead of last year and just below the 10-year average. Relative affordability continues to attract demand, while limited supply is making it difficult to build inventory,” 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 5% increase in the Kootenay region in the single-family housing category compared to the same month the previous year, coming in at $638,300. The townhouse category saw a 3.1% decrease in benchmark pricing, coming in at $503,200. The condominium housing category saw a benchmark price increase of 13.8% in year-over-year comparison, coming in at $358,700.

Source: Association of Interior REALTORS — Kootenay, September 2026

Interest rates

Bank of Canada policy rate (target for the overnight rate)
2.25%as of October 15, 2026
Prime rate
4.45%week of October 14, 2026

Source: Bank of Canada (Valet series V39079 and V80691311).

Every market figure on this page is published by the board named beside it, for the area and month shown. Changes marked “calculated” compare two figures that board published for the same area; no figure is calculated from listing data. A figure a board did not publish is left out.

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Market statistics on this page are published by Association of Interior REALTORS — Kootenay.

Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Listing data: Canadian Real Estate Association (CREA) Data Distribution Facility (DDF).

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The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

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