Kootenay Real Estate Market Report - July 2026: Steady Activity Amid Inventory Constraints

Association of Interior REALTORS - Kootenay — July 2026

The Association of Interior REALTORS - Kootenay reports 1,496 residential sales in July 2026, a slight decrease of 2.2% from the previous year. New listings fell by 12.1% year-over-year, contributing to a total of 9,630 active listings in the region.

Market Analysis

July 2026 sees the Kootenay real estate market maintaining a steady pace, with total sales closely mirroring last year's figures. The 1,496 sales recorded this month represent a decrease from June's 1,547, indicating a typical seasonal adjustment. New listings have decreased significantly, with 2,569 recorded in July, down from 2,963 in June and 12.1% lower than the same month last year, suggesting a tightening supply amid steady demand.

Property Type Analysis

While detailed benchmark prices are not available for specific property types, the overall market dynamics indicate a preference for detached homes, townhouses, and apartments. The Kootenay region continues to show varied performance across these categories, with some segments experiencing price increases while others remain stable or see slight declines.

Regional Highlights

In the Kootenay and Boundary region, 318 sales were recorded in July, marking a 2.6% increase compared to July 2025. New listings in this area saw a notable rise of 11.9% year-over-year, totaling 518, although this is a decrease from June's 547. Active listings in the Kootenay region increased by 8.2% compared to last year, reflecting ongoing demand and the region's appeal.

For Buyers

Prospective buyers are encouraged to act decisively given the current market conditions. With a months of inventory at 6.4, buyers may find opportunities to negotiate, but should be prepared for competition due to the steady demand and limited new listings.

For Sellers

Sellers should consider pricing their properties competitively, especially in light of the declining new listings. With active listings down and demand remaining stable, well-priced homes are likely to attract interest quickly, making it an opportune time to enter the market.