Invermere & Area Real Estate Update: May 2026

Invermere & Area Real Estate Update: May 2026 It was a slow start to 2026, but April and May both came in roughly even with last year. Year to date we are at 194 total sales, down about 14% from 2025, and well below the 330 sales we saw in 2022. Inventory is also down, sitting at 499 active listings at the end of May, about 8% below last year. Fewer listings and fewer sales are moving in lockstep. Are prices dropping? Not really. With inventory shrinking, there is no significant downward pressure. Flat and stable is the most likely near-term outcome. That said, overpricing is the biggest mistake a seller can make right now. Days on market are climbing (94 days on average year to date), and an overpriced home will just sit. So far this year the market has been recreational in character. Condos, RV lots, and lakefront properties have all been active. Mid-range and upper-range single family homes, especially in the $700K to $1M range without lake access, have been slower to move. Looking ahead to summer, last June, July, and August were solid months. A similar pace is likely this year, though I don't expect we will fully recover the slower spring numbers. The buyers who are active right now tend to be locals making moves within the valley, first-time buyers, and recreational property purchasers. The full-time relocation buyer has been quieter, but there are signs that may be changing. In a small market like ours, even a handful of out-of-area buyers purchasing single family homes over the next few months will be felt. Questions about buying or selling in the Columbia Valley? Reach out to Team Taft, we know this market and are happy to help!