Real estate sales in the Kootenay-Boundary dropped 26 per cent in January compared to the same time last year.
The Association of Interior Realtors says the 123 recorded sales was also a drop from the 153 units sold in December.
There were 317 new listings recorded in January, which was a 9.7 per cent increase compared to the same month the previous year and also up from December’s 174 new listings.
Overall active listings in the region saw a 0.2 per cent increase compared to January 2025 with 1,184 recorded listings.
“Following a prolonged period of strong performance, the Kootenay market has entered the year at a slower pace,” president Kadin Rainville said in a news release.
“January, which is usually flat, came in below average this year, pointing to a shift toward more measured activity rather than the momentum seen in recent years.”
The benchmark price, which realtors say is a better representation of value compared to the average or median price as it represents a dwelling of typical attributes, saw a 2.5 per cent increase in the Kootenays in the single-family housing category compared to the same month the previous year, coming in at $569,700.
Townhomes saw a 0.2 per cent decrease in benchmark pricing, coming in at $492,300. Condos saw a benchmark price decrease of 1.2 per cent in year-over-year comparison, coming in at $334,100.
