Interior BC Real Estate Market Reaches Summer Peak Performance in July 2025
July 2025 marked a strong summer peak for the Interior British Columbia real estate market, with the region posting its highest monthly sales volume of the year and demonstrating robust growth across most market segments.
Outstanding Overall Performance
The Interior association recorded an impressive 1,534 residential sales in July, representing a solid 9.6% increase compared to July 2024. The total dollar volume reached $1.047 billion, up 8.3% year-over-year, marking the first time the region has crossed the billion-dollar threshold in monthly sales volume this year.
Regional Market Leaders
Shuswap/Revelstoke Shows Remarkable Recovery
The Shuswap/Revelstoke region emerged as the standout performer with a remarkable 34.5% increase in sales activity, recording 117 units sold. The region's dollar volume surged 21.4% to $87.3 million, indicating a strong recovery from earlier cooling trends. This represents a significant turnaround for a market that had shown weakness in previous months.
North Okanagan Maintains Strong Growth
The North Okanagan continued its positive trajectory with 171 units sold, an 11.8% increase year-over-year. More impressively, the region's dollar volume jumped 19.8% to $120.2 million, suggesting substantial price appreciation alongside increased activity.
Kootenay Region Sustains Momentum
The Kootenay region posted solid gains with 312 units sold (up 11%) and dollar volume reaching $183 million, a 15.1% increase. This region continues to demonstrate consistent growth throughout 2025.
Central Okanagan Shows Steady Performance
Despite being the largest market by volume, the Central Okanagan showed more modest growth with 440 units sold (up 6%) and dollar volume of $356.7 million (up 1%). While growth was slower, the market maintained stability with strong absolute numbers.
Property Type Performance Analysis
Single-Family Homes Lead the Market
Single-family homes demonstrated exceptional strength:
- 1,560 sales representing an 8.2% increase
- Benchmark price reached $1,045,000 (up 1.9% year-over-year)
- Average days to sell at 55 days
- Strong inventory levels supporting continued activity
Townhouse Market Shows Resilience
The townhouse segment maintained solid performance:
- Benchmark price of $754,500 (up 1.1%)
- 84 sales (up 2.4%)
- Average days to sell at 65 days
- 683 units in available inventory
Condo/Apartment Segment Remains Competitive
The condo/apartment market continued to attract buyers:
- Benchmark price of $511,500 (up 2.2%)
- Sales activity remained steady
- Average days on market at 89 days
- 958 units in available inventory
Notable Local Market Highlights
Central Okanagan Neighborhood Performance
Several Central Okanagan neighborhoods showed particularly strong activity:
- Dilworth Mountain: 8 single-family sales with benchmark prices at $1.13 million
- Glenmore: Strong across all segments with 14 single-family, 5 townhouse, and 8 apartment sales
- Lower Mission: Consistent performance with 10 single-family and 17 apartment sales
- North Glenmore: Exceptional activity with 14 single-family sales, up 180% year-over-year
North Okanagan Market Dynamics
- Armstrong: 7 single-family sales with benchmark prices at $753,000
- Bella Vista: Strong growth with 7 single-family sales, up 133% year-over-year
- Okanagan Landing: Robust activity across all property types
- East Hill: 11 single-family sales maintaining steady market presence
Shuswap/Revelstoke Recovery
- Blind Bay: Exceptional performance with 12 single-family sales, up 100% year-over-year
- NE Salmon Arm: Strong townhouse activity with 6 sales, up 500%
- Revelstoke: Balanced activity across property types
- SE Salmon Arm: 10 single-family sales showing market stability
Market Health Indicators
Active listings increased moderately by 2.3% to 10,443 units, providing adequate inventory without overwhelming the market. New listings remained relatively stable with a modest 0.8% increase to 2,920 units, suggesting balanced supply and demand dynamics.
The days on market figures indicate healthy market velocity:
- Single-family homes: 55 days (excellent)
- Townhouses: 65 days (very good)
- Condos/apartments: 89 days (reasonable)
Looking Forward
July's performance represents the strongest month of 2025 for the Interior BC market, with the billion-dollar monthly volume milestone highlighting the region's economic vitality. The broad-based growth across most regions suggests underlying market strength rather than isolated hot spots.
The recovery in the Shuswap/Revelstoke area, combined with continued strength in the Kootenay and North Okanagan regions, indicates a maturing market with diverse opportunities for both buyers and sellers.
As we move toward the traditionally slower late summer and early fall period, the market appears well-positioned with healthy inventory levels, reasonable selling times, and steady price appreciation. The diversity of strong-performing neighborhoods across all regions suggests buyers have numerous options while sellers continue to benefit from solid demand.
For market participants, July's results reinforce the Interior BC market's resilience and growth potential, setting a positive foundation for the remainder of 2025.