| Sun Peaks Real Estate Trends & Insights |
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| Summer has officially begun in Sun Peaks! As of June 14th, the lifts have started turning for hiking and biking, opening up a whole new season of alpine adventure. From wildflower‑filled trails to thrilling downhill runs, the mountains are buzzing with energy—and it’s only just getting started. On the real estate front, this seasonal shift is sparking renewed interest in mountain properties. With demand heating up alongside the weather, it’s a prime time to explore investment opportunities or find your perfect summer retreat in the Peaks. Supply Continues to Rise Total active listings in Sun Peaks reached 103 properties in May, marking a 32.05% increase compared to the same month last year. With an average of six sales per month over the past year, this results in a Months Supply of Inventory (MSI) of 16.7, indicating a market still favoring buyers, though conditions may shift if sales continue to climb. Homes Selling Faster Properties in Sun Peaks sold more quickly in May 2025 compared to the same time last year. The average time on market dropped to 69 days, which is about 19 days faster than in May 2024, when it took homes an average of 88 days to sell. This shorter selling time suggests stronger interest from buyers and a more active market overall. Sales Performance Strengthens In May 2025, 14 new listings came to market, which is slightly fewer than the 16 listings added in May 2024. However, 8 homes sold this May—33% more than the 6 sales recorded a year earlier. This means that more than half (57.1%) of the homes listed were sold, a big improvement from last year’s 37.5%. This increase in the sales-to-listings ratio suggests stronger buyer demand. If this trend continues, the growing inventory could begin to tighten in the coming months. Property Pricing Overview (Average Listing Price): Detached Homes: $2,158,200 Townhomes: $1,247,012 1/2 Duplex: $1,229,900 Condos: $775,404 Condo-Hotels: $210,788 Vacant Lots: $605,941 |
**Reports produced and compiled by RE STATS INC. Information is deemed reliable but not guaranteed. Does not reflect all market activity.
| Market Trends: B.C.’s Housing Market & Economic Outlook |
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| Canadian Sales Show Signs of Life Canadian home sales experienced their first increase in 2025, sparking optimism that buyer confidence might be returning after several months of sluggish activity. This uptick suggests that market conditions could be slowly stabilizing across the country (CREA). B.C. Market Recovery on Hold Despite some positive national trends, B.C.’s housing market recovery remains uncertain. Economic challenges, including inflation pressures and the ongoing trade tensions between Canada and the U.S., are putting a hold on significant market growth in the province (Real Estate Magazine). Luxury Real Estate Holds Steady The luxury housing sector in Canada continues to defy the broader market slowdown. High-end properties remain in demand, supported by strong buyer interest and stable pricing, even through the traditionally quieter spring months (BIV). Builders Push Ahead Amid Buyer Caution Locally in B.C., buyers are holding back, taking a wait-and-see approach, while builders are actively increasing supply by pushing ahead with new developments. This has created a delicate balance between supply and demand, keeping the market in a state of uncertainty and careful observation (BIV). |
| RE/MAX Office News |
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| Celebrating 30 Sweet Years We’re proud to be celebrating 30 incredible years as the first real estate brokerage in Sun Peaks! From the early days of the resort to the vibrant, year-round community it is today, we’ve been honoured to help shape the local real estate landscape every step of the way. To celebrate this milestone, we’ll be hosting a fun Ice Cream Social this August—a chance to say thank you to our amazing clients and community. Stay tuned for more details… we can’t wait to celebrate with you! |