South Peace River Real Estate Market Activity Climbs Above Long-Term Average
Residential real estate activity across the Interior remained stable in June, with market conditions continuing to normalize as the seasonal transition into summer brought the expected slowdown in new listings, reports the Association of Interior REALTORS® (the Association).
The Association region recorded 1,547 residential sales in June, up from 1,456 in May and up 3.8% compared to the same time last year.
New residential listings saw a 9.5% decrease compared to June 2025 with 2,963 new listings recorded last month, and down from the previous month’s 3,102 new listings. The total number of active listings saw a 7.0% decrease in inventory compared to the same time last year with 9,803 recorded across the Association region yet up compared to May’s 9,486 total inventory.
“After a very slow start to the year, we’ve seen market activity steadily return to more typical levels over the past few months, which is an encouraging sign as we move into the busy summer season,” says Association of Interior REALTORS® President Ryan Mayne, adding that “although new listings have eased between June and July, the decline is consistent with typical seasonal trends.”
In the South Peace River region, there was a total of 44 residential unit sales recorded last month marking a 13.7% decrease compared to June 2025 and just up from April’s 34 units sold. New listings saw a 12.2% increase in year-over-year comparison with 83 new listings recorded last month. The total number of active listings saw an increase of 4.7% compared to June 2025 with a total of 225 listings recorded.
“For the first time this year, the South Peace River region recorded residential real estate activity above the 10-year average, marking a strong month for the local market and an encouraging sign of continued momentum,” notes Mayne.
The average price for single-family homes in the South Peace River region saw an increase of 0.4% compared to the same month the previous year, coming in at $323,514, while the average price for mobile homes saw a 53.4% decrease compared to June 2025, coming in at $167,500.
BOARD & ASSOCIATION INFORMATION
The Association of Interior REALTORS® is a member-based professional organization serving approximately 2,500 REALTORS® who live and work in communities across the interior of British Columbia including the Okanagan Valley, Kamloops and Kootenay regions, as well as the South Peace River region.
The Association of Interior REALTORS® was formed on January 1, 2021 through the amalgamation of the Okanagan Mainline Real Estate Board and the South Okanagan Real Estate Board. The Association has since also amalgamated with the Kamloops & District Real Estate Association and the Kootenay Association of REALTORS®
For more information, please contact:
media@interiorrealtors.com for association statistical information.
or
BCREA Chief Economist, Brendon Ogmundson,
bogmundson@bcrea.bc.ca for province-wide statistical information.
About HPI The MLS® Home Price Index (HPI) is the most advanced and accurate tool to gauge home price levels and trends by using benchmark pricing rather than median or average. It consists of software tools configured to provide time-related indices on residential markets of participating real estate boards in Canada.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA (REALTOR®/ REALTORS®).
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The Association of Interior REALTORS®
For more information,
please contact:
Mohamed Ladak
Chief Executive Officer
250 491 4560
ceo@interiorrealtors.com
Ryan Mayne
