Kootenay Area Real Estate Statistics

Kootenay Region Residential Statistics

If you are interested in purchasing real estate in the Kootenays during this buyers market but you are unsure where to invest during these slower economic times……take a look at the 2008 year end boundary breakdown. For individuals holding onto the dream of home ownership, or first time investment opportunities there are still some affordable housing prices in the smaller communities throughout the Kootenay region.

As per the Kootenay Real Estate Board Statistics for the end of December 2008 the averages on real estate in the Kootenay Boundaries were as followed:
( bear in mind these numbers can be skewed with large or small $ volume individual transactions )

Residential Sales Only

Castlegar $276,021 Elkford $287,140
Cranbrook $320,164 Fernie $513,899
Creston $249,657 Fruitvale $265,884

Golden $309,507 Invermere $416,984
Grand Forks $239,805 Kaslo $291,625
Greenwood $177,875 Kimberley $272,123

Midway $168,642 Nelson $359,711
Montrose $242,600 New Denver $192,750
Nakusp $249,972 Radium $340,000

Rossland $314,874 Slocan $167,250
Salmo $219,154 Sparwood $304,939
Silverton $N/A Trail $202,742

Warfield $183,705