3 Key Points:
1) Sales are slow but steady. A slight 14% dip vs. last month, however sales are up 50% vs. last year.
2) Inventory is low. Compared to last month and last year, inventory is down 12%.
3) With a total of 55 active listings in the area and an average price of $795,018, there is a good mix of homes to choose from.
Cultus Lake home prices haven’t wavered dramatically in the last year, however, given the small price improvements that have occurred now is a great time for buyers to take advantage of it!
Stats based on residential detached homes, excluding modular detached homes in Cultus Lake, BC.