According to Kootenay Real Estate Board’s July 2017 stats the average residential sale price in Nelson is $404,059.  That is up approximately 6.8% over last year.  The average number of days that a home is on the market before it sells is down from 76 days for the same time in 2016 to 41 days.  In Nelson Rural the average price is up to $378,965 but the average DOM is also up from 97 to 130 days.  In Nelson there is less than 4 months of inventory.

If you are thinking about buying or selling, you need to get the whole picture.  Call 250-354-8500.