04/04/2026
People always ask me how the housing market is doing. Are things picking up? Did that yellow house on Stanley sell? What’s going to happen with interest rates?
I’ve pulled all the previous quarters sales data from Nelson and the surrounding area to see how 2026 has started. Winter was barely here, the spring market felt like it should have started by now, and global economic uncertainty has everyone second-guessing everything. Let’s see if our emotions match the numbers.
Here’s what the data actually shows 👇
📊 28 homes sold in Q1 — this is a lot higher than Q1 2024 which had only collect 14 sales by now and Q1 2025 was the outlier at 35. We’re right in line with 2023. Normal market (slide 1)
💰 The Median price is NOT $538K — that headline number is somewhat misleading. 8 of 28 sales so far were manufactured homes. Strip those out and Nelson’s median sits at $739K. Down only 3% from last year. A healthy sideways move (slide 2)
⏱️ Homes are selling in 81 days on average — actually faster than last year’s 105 days. Why? Because correctly priced homes are selling. Overpriced ones are expiring quietly.
📦 9 months of inventory right now. Think of it like a store shelf — at the current pace it would take 9-months to sell everything listed. Anything over 6 months is typically considered a buyer’s market. We’re there (slide 3)
🎯 Not all price bands are equal:
— Under $600K → moving fast
— $600K–$800K → buyers have some leverage
— Over $1M → 22 listings, 2 sold. Very patient market. And in my opinion a bit of greed still lingering from a crazy 2020-2021 market
🤝 The Sale-to-Ask ratio: 93.5% — meaning buyers are negotiating an average of ~$30K off asking price. Most room in 5 years.
The full breakdown with interactive charts is at the link on my blog. Swipe through the slides for the visual summary 👆
Questions about what this means for your situation? DM me or call (250) 551-2828. Always happy to talk markets!
Jericho Judson | Royal LePage Rosling Realty
