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Greg Gritchin with FAIR Realty Kootenays is your Southeastern BC West Kootenay REALTOR® based in Nelson & Castlegar and is a member of the Kootenay Real Estate Board in Nelson, BC since 2004.
I have plenty of knowledge of the area being born and raised here and I enjoy my business working with Buyers and Sellers from all areas of the world. I can get you moving in the Koots! I can represent you as Buyer's Agent in a transaction on any property for sale. With my many years of local Real Estate experience, I am well diversed for the areas listed below. Looking forward to working with you...
Thinking of Selling this year 2022? Give me a call to discuss the Local Market Conditions and for your Free Market Evaluation.
Kootenay Residential Real Estate Market Remains Above Average NELSON, B.C. – July 6th, 2022. Residential real estate sales for the month of June in the region slowing after the recent mortgage rate interest hikes by the Bank of Canada, reports the Association of Interior REALTORS® (the Association). A total of 1,466 residential unit sales were recorded across the Association region, marking a 30.3% decrease compared to the unusual number of units sold in June 2021. “It’s not unusual that mortgage rates are impacting market activity, specifically in the higher-priced markets,” says the Association of Interior REALTORS® President Lyndi Cruickshank, adding “this is what typically happens when interest rates move upward. It makes buying a home more costly, making what a purchaser can afford more limited. We are seeing this effect, particularly in what is typically a higherpriced home type. However, this shift is creating a welcome opportunity for buyers to slow down in their decision making, which is a welcome relief for many.” New residential listings saw a promising 14.2% uptick within the region with 3,265 new listings recorded compared to the same period last year, with a 3.1% increase over last month’s 3,166. The overall active listings also saw a healthy upswing with 7,154 listings currently on market, an increase of 45.1% in yearover-year comparisons. In the Kootenay region, unit sales came in 18.9% lower compared to June 2021 with 304 units sold in June 2022. Average prices saw double-digit percentage increases across all home categories compared to the same month last year, with the greatest increase occurring within the condominium category with a 44.8% increase.
Contact me to find out more about the real estate market and how they can help you achieve your real estate goals.
Helping you with all MLS listings and even private sales as Buyer's Agent. Serving all of your MLS West Kootenay Real Estate needs, I am your source for Real Estate in: Castlegar, Nelson, Kaslo, Kootenay Lake, Slocan Valley, Trail, Rossland, Salmo, Nakusp and the surrounding Rural areas of West Kootenays of British Columbia. Your professional West Kootenay REALTOR® also offers Free Market Evaluations, Seller's and Buyer's Bonus Program and a Referral Reward System. Your Local Property Expert!
Purchasing a new home? Use my experience and knowledge to find the home of your dreams with all MLS listings and helping with PRIVATE sales.
Thinking of selling? Leverage my experience and marketing tools to turn 'SELLING' into ‘SOLD’.
Have questions? I am here to help find answers and provide insights into the local area.
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Moving You in the Koots!