Harrison Hot Springs Real Estate Market Report

Executive Summary

DB
Dan Braun

The Harrison Hot Springs, British Columbia real estate market is currently classified as a balanced market. The median asking price is $797K.

There are currently 87 active listings, representing 9.7 months of inventory. 15 properties have sold in the past 90 days at a median sold price of $625K.

Currently, listings spend an average of 4 days on market and the average price per square foot is $664.

Detached properties make up the largest share of the Harrison Hot Springs market at 75% of active listings with an average price of $1.5M. Condo listings follow at 25% (avg $649K).

Sales Activity & Absorption

Volume

9
Sold (30d)
15
Sold (90d)
4
Avg DOM
87
New (30d)

Market Signals

22
Price Cuts (30d)
80
New (7d)
100%
Sell-Through
91.1%
List-to-Sale

9 properties sold in the past 30 days, 87 new listings appeared in the past month, 22 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
9.7months
Strong Buyer's Market
Sell-Through Rate100.0%
Site Active Listings87

With 9.7 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
Aqua Shores Harrison23$806K
Cascade Bay5$534K
Avg 1 schools nearbyAvg 7 parks nearbyAvg 5 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $797K, 20% down, 25yr amortization
$3,709/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Harrison Hot Springs market currently has 87 active listings with a median price of $797K and 9.7 months of inventory.

  • High inventory (9.7 months) favors buyers
  • High price reduction rate (25% of listings)
  • High sell-through rate (100%)
  • Fast-moving market (4 avg days on market)
  • Average price per square foot is $664
  • Sold properties averaged -30 days on market

For Buyers

The Harrison Hot Springs market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 80 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes. 22 listings have reduced their price in the past 30 days. The current sell-through rate is 100%.

Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of May 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.