Oakwyn Realty Ltd.

Hope Real Estate Market Report

Executive Summary

Eyal PevznerEyal PevznerLocal expert · Hope

The Hope, British Columbia real estate market is currently classified as a balanced market. The median asking price is $670K, up 3.1% over the past 30 days.

There are currently 141 active listings, representing 11.8 months of inventory. 28 properties have sold in the past 90 days at a median sold price of $661K. Inventory has increased 14.6% compared to last month.

Currently, listings spend an average of 111 days on market and the average price per square foot is $345.

Detached properties make up the largest share of the Hope market at 100% of active listings with an average price of $812K.

Sales Activity & Absorption

Volume

12
Sold (30d)
28
Sold (90d)
111
Avg DOM
21
New (30d)

Market Signals

3
Price Cuts (30d)
4
New (7d)
92%
Sell-Through
92.9%
List-to-Sale

12 properties sold in the past 30 days, 21 new listings appeared in the past month, 3 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
11.8months
Strong Buyer's Market
Sell-Through Rate92.3%
Inventory Change (30d)+14.6%
Site Active Listings141

With 11.8 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
Hope111$779K
Sunshine Valley11$457K
Kawkawa Lake10$864K
Yale – Dogwood Valley5$768K
Avg 2 schools nearbyAvg 3 parks nearbyAvg 2 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 $670K, 20% down, 25yr amortization
$3,117/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 Hope market currently has 141 active listings with a median price of $670K and 11.8 months of inventory.

  • High inventory (11.8 months) favors buyers
  • Prices rising (3.1% in 30 days)
  • Low price reduction rate (2% of listings)
  • High sell-through rate (92%)
  • Slow-moving market (111 avg days on market)
  • Average price per square foot is $345
  • Sold properties averaged -1 days on market

For Buyers

The Hope 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 4 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. 3 listings have reduced their price in the past 30 days. The current sell-through rate is 92%.

Data sourced from BCRES active and sold listings. Metrics computed from listing data updated daily. Prepared by Eyal Pevzner with AI assistance, reviewed by our team.

Search Hope

Browse all 141 active listings.

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Resources

Explore Hope

Homes for Sale in Hope141 active listingsCost of Living in HopeHousing, rent & expensesSold Data in HopeRecent sales & prices

Market data is calculated from active and recently sold MLS® listings as of August 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.