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Archive for the ‘Kamloops Real Estate Statistics’ Category

Monthly Kamloops Real Estate Stats for May 2017

Wednesday, June 14th, 2017

Median Residential House Price $437,900 up 2% from April 2017

Residential units May 2017 sold up 14% from April 2017

Average Days on the Market May 2017 33 days down 29% from April 2017

Most active areas in Kamloops were Aberdeen, Sahali and Brocklehurst

Most active price range

$320,000 – $359,900  46 sales

$360,000 – $399,900  34 sales

$400,000 – $439,900  35 sales

$600,000 plus             43 sales

Kamloops Real Estate Sales February 2017

Wednesday, March 1st, 2017

February 2017 Activity

Kamloops only Median Residential Price: (does not include condominiums or mobiles) $397,500

Most active price range

$320,000 – 359,999   29 sales

$360,000 – 399,999   22 sales

$400,000 – 439,999   17 sales

Most active area

Aberdeen  21 sales

South Kamloops 18 sales

Sahali  17 sales

Brock 16 sales

New Construction of multi family units

Friday, February 17th, 2017

Kamloops is continuing to counter province wide trends for real estate, at least for now.

Home sales in B.C., driven by the sagging Lower Mainland market, fell by 23 per cent from the same time last year. The Kamloops region, however, saw an increase in sales of five per cent compared to January last year.

Cameron Muir, chief economist for B.C. Real Estate Association, said some markets are going against the grain. 

“Housing demand across the province returned to long-term average levels last month,” he said in a statement.

“However, regional variations persist, with Victoria posting above average performance and Vancouver falling below the average.”

At the same time, the average price on the multiple listing service (MLS) declined by 17.5 per cent. Kamloops and District Real Estate Association estimated the average sale price for a residential detached home within the city in January was $410,000, a number that is stable. Numbers do vary from month to month due to price range of homes sold but has stayed over $400,000 since last year .


Kamloops Real Estate Statistics for August 2016

Sunday, September 11th, 2016

Comparing August 2016 to August 2015


Comparative Statistics for Kamloops (Residential Only)






Number of New Listings 429 392  

UP 9.44%


Residential Units Sold 362 264 UP 37.12%
Avg. Days on Market 53 60 DOWN 11.6%
List to Sell Price Ratio 98.18% 97.22%  

UP 0.99%



Residential Price

$419,00 $378,000  


UP 10.85%



Total Monthly Sales $$ $127,636,731 $83,952,683 UP 52.03%
Active Listings 1708 2042 DOWN 16.3%




*The above information is from sources deemed reliable but it should not be relied upon without independent verification.

Kamloops Real Estate Market Strong, House median price up

Monday, June 6th, 2016

The city’s real-estate market shows no signs of slowing, with recent numbers indicating residential sales jumped by a third compared to the same month last year.

Statistics from the Kamloops & District Real Estate Association show sales in May were up 36 per cent over last year.

This comes at the same time as supply continues to shrink. The number of listings compared to 2015 is down 15 per cent.

Cyndi Crossley, vice-president of the real-estate board, said the market is being driven by out-of-town buyers.

“In Kamloops, we are seeing buyers coming from the Lower Mainland, and understandably so, due to the sale prices and our affordable housing,” she said.

The B.C. Real Estate Association cites positive employment growth for the trends.

“They say we could see the stats continue as they are for approximately the next eight to 12 months,” Crossley said.

The median price for a single-family home in Kamloops is $405,000. That is influenced in part by 20 homes selling for more than $600,000 in May.

B.C. and Kamloops real estate has limited inventory and lots of demand

Friday, June 3rd, 2016

New data this week confirms that residential real estate continues to boom in British Columbia.

The BC Real Estate Association’s second quarter housing forecast calls for a record 115,200 units to be sold in 2016 through the MLS, that’s up 12.3 per cent year-over-year to break the previous record set in 2005 (105,600).

Prices are set to surge again, up 20.4 per cent to an average MLS price of $766,600. The outlook for 2017 is for a more modest 3.4 per cent increase.

“Record housing demand has depleted inventories in many urban areas, and the resulting imbalance between supply and demand has pushed home prices considerably higher,” commented Cameron Muir, BCREA Chief Economist.

Inventory will be helped by increased construction with BCREA predicting a 20 per cent rise in new housing starts this year.


Monday, May 16th, 2016

April was another record-breaking month for home sales in British Columbia. There were 12,969 sales through the MLS of BCREA last month, beating March’s 12,560; and up 30.3 per cent from April 2015.

“Housing demand is exceptionally strong across the southern regions of the province,” said Cameron Muir, BCREA Chief Economist. “Consumers appear to be particularly active in the Vancouver Island, the Fraser Valley and the Thompson/Okanagan regions.”

The average MLS price was up 17.2 per cent year-over-year to $743,640 and the total value of all home sales surged 52.7 per cent to $9.64 billion.

March 2016 Real Estate Statistics Solds up 29% over February

Wednesday, April 6th, 2016

Comparing March 2016 to February 2016


Comparative Statistics for Kamloops (Residential Only)




February 2016
Number of New Listings 520 422 23.22% UP
Residential Units Sold 256 197 29.95% UP
Avg. Days on Market 70 84 16.67% DOWN
List to Sell Price Ratio 97.54% 97.43% 0.11% UP
Median Residential Price $368,000 $378,000 2.65% DOWN
Total Monthly Sales $$ $86,693,738 $65,085,608 33.20% UP
Active Listings 1675 1560 7.40% UP




*The above information is from sources deemed reliable but it should not be relied upon without independent verification.

The most expensive City is Vancouver

Tuesday, January 26th, 2016

Home Costs 2015we are only 3 hours away but so much more affordable, Kamloops a great place to call home.

Comparative Statistics for Kamloops December 2014 to November 2014

Wednesday, January 14th, 2015
     December                    2014     November              2014
Number of New Listings          195          267 26.97% DOWN
Residential Units Sold          123          146 15.75% DOWN
Avg. Days on Market           76           77 1.30% DOWN
List to Sell Price Ratio        96.50%        97.79% 1.32% DOWN
Median Residential Price     $344,000    $355,000 3.10% DOWN
Total Monthly Sales $$    $39,265,843    $42,443,621 7.49% DOWN
Active Listings      1569      1789 12.30% DOWN


The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Kamloops Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.