🏡 Kamloops Real Estate Market Update – Aug 29th – Sept 12th
Here’s a quick look at how the Kamloops real estate market performed the last 2 weeks. Whether you're buying, selling, or just watching the market, these stats give you a snapshot of what’s happening across the city.
📈 Bi-Weekly Market Overview
- New Listings: 251
- Properties Sold: 107
- Average Sale Price (all property types): $590,775.86
- Average List Price: $694,030.19
- Average Days on Market (for homes sold from Aug 29-Sept 12): 73 days
🏘️ Breakdown by Property Type
- The average list price for Single Family Homes was $790,338.70, and the average sale price was $675,616
- The average list price for Townhouses was $625,638.69, and the average sale price was $547,087.50
- The average list price for Apartments was $401,503.70, and the average sale price was $340,572.73
📍 Average Sale Price of a Single Family Detached Home
- Brocklehurst: $684,166.67
- Dallas/Barnhartvale: $784,250
- Valleyview: no data
- Aberdeen: $861,500
- Sahali: $758,750
Thoughts on the market:
The Kamloops real estate market between August 29 and September 12 reflected a mix of steady activity and pricing adjustments. A total of 251 new listings came to market, while 107 properties successfully sold. The average sale price across all property types settled at $590,775, notably lower than the average list price of $694,030. Homes that did sell during this period took an average of 73 days on market, showing that while buyers are active, pricing sensitivity remains high.
Breaking down by property type, single-family homes carried the highest price tags, with an average list price of $790,338 compared to an average sale price of $675,616. Townhouses followed a similar trend, averaging $625,639 on list and closing at $547,087. Apartments were the most affordable category, with sale prices averaging $340,572 against list prices of $401,503. Detached home values varied significantly by neighborhood: Brocklehurst averaged $684,167, Dallas/Barnhartvale came in at $784,250, Aberdeen led the pack at $861,500, and Sahali followed closely at $758,750. Valleyview had no sales recorded in this period, leaving a gap in pricing data. Overall, the market continues to reward well-priced homes while showing a clear gap between seller expectations and buyer willingness.
Stay tuned for the next market update, and feel free to reach out if you have questions about buying or selling in Kamloops!
Contact Parker for more information, or to get started in the home buying process!