🏡 Kamloops Real Estate Market Update – May 23 – June 6
Here’s a quick look at how the Kamloops real estate market performed this week. Whether you're buying, selling, or just watching the market, these stats give you a snapshot of what’s happening across the city.
📈 Weekly Market Overview
- New Listings: 345
- Properties Sold: 117
- Average Sale Price (all property types): $548,347.84
- Average List Price: $773,133.48
- Average Days on Market: 56 days
🏘️ Breakdown by Property Type
From May 23 – June 6:
- The average list price for Single Family Homes was $842,875.55 and the average sale price was $702,684.62
- The average list price for Townhouses was $587,413.76, and the average sale price was $576,081.82
- The average list price for Apartments/Condos was $505,659.46, and the average sale price was $394,109.09
📍 Average Sale Price of a Single Family Detached Home
- Brocklehurst: $748,485.71
- Dallas/Barnhartvale: $631,000
- Valleyview: $735,000
- Aberdeen: $862,300
- Sahali: $719,625
💬 Thoughts on the market:
The Kamloops real estate market from May 23 to June 6 continued to show signs of steady activity, with 345 new listings and 117 properties sold. The average sale price across all property types came in at $548,347.84, significantly lower than the average list price of $773,133.48—highlighting ongoing negotiations and price flexibility. Properties are spending an average of 56 days on the market, indicating a moderately paced selling environment.
A closer look at property types reveals a broad range in pricing. Single Family Homes were listed at an average of $842,875.55, with final sale prices averaging $702,684.62. Townhouses had a smaller gap, selling for $576,081.82 against an average list price of $587,413.76. Apartments and condos saw the most significant difference, with an average list price of $505,659.46 but selling for just $394,109.09. Among neighbourhoods, Aberdeen topped the chart for Single Family Home prices at $862,300, while Dallas/Barnhartvale offered more budget-friendly options averaging $631,000. Valleyview, Sahali, and Brocklehurst fell in between, with sale prices ranging from the low $700,000s to mid $700,000s.
Stay tuned for next week’s 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!