🏡 Kamloops Real Estate Market Update – June 6 – 20th
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: 322
- Properties Sold: 141
- Average Sale Price (all property types): $680,141.96
- Average List Price: $745,316.71
- Average Days on Market: 44 days
🏘️ Breakdown by Property Type
- The average list price for Single Family Homes was $825,142.38, and the average sale price was $769,124.36
- The average list price for Townhouses was $647,507.65, and the average sale price was $693,916.67
- The average list price for Apartments/Condos was $404,935.00, and the average sale price was $395,735.29
📍 Average Sale Price of a Single Family Detached Home
- Brocklehurst: $678,608.33
- Dallas/Barnhartvale: $859,000
- Valleyview: $1,900,000
- Aberdeen: $945,081.82
- Sahali: $825,450
💬 Thoughts on the market:
The Kamloops real estate market remains active this week, with 322 new listings hitting the market and 141 properties sold, indicating a steady pace of activity. The average sale price across all property types came in at $680,141.96, while the average list price was notably higher at $745,316.71—suggesting continued room for negotiation in most property segments. Homes are taking an average of 44 days to sell, reflecting a balanced market with selective buyers.
Looking at specific property types, single-family homes averaged a list price of $825,142.38 and sold for $769,124.36, showing a modest discount trend. Interestingly, townhouses bucked the norm, selling for more than their average list price at $693,916.67, suggesting strong competition in that segment. Condos and apartments, on the other hand, saw a slight drop from list to sale price, averaging $395,735.29 sold versus $404,935.00 listed.
In terms of neighborhood pricing, Valleyview stood out with a remarkable $1.9 million average sale price for single-family homes—driven by limited inventory and high-end sales. Aberdeen and Sahali followed with strong averages of $945,081.82 and $825,450 respectively, while Brocklehurst remained more affordable at $678,608.33, and Dallas/Barnhartvale landed mid-range at $859,000. These figures offer a clear snapshot of where value—and opportunity—might be found in today's market.
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!