🏡 Kamloops Real Estate Market Update – May 9 - 23
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: 368
- Properties Sold: 102
- Average Sale Price (all property types): $655,144.61
- Average List Price: $707,260.26
- Average Days on Market: 45 days
🏘️ Breakdown by Property Type
- The average list price for Single Family Homes was $775,250.92, and the average sale price was $802,143.40
- The average list price for Townhouses was $599,566.64, and the average sale price was $552,013.16
- The average list price for Apartments/Condos was $493,242.31, and the average sale price was $343,600
📍 Average Sale Price of a Single Family Detached Home
- Brocklehurst: $697,450
- Barnhartvale/Dallas: $862,833
- Valleyview: $732,000
- Aberdeen: $906,966
- Sahali: $862,500
💬 Thoughts on the market:
This week’s Kamloops real estate market saw a steady flow of activity, with 368 new listings hitting the market and 102 properties sold. The average sale price across all property types came in at approximately $655,145, while the average list price was notably higher at around $707,260. Homes are currently spending an average of 45 days on the market before selling, suggesting a balanced pace between buyer interest and available inventory.
When broken down by property type, Single Family Homes stood out with an average sale price of $802,143—exceeding their average list price of $775,251, indicating strong buyer demand. Townhouses, on the other hand, sold for an average of $552,013, below the average list price of $599,567. Apartments and condos showed the widest gap, with an average list price of $493,242 but an average sale price of just $343,600. Regionally, Single Family Homes in Aberdeen led the pack with an average sale price of $906,966, followed by Sahali and Barnhartvale/Dallas, both averaging in the mid-$860,000 range. Brocklehurst remained the most affordable among the featured neighborhoods, with an average detached home sale price of $697,450.
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!