🏡 Kamloops Real Estate Market Update: Apr 11-25th
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.
📈 Market Overview
- New Listings: 287
- Properties Sold: 116
- Average Sale Price (all property types): $702,072.47
- Average List Price: $723,455.36
- Average Days on Market: 60 days
🏘️ Breakdown by Property Type
- The average list price for Single Family Homes was $740,011.52, and the average sale price was $723,601.90
- The average list price for Townhouses was $632,900.00, and the average sale price was $620,649.09
- The average list price for Apartments/Condos was $375,762.19, and the average sale price was $368,306.25
📍 Average Sale Price of a Single Family Detached Home
- Brocklehurst: $663,777.67
- Barnhartvale & Dallas: $791,666.67
- Valleyview: $779,133.33
- Aberdeen: $1,045,000
- Sahali: $862,500.00
💬 Thoughts on the market:
The Kamloops real estate market saw a total of 287 new listings and 116 properties sold over the past period. The average sale price across all property types came in at approximately $702,072, slightly below the average list price of $723,455. Homes spent an average of 60 days on the market, suggesting a moderately paced market with room for negotiation between buyers and sellers.
When broken down by property type, single family homes had an average list price of $740,011 and sold for an average of $723,602. Townhouses followed with an average sale price of $620,649, just under the average list price of $632,900. Apartments and condos were the most affordable option, with an average sale price of $368,306. By neighborhood, detached single family home prices varied significantly, from $663,778 in Brocklehurst to $1,045,000 in Aberdeen, highlighting the broad range of price points depending on location within the city.
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!