🏡 Kamloops Real Estate Market Update – June 20 – July 4
Here’s a quick look at how the Kamloops real estate market performed the past 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 (all property types): 292
- Properties Sold: 145
- Average Sale Price: $658,930.33
- Average List Price: $671,555.57
- Average Days on Market: 60 days
🏘️ Breakdown by Property Type
- The average list price for Single Family Homes was $804,472.97, and the average sale price was $774,524.32
- The average list price for Townhouses was $589,235.87, and the average sale price was $571,947.62
- The average list price for Apartments was $408,105.56, and the average sale price was $390,421.88
📍 Average Sale Price of a Single Family Detached Home
- Brocklehurst: $731,700
- Dallas/Barnhartvale: $786,200
- Valleyview: $889,965
- Aberdeen: $727,266.67
- Sahali: $742,500
💬 Thoughts on the market:
This past week, the Kamloops market remained active with 292 new listings coming online and 145 properties successfully sold. The average sale price across all property types landed at $658,930, slightly below the average list price of $671,555, suggesting that buyers continue to have some negotiating power. Properties are spending about 60 days on the market on average, indicating a balanced pace.
Breaking it down by property type, single-family homes saw an average sale price of $774,524, coming in just under their average list price of $804,473. Townhouses averaged $571,948, while apartments sold for an average of $390,422.
Looking at single-family detached homes by neighborhood, Brocklehurst averaged $731,700, Dallas/Barnhartvale came in at $786,200, Valleyview led the pack at $889,965, while Aberdeen and Sahali averaged $727,267 and $742,500 respectively. Overall, these figures highlight steady demand in family-oriented neighborhoods, with slight price adjustments reflecting today’s more selective buyer mindset.
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!