Here is your July 2025 Market Update!
The Kamloops real estate market in July 2025 remained active, continuing the upward momentum seen earlier this summer. A steady rise in both unit sales and overall dollar volume suggests growing buyer confidence, even as we head into the tail end of this busy season.
While some property types saw price adjustments, overall activity was strong across most segments, with a notable boost in new listings giving buyers more options.
📊 Market Highlights
- 259 homes sold, marking a 9.3% increase from July 2024
- Total Dollar Volume reached $162.9 million, up 12.2% year-over-year
- Active Listings rose 5.8% to 1,506 properties
- New Listings surged by 13.8%, with 511 new homes entering the market
This jump in listings suggests that more sellers are taking advantage of seasonal demand, while buyers continue to act, even amid shifting interest rate expectations.
🏘️ Property Type Breakdown
Single-Family Homes
- Sales: 142 homes sold (up 13.6%)
- Benchmark Price: $673,200 (up 2.2%)
- Days to Sell: 54 days (up 8.8%)
- Inventory: 681 listings
Townhomes
- Sales: 28 homes sold (down 20%)
- Benchmark Price: $532,900 (up 1.3%)
- Days to Sell: 63 days (up 23.5%)
- Inventory: 165 listings (up 17.9%)
Apartments
- Sales: 34 homes sold (up 47.8%)
- Benchmark Price: $363,100 (down 6%)
- Days to Sell: 40 days (down 23.7%)
- Inventory: 207 listings (up 33.5%)
📍 Neighbourhood Trends
- Juniper Ridge remains a price leader, with a benchmark of $963,200 for single-family homes (up 1.3%)
- Aberdeen saw continued strength, with a single-family benchmark of $882,500 (up 2.7%) and strong condo activity
- Westsyde had a significant uptick in detached sales (up 450%) with benchmark prices reaching $755,200
- Sun Rivers posted gains across all property types, including a benchmark of $936,300 for single-family homes (up 4.2%)
- Sahali condos surged in activity (up 11.1%), though prices adjusted to $435,300 (down 5.7%)
- Sun Peaks continues to hold value with townhouse benchmarks up to $896,200 (up 4.7%) despite less sales
- South Kamloops saw slower activity for detached homes (down 55.6%), but strong apartment sales (up 16.7%)
ACTIVE LISTINGS
Key Takeaways
July's numbers reflect an energized summer market in Kamloops. While townhome sales cooled slightly, demand for apartments surged, perhaps reflecting a shift among price-conscious buyers or first-time homeowners.
For sellers, the rising benchmark prices and strong buyer activity offer a solid window to list. For buyers, increasing inventory and longer days on market could open up more negotiating room—especially in the townhome segment.
If you’re a homeowner considering selling, understanding how your property fits into this shifting landscape is key.
If you'd like a personalized market evaluation or want to discuss your real estate goals in this evolving market, don't hesitate to reach out. Contact Parker to get started today!
Stay tuned for next month’s market update!