BC Home Sales Continue to Smash Record Book, BCREA

Vancouver, BC – May 13, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,969 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April, up 30.3 per cent from the same month last year. Home sales last month beat March’s record of 12,560 units. Total sales dollar volume was $9.64 billion in April, up 52.7 per cent compared to the previous year. The average MLS® residential price in the province was up 17.2 per cent year-over-year, to $743,640.

MLS Residential Sales May 2016“Housing demand is exceptionally strong across the southern regions of the province,” said Cameron Muir, BCREA Chief Economist. “Consumers appear to be particularly active in the Vancouver Island, the Fraser Valley and the Thompson/Okanagan regions.“

“Strong employment growth is helping underpin consumer confidence,” added Muir. The BC economy employed more than 78,000 additional workers during the first four months of the year, an increase of 3.5 per cent compared to the same period last year.

The year-to-date, BC residential sales dollar volume increased 64.3 per cent to $31.2 billion, when compared with the same period in 2015. Residential unit sales climbed by 36.2 per cent to 28,028 units, while the average MLS® residential price was up 20.6 per cent to $761,860.

BC Home Sales Post All Time Record, BCREA Update for April 2016

Vancouver, BC – April 15, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,560 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March, up 38 per cent from March of last year. Home sales last month eclipsed the previous record of 11,683 unit sales in May of 2007. Total sales dollar volume was $9.69 billion in March, up 66.9 per cent compared to the previous year. The average MLS® residential price in the province was up 20.2 per cent year-over-year, to $771,620.

MLS Residential Sales April 2016“Housing demand has never been stronger in the province,” said Cameron Muir, BCREA Chief Economist. “Most large population centres of the province are now experiencing record levels of housing demand.“

“Strong employment growth, rising wages and a marked increase in net inter-provincial migration is fueling consumer confidence,” added Muir.

Supply imbalances are becoming increasingly common as new residential listings are not keeping pace with consumer demand. As a result, the inventory of homes for sale is at decade-long lows in many regions.

The year-to-date, BC residential sales dollar volume increased 70.1 per cent to $21.59 billion, when compared with the same period in 2015. Residential unit sales climbed by 39.2 per cent to 28,028 units, while the average MLS® residential price was up 22.2 per cent to $770,408.


BCREA Housing Market Update (April 2016)

Interesting Facts of The Day, Kamloops Market Statistics and Information for April 10, 2016

Here are some new stats that I found today. The Kamloops market is still bustling.

16.67% of Single Family type listings put on the market in the Heffley area, within the last 4 months have actually sold.


highest sale kamloopsThe highest list to sell ratio of Townhouse type listings in the Sahali area, within the last 4 months is 0.997.

 


Sold Homes Kamloops Real Estate statisticsThe average sale price of Single Family type listings in the Batchelor Heights area, within the last 6 months is $450,850.00.

 


Square footage Kamloops Real EstateIn the Brocklehurst area, the highest price per square foot of new Single Family type listings within the last 10 months is $364.13.

 


Sold Homes Kamloops Real Estate statisticsThe average sale price of Single Family type listings in the Brocklehurst area, within the last 2 months is $362,000.00.

 


highest sale kamloopsThe highest list to sell ratio of Single Family type listings in the South Kamloops area, within the last 2 months is 1.009.

 


highest sale kamloopsThe highest list to sell ratio of Single Family type listings in the Sun Rivers area, within the last 8 months is 1.040.

 


highest sale kamloopsThe highest list to sell ratio of Single Family type listings in the Sahali area, within the last 8 months is 1.061.

 


Sold Homes Kamloops Real Estate statistics50.00% of Townhouse type listings put on the market in the South Kamloops area, within the last 11 months have actually sold.

 


Average Sale Price KamloopsThe average list to sell ratio of Townhouse type listings in the Batchelor Heights area, within the last 4 months is 0.975.


Square footage Kamloops Real EstateIn the Sun Rivers area, the average home price per square foot of new Townhouse type listings within the last 10 months is $231.25.

 


Average Sale Price KamloopsThe average list to sell ratio of Lots/acreage type listings in the Westsyde area, within the last year is 0.992.

 


Square footage Kamloops Real EstateIn the Juniper Heights area, the average home square footage of new Townhouse type listings within the last 4 months is 1758.83 sq ft.

 


Sold Homes Kamloops Real Estate statisticsThe average sale price of Single Family type listings in the South Kamloops area, within the last 6 months is $384,213.04.

 


Average Sale Price KamloopsThe average list to sell ratio of Townhouse type listings in the Sun Peaks area, within the last 8 months is 0.972.

 


Square footage Kamloops Real EstateIn the Dallas area, the highest price per square foot of new Single Family type listings within the last 9 months is $265.16.

 


Average Sale Price KamloopsThe average list to sell ratio of Townhouse type listings in the Juniper Heights area, within the last 6 months is 0.984.

 


Square footage Kamloops Real EstateIn the Westsyde area, the average home price per square foot of new Single Family type listings within the last 6 months is $176.72.

 


Square footage Kamloops Real EstateIn the Pineview Valley area, the average home price per square foot of new Townhouse type listings within the last year is $159.31.

 


highest sale kamloopsThe highest sale price of Single Family type listings in the Heffley area, within the last month is $548,800.00.

 


highest sale kamloopsThe highest sale price of Single Family type listings in the Westmount area, within the last 8 months is $368,000.00.

 


Sold Homes Kamloops Real Estate statisticsThe average sale price of Single Family type listings in the South Thompson Valley area, within the last 11 months is $401,000.00.

 


Square footage Kamloops Real EstateIn the Campbell Creek/Deloro area, the highest price per square foot of new Single Family type listings within the last 11 months is $323.65.

 


Average Sale Price KamloopsThe average list to sell ratio of Single Family type listings in the Cherry Creek/Savona area, within the last 2 months is 0.966.

 


Sold Homes Kamloops Real Estate statistics40.00% of Townhouse type listings put on the market in the South Kamloops area, within the last 8 months have actually sold.

 


Square footage Kamloops Real EstateIn the Valleyview area, the highest price per square foot of new Townhouse type listings within the last 10 months is $205.70.

 

Interesting Facts of The Day, Kamloops Market Statistics and Information for April 1, 2016

I find these Kamloops market statistics quite interesting. They give us a good feel for what is happening in the local market in a relevant time frame. Each neighbourhood of Kamloops is very different from each other. Some neighbourhoods are experiencing quick sales and high ratios of sale to list price. Others unfortunately have had to deal with reducing the ask price to get the property sold.

 

Average Sale Price KamloopsThe highest list to sell ratio of Single Family type listings in Kamloops, within the last 7 months is 1.100.

 


Square footage Kamloops Real EstateIn the Juniper Heights area, the highest price per square foot of new Single Family type listings within the last month is $160.45.

 


Sold Homes Kamloops Real Estate statisticsThe average sale price of Lots/acreage type listings in the South Kamloops area, within the last 9 months is $225,750.00.

 


Sold Homes Kamloops Real Estate statisticsThe average sale price of Single Family type listings in the Batchelor Heights area, within the last 9 months is $441,927.

 


Sold Homes Kamloops Real Estate statisticsThe average sale price of Single Family type listings in the Batchelor Heights area, within the last month is $405,250.00.

 


Square footage Kamloops Real EstateIn the Valleyview area, the highest price per square foot of new Townhouse type listings within the last 6 months is $201.17.

 


highest sale kamloopsThe highest sale price of Single Family type listings in the Aberdeen area, within the last 6 months is $668,000.00.

 

 


Sold Homes Kamloops Real Estate statisticsThe average sale price of Lots/acreage type listings in the Cherry Creek/Savona area, within the last 8 months is $143,000.00.

 

 


Sold Homes Kamloops Real Estate statistics40.91% of Townhouse type listings put on the market in the South Kamloops area, within the last 8 months have actually sold.

 

 


highest sale kamloopsThe highest sale price of Townhouse type listings in the Juniper Heights area, within the last 10 months is $333,000.00.

 

 


Average Sale Price KamloopsThe average list to sell ratio of Single Family type listings in the Cherry Creek/Savona area, within the last 2 months is 0.966.

 


highest sale kamloopsThe highest sale price of Single Family type listings in the Sahali area, within the last 5 months is $775,000.00.

 

 


highest sale kamloopsThe highest sale price of Single Family type listings in the Knutsford-Lac Le Jeune area, within the last 5 months is $760,500.00.

 


Square footage Kamloops Real EstateIn the Westmount area, the average home price per square foot of new Single Family type listings within the last 11 months is $171.02.

 


Sold Homes Kamloops Real Estate statistics50.00% of Single Family type listings put on the market in the Westmount area, within the last 11 months have actually sold.

 


highest sale kamloopsThe highest sale price of Single Family type listings in the Pineview Valley area, within the last 8 months is $690,000.00.

 


price reduction Kamloops home property sales499 Single Family type listings in Kamloops, have had at least two price drops within the last year.

 


Average Sale Price KamloopsThe average sale price of Townhouse type listings in the Brocklehurst area, within the last 11 months is $200,995.80.

 


Average Sale Price KamloopsThe average sale price of Single Family type listings in Kamloops, within the last 9 months is $399,551.13.

 


Square footage Kamloops Real EstateIn the Juniper Heights area, the highest price per square foot of new Townhouse type listings within the last 5 months is $165.18.

 


highest sale kamloopsThe highest list to sell ratio of Townhouse type listings in the Aberdeen area, within the last 3 months is 0.987.

 

 


highest sale kamloopsThe highest list to sell ratio of listings in the Valleyview area, within the last year is 1.037.

 

 


Square footage Kamloops Real EstateIn the Sun Rivers area, the average home price per square foot of new Single Family type listings within the last 10 months is $216.73.

Interesting Facts of The Day, Kamloops Market Statistics and Information for March 27, 2016

Happy Easter! I have compiled a list of some interesting Kamloops Real Estate facts and statistics. Have a great weekend.

Square footage Kamloops Real EstateIn the Pineview Valley area, the average home price per square foot of new Single Family type listings within the last 4 months is $238.53.

 

Square footage Kamloops Real EstateIn the McLure/Vinsula area, the average home price per square foot of new Single Family type listings within the last 11 months is $157.22.

 

Square footage Kamloops Real EstateIn the Aberdeen area, the highest price per square foot of new Single Family type listings within the last 3 months is $232.63.

 

Sold Homes Kamloops Real Estate statistics51.71% of Single Family type listings put on the market in the Westsyde area, within the last 11 months have actually sold.

 

Square footage Kamloops Real EstateIn the South Kamloops area, the average home price per square foot of new Single Family type listings within the last 2 months is $180.99.

 

Average Sale Price KamloopsThe average list to sell ratio of Single Family type listings in the Pineview Valley area, within the last 2 months is 0.988.

Average Sale Price KamloopsThe average list to sell ratio of Townhouse type listings in the Juniper Heights area, within the last 11 months is 0.979.

 

Average Sale Price KamloopsThe average list to sell ratio of Single Family type listings in the McLure/Vinsula area, within the last 9 months is 0.923.

 

Square footage Kamloops Real EstateIn the Knutsford-Lac Le Jeune area, the average home price per square foot of new Single Family type listings within the last 11 months is $257.66.

 

Sold Homes Kamloops Real Estate statistics34.38% of Townhouse type listings put on the market in the Sahali area,within the last 6 months have actually sold.

 

Sold Homes Kamloops Real Estate statisticsThe highest sale price of Townhouse type listings in the Batchelor Heights area, within the last month is $308,500.00.

 

Square footage Kamloops Real EstateIn the Sahali area, the average home price per square foot of new Single Family type listings within the last 9 months is $178.37.

 

Sold Homes Kamloops Real Estate statistics23.08% of Single Family type listings put on the market in the South Thompson Valley area, within the last 11 months have actually sold.

 

Sold Homes Kamloops Real Estate statistics59.05% of Single Family type listings put on the market in the South Kamloops area, within the last 11 months have actually sold.

 

Average Sale Price KamloopsThe average sale price of Single Family type listings in the North Kamloops area, within the last 4 months is $286,665.63.

 

Currently homes are selling at a brisk pace in Kamloops. There are a few specific areas of Kamloops that are seeing multiple offers and quick sales. Currently our team is selling homes faster and for more money than our real estate board average. See images below:

Kirsten Mason Team Averages:Kirsten Mason Team Sales Statistics Kamloops Real Estate March 27, 2016

Kamloops Real Estate Board Average:

Kamloops Real Estate Board Average March 27, 2016

 

Interesting Facts of The Day, Kamloops Market Statistics and Information for March 17, 2016

I was reviewing some of the most recent statistics for the Kamloops area and I came upon these interesting facts about our market currently.

Square footage Kamloops Real EstateIn the Westmount area, the highest price per square foot of new Single Family type listings within the last 2 months is $138.55.

 

Average Sale Price KamloopsThe average sale price of Single Family type listings in the North Kamloops area, within the last 6 months is $290,351.79.

 

Average Sale Price KamloopsThe average list to sell ratio of listings in the Aberdeen area, within the last month is 0.972.

 

Sold Homes Kamloops Real Estate statistics51.18% of Single Family type listings put on the market in the North Kamloops area, within the last 10 months have actually sold.

 
Average Sale Price KamloopsThe highest list to sell ratio of Single Family type listings in the Batchelor Heights area, within the last 2 months is 0.989.

 

Square footage Kamloops Real EstateIn the Brocklehurst area, the average home price per square foot of new Townhouse type listings within the last year is $162.18.

 

Sold Homes Kamloops Real Estate statisticsThe highest sale price of Single Family type listings in the South Kamloops area, within the last 7 months is $748,000.00.

 
Square footage Kamloops Real EstateIn Kamloops, the highest price per square foot of new Single Family type listings within the last 4 months is $418.63.

 

Square footage Kamloops Real EstateIn the Dufferin/Southgate area, the highest price per square foot of new Single Family type listings within the last 2 months is $159.72.

 
Average Sale Price KamloopsThe average list to sell ratio of Single Family type listings in the Aberdeen area, within the last 10 months is 0.979.

 

Currently homes are selling at a brisk pace in Kamloops. There are a few specific areas of Kamloops that are seeing multiple offers and quick sales. Currently our team is selling homes quicker and for more money than our real estate board average. See images below:

Kirsten Mason Team Averages:

Kirsten Mason Team Sales Statistics March 2016 Kamloops

Kamloops Real Estate Board Average:

Kamloops Board Average Sales Statistics March 2016

 

 

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