BC Home Sales Return to Historic Average, BCREA

Vancouver, BC – February 15, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 4,487 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in January, down 23 per cent from the same period last year. Total sales dollar volume was $2.79 billion, down 36.5 per cent from January 2016. The average MLS® residential price in the province was $621,093, a 17.5 per cent decrease from the same period last year.

MLS Residential Sales BC Real Estate

“Housing demand across the province returned to long-term average levels last month,” said Cameron Muir, BCREA Chief Economist. “However, regional variations persist, with Victoria posting above average performance and Vancouver falling below the average.”

“A marked decrease in the average MLS® residential price is largely the result of relatively more home sales occurring outside of the Lower Mainland,” added Muir.

Home sales from Vancouver fell from 43 per cent of provincial transactions in January 2016 to 35 per cent last month. In addition, fewer detached home sales in Vancouver relative to multi-family units has skewed the average price statistic down in the province’s largest urban area. In contrast, the MLS® Residential Benchmark Price in the Real Estate Board of Greater Vancouver area has declined 3.7 per cent over the past six months, but is up 15.6 per cent from January 2016.

Kamloops District Real Estate Associations Statistics For January 2017

The Kamloops District Real Estate Association has released the latest Statistics for January 2017. Click on the image below to enlarge or PDF documents included in the links below.

Comparative analysis by property type January 2017 Kamloops Real Estate Statistics

Kamloops Real Estate Comparative analysis by property type January 2017

PDF: Comparative analysis by property type January 2017

MLS Activity January 2017 Kamloops Real Estate Statistics

Kamloops Real Estate MLS Activity January 2017

PDF: MLS Activity January 2017 

Out of town Sales by Subarea January 2017-page-001

Out of town Sales by Subarea January 2017

Out of town Sales by Subarea January 2017-page-002

Out of town Sales by Subarea January 2017

PDF: Out of town Sales by Subarea January 2017

Sales by subarea January 2017 Kamloops Real Estate Statistics

Kamloops Real Estate Sales by subarea January 2017

PDF: Sales by subarea January 2017

Interesting Stats of The Day, Kamloops Market Statistics and Information for January 14, 2017

I have pulled up the latest area statistics for some of the Kamloops neighbourhoods. It is interesting to see how each area are so different from one another within our city.

Sold Homes Kamloops Real Estate statistics

The average sale price of Townhouse type listings in the Aberdeen area, within the last 10 months is $308,077.59.

The highest list to sell ratio of Single Family type listings in the Barnhartvale area, within the last 5 months is 1.006.

The highest sale price of Single Family type listings in the Barnhartvale area, within the last month is $665,000.00.

The average list to sell ratio of Single Family type listings in the Batchelor Heights area, within the last 3 months is 0.991.

The average sale price of Single Family type listings in the Batchelor Heights area, within the last 2 months is $505,000.00.

In the Batchelor Heights area, the average home price per square foot of new Single Family type listings within the last 6 months is $209.53.

The average sale price of Single Family type listings in the Batchelor Heights area, within the last 5 months is $457,090.91.

The highest sale price of Single Family type listings in the Brocklehurst area, within the last 11 months is $724,900.00.

The average list to sell ratio of listings in the Heffley area, within the last 8 months is 0.953.

In the Juniper Heights area, the average home price per square foot of new Single Family type listings within the last 3 months is $191.69.

44.44% of Townhouse type properties listed in the Juniper Heights area,within the last 7 months have actually sold.

The average list to sell ratio of Apartment Unit type listings in Kamloops, within the last 11 months is 0.973.

In Kamloops, the average home price per square foot of new Mobile type listings within the last 9 months is $107.57.

The average sale price of Single Family type listings in the Monte Lake/Westwold area, within the last 8 months is $495,400.00.

The average list to sell ratio of Single Family type listings in the Pinantan area, within the last 4 months is 0.918.

33.33% of Single Family type properties listed in the Pinantan area,within the last 6 months have actually sold.

50.00% of Single Family type properties listed in the Pineview Valley area, within the last 2 months have actually sold.

The highest list to sell ratio of Single Family type listings in the Pritchard area, within the last 10 months is 0.993.

The average list to sell ratio of Townhouse type listings in the Sahali area, within the last 8 months is 0.971.

The highest list to sell ratio of Single Family type listings in the Sahali area, within the last 2 months is 0.988.

In the Sahali area, the highest price per square foot of new Townhouse type listings within the last 9 months is $278.24.

The average sale price of Single Family type listings in the South Kamloops area, within the last 2 months is $390,966.67.

The average list to sell ratio of Single Family type listings in the South Kamloops area, within the last 3 months is 0.980.

In the South Thompson Valley area, the highest price per square foot of new Single Family type listings within the last 10 months is $294.84.

In the Sun Peaks area, the average home price per square foot of new Townhouse type listings within the last 11 months is $299.40.

In the Sun Peaks area, the average age of new Townhouse type listings within the last 10 months is 9.5 years.

The highest list to sell ratio of listings in the Sun Peaks area, within the last 5 months is 1.025.

The highest sale price of Townhouse type listings in the Valleyview area, within the last 7 months is $359,000.00.

The highest sale price of Townhouse type listings in the Westsyde area, within the last year is $428,000.00.

BCREA Housing Market Update January 2017

The BC Real Estate Association has released it’s the latest market update. Kamloops saw a fairly significant jump in both the volume of sales and value of homes for December 2016. Also according to the stats we have a 7 month supply of listings. This may be true in theory but a lot of buyers are having trouble finding a suitable home. Take a look at the video for more info.

BC Home Sales Post Record Year, BCREA

Vancouver, BC – January 13, 2017. The British Columbia Real Estate Association (BCREA) reports that a record 112,209 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2016, an increase of 9.5 per cent from the previous year. Total sales dollar volume was a record $77.6 billion, up 18.8 per cent from 2015. The average MLS® residential price in the province climbed 8.6 per cent to $691,144 on an annual basis in 2016.

MLS Residential Sales 2017 2016 December January BC Real Estate BCREA“Broad-based consumer demand driven by strong economic conditions, employment growth, consumer confidence, and an expanding population base pushed home sales to record levels in many BC regions last year,” said Cameron Muir, BCREA Chief Economist. “However, home sales have fallen back from their lofty peaks early last year.” The seasonally adjusted annual rate of sales activity was approximately 92,000 units in December.

A total of 4,721 residential unit sales were recorded by the MLS® in December, down 28.4 per cent from the same month last year. Total sales dollar volume was $3.1 billion last month, a decline of 33.1 per cent compared to the same month the previous year. The average MLS® residential price in the province was $654,699 in December, a 6.6 per cent decline from December 2015.

Kamloops District Real Estate Associations Statistics For December 2016, 4th Quarter and 2016 Year End

The Kamloops District Real Estate Association has released the latest Statistics For December 2016, 4th Quarter and 2016 Year End. Click on the image below to enlarge or PDF documents included in the links below.

Comparative analysis by property type Annual Year End 2016 Kamloops Real Estate Statistics

Kamloops Real Estate Comparative analysis by property type Annual Year End 2016

PDF: Comparative analysis by property type Annual Year End 2016

Comparative analysis by property type December 2016 Kamloops Real Estate Statistics

Kamloops Real Estate Comparative analysis by property type December 2016

PDF: Comparative analysis by property type December 2016

MLS Activity December 2016 Kamloops Real Estate Statistics

Kamloops Real Estate MLS Activity December 2016

PDF: MLS Activity December 2016

Out of town Sales by Subarea 4th Quarter 2016

Out of town Sales by Subarea 4th Quarter 2016

PDF: Out of town Sales by Subarea 4th Quarter 2016

Out of town Sales by Subarea Annual Year End 2016

Out of town Sales by Subarea Annual Year End 2016

Out of town Sales by Subarea Annual Year End 2016

Out of town Sales by Subarea Annual Year End 2016

PDF: Out of town Sales by Subarea Annual Year End 2016

Out of town Sales by Subarea December 2016

Out of town Sales by Subarea December 2016

Out of town Sales by Subarea December 2016

Out of town Sales by Subarea December 2016

PDF: Out of town Sales by Subarea December 2016

Sales by subarea 4th Quarter 2016 Kamloops Real Estate Statistics

Kamloops Real Estate Sales by subarea 4th Quarter 2016

PDF: Sales by subarea 4th Quarter 2016

Sales by subarea Annual Year End 2016 Kamloops Real Estate Statistics

Kamloops Real Estate Sales by subarea Annual Year End 2016

PDF: Sales by subarea Annual Year End 2016

Sales by subarea December 2016 Kamloops Real Estate Statistics

Kamloops Real Estate Sales by subarea December 2016

PDF: Sales by subarea December 2016

Interesting Stats of The Day, Kamloops Market Statistics and Information for January 8, 2017

The Kamloops real estate market is starting to heat up even though the weather outside is quite frigid. Here are some interesting statistics I pulled up today. There has been a lot of talk about Kamloops property assessments that recently came out and how they affect your property’s market value. Contact us anytime to chat about that!

There are a lot of buyers out there ready to buy. With listing inventory still low it is a great time to think of getting your home on the market.

Average Sale Price Kamloops

In the Aberdeen area, the highest price per square foot of new Single Family type listings within the last 6 months is $361.61.

11.11% of Single Family type properties listed in the Batchelor Heights area,within the last 2 months have actually sold.

The average sale price of Single Family type listings in the Cherry Creek/Savona area, within the last 6 months is $413,600.00.

The highest list to sell ratio of Single Family type listings in the Dallas area, within the last 5 months is 0.992.

The highest sale price of Single Family type listings in the Dufferin/Southgate area, within the last 6 months is $522,000.00.

In the Heffley area, the average home price per square foot of new Single Family type listings within the last year is $304.02.

The average list to sell ratio of Single Family type listings in the Juniper Heights area, within the last 5 months is 0.980.

The average sale price of Single Family type listings in the North Kamloops area, within the last 11 months is $304,250.00.

The average sale price of Single Family type listings in the Pritchard area, within the last 9 months is $416,081.82.

The average sale price of Single Family type listings in the Rayleigh area, within the last 3 months is $423,250.00.

In the Sahali area, the average home price per square foot of new Townhouse type listings within the last 8 months is $179.52.

In the South Kamloops area, the average home price per square foot of new Townhouse type listings within the last 6 months is $220.72.

The average sale price of Townhouse type listings in the South Kamloops area, within the last 2 months is $282,000.00.

The average sale price of Townhouse type listings in the Sun Peaks area, within the last year is $491,243.10.

The average list to sell ratio of Townhouse type listings in the Sun Peaks area, within the last 5 months is 0.990.

The average list to sell ratio of Single Family type listings in the Sun Rivers area, within the last 3 months is 0.996.

The average list to sell ratio of Single Family type listings in the South Thompson Valley area, within the last 5 months is 0.975.

The average list to sell ratio of Single Family type listings in the Valleyview area, within the last 4 months is 0.973.

In the Valleyview area, the average home square footage of new Single Family type listings within the last 5 months is 2708.46 sq ft.

60.00% of Townhouse type properties listed in the Westmount area,within the last 11 months have actually sold.

Kirsten Mason Team Sales Statistics:

Kirsten Mason Team Statistics Sales Kamloops District Real Estate Board Sales Statistics:

Kamloops Board Stats Jan 8 2017

 

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