Kamloops District Real Estate Associations Statistics For August 2016

The Kamloops District Real Estate Associations has released the latest statistics for the Second Quarter and August 2016. Click on image to enlarge.

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Kamloops Real Estate Sales by Subarea August 2016

Kamloops Real Estate Sales by Subarea August 2016

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Kamloops Real Estate Out of Town Sales by Subarea August 2016

Kamloops Real Estate Out of Town Sales by Subarea August 2016

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Kamloops Real Estate MLS Activity August 2016

Kamloops Real Estate MLS Activity August 2016

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Kamloops Real Estate Comparative Analysis By Property Type August 2016

Kamloops Real Estate Comparative Analysis By Property Type August 2016

BC Housing Demand Remains Strong Despite Fewer Vancouver Home Sales, BCREA

Vancouver, BC – September 13, 2016. The British Columbia Real Estate Association (BCREA) reports that 8,945 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August, up 1.5 per cent from the same month last year. Total sales dollar volume was $5.1 billion in August, down 6.7 per cent compared to the previous year. The average MLS® residential price in the province was $569,393, a decline of 8.1 per cent compared to the same month last year.

mls-residential-sales-august-2016“Strong housing demand across most regions of the province offset slowing home sales in Vancouver last month,” said Cameron Muir, BCREA Chief Economist. “The newly introduced 15 per cent foreign buyer tax combined with the 3 per cent property transfer tax on homes over $2 million brought in earlier this year, slowed demand at the top end of the market in Vancouver last month.”

“The decline in the average home price was due to a change in the composition and location of homes sold in the province,” added Muir. “Fewer sales of high priced detached homes relative to all other homes sales in Vancouver as well as fewer Vancouver home sales relative to the rest of the province has caused the average price statistic to decline.”

Year-to-date, BC residential sales dollar volume increased 39.1 per cent to $61.6 billion, when compared with the same period in 2015. Residential unit sales climbed by 22.1 per cent to 86,206 units, while the average MLS® residential price was up 13.9 per cent to $714.400.

Record BC Home Sale Forecast Despite Vancouver Slowdown: BCREA 2016 Third Quarter Housing Forecast Update

Vancouver, BC – August 25, 2016. The British Columbia Real Estate Association (BCREA) released its 2016 Third Quarter Housing Forecast Update today.

Multiple Listing Service® (MLS®) residential sales in the province are forecast to climb 10.4 per cent to a record 113,000 units this year, eclipsing the previous record of 106,310 units in 2005. Housing demand is expected to moderate next year, with home sales declining nearly 8 per cent to 104,400 units. However, housing demand is expected to remain well above the ten-year average of 85,000 unit sales.

MLS Residential Sales July August 2016“The introduction of a 15 per cent tax on foreign national home buyers in Metro Vancouver is expected to accelerate a moderating trend in the market that began earlier in the year,” said Cameron Muir, BCREA Chief Economist. “However, other regions of the province are performing above expectations and at the provincial level, largely offsetting Metro Vancouver’s deceleration.”

The average MLS® residential price in the province is forecast to increase 11 per cent to $706,900 this year and a further 5.2 per cent to $743,700 in 2017.

“While the cyclical nature of housing markets can exact a harsh toll on affordability in the short term, there is some relief for beleaguered home buyers on the horizon, added Muir. Housing starts in the province are expected to reach near record levels this year, and the highest amount since 1993. In Metro Vancouver, a record number of homes are now under construction. “A moderation in housing demand combined with a rising number of both new and resale homes on the market is expected to create more balance and less upward pressure on home prices.”

Housing Market Slows to a Simmer in BC, BCREA

Vancouver, BC – August 11, 2016. The British Columbia Real Estate Association (BCREA) reports that 9,900 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in July, down 3.4 per cent from the same month last year. Total sales dollar volume was $6.57 billion in July, up 5.4 per cent compared to the previous year. The average MLS® residential price in the province was up 9.1 per cent year-over-year, to $663,411.
MLS Residential Sales  BC July August 2016
“Housing demand has moderated in many regions of the province, after setting records earlier in the year,” said Cameron Muir, BCREA Chief Economist. “The less frenetic pace of home sales will likely provide a much needed boost to the inventory of homes for sale. The rate of home price appreciation is also expected to slow from the unsustainable level exhibited this spring.“

Year-to-date, BC residential sales dollar volume increased 45.5 per cent to $56.5 billion, when compared with the same period in 2015. Residential unit sales climbed by 25 per cent to 77,261 units, while the average MLS® residential price was up 16.4 per cent to $731,189.

Kamloops District Real Estate Associations Statistics For July 2016

The Kamloops District Real Estate Associations has released the latest statistics for the Second Quarter and July 2016. Click on image to enlarge.

Kamloops Real Estate Comparative Analysis By Property Type

Kamloops Real Estate Comparative Analysis By Property Type

PDF

Kamloops Real Estate MLS Activity July 2016

Kamloops Real Estate MLS Activity July 2016

PDF

Kamloops Real Estate Out of town Sales by Subarea

Kamloops Real Estate Out of town Sales by Subarea

Kamloops Real Estate Out of town Sales by Subarea

Kamloops Real Estate Out of town Sales by Subarea

Sales by subarea July 2016 Kamloops Real Estate Statistics

Kamloops Real Estate Sales by subarea July 2016

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Kamloops District Real Estate Associations Statistics For 2nd Quarter & June 2016

The Kamloops District Real Estate Associations has released the latest statistics for the Second Quarter and June 2016. Click on image to enlarge.

Out of Town Sales by Subarea PDF

Out of Town Sales by Subarea, June 2016

Out of Town Sales by Subarea, June 2016

Out of Town Sales by Subarea, June 2016

Out of Town Sales by Subarea, Q2 PDF

Out of Town Sales by Subarea, Q2 2016

Out of Town Sales by Subarea, Q2 2016

Out of Town Sales by Subarea, Q2 2016

Out of Town Sales by Subarea, Q2 2016

Sales by subarea June 2016 Kamloops Real Estate Statistics

Kamloops Real Estate Sales by subarea June 2016

Sales by subarea June 2016 PDF

MLS Activity June 2016 Kamloops Real Estate Statistics

Kamloops Real Estate MLS Activity June 2016

MLS Activity June 2016 PDF

Tight Market Conditions Prevail Around the Province, BCREA

Vancouver, BC – July 14, 2016. The British Columbia Real Estate Association (BCREA) reports that a record 12,906 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June, up 14.3 per cent from the same month last year. Total sales dollar volume was $8.97 billion in June, up 25.7 per cent compared to the previous year. The average MLS® residential price in the province was up 10 per cent year-over-year, to $694,925.

BC Sales to Active Listings Ratio July 2016“Robust housing demand in the Lower Mainland, Vancouver Island and the Okanagan drove sales growth in June,” said Brendon Ogmundson, BCREA Economist. “At the same time, the inventory of homes for sale continues to slide lower, creating very tight market conditions around the province.“

“The supply of resale homes is remarkably low across BC, but particularly so in Victoria and the Fraser Valley,” added Ogmundson. The sales-to-active listings ratio has eclipsed 60 per cent in both Victoria and the Fraser Valley, corresponding to less than two months of supply given current demand.

Year-to-date, BC residential sales dollar volume increased 53.2 per cent to $49.9 billion, when compared with the same period in 2015. Residential unit sales climbed by 30.6 per cent to 67,361 units, while the average MLS® residential price was up 17.3 per cent to $741,150.

Interesting Facts of The Day, Kamloops Market Statistics and Information for June 29, 2016

Here are some of the latest statistics and information regarding the Kamloops real estate market and how it is performing.

 

Highest List to Sell RatioThe highest list to sell ratio of Lots/acreage type listings in the North Kamloops area, within the last 5 months is 0.958.

 


Highest List to Sell RatioThe highest list to sell ratio of Lots/acreage type listings in the Juniper Heights area, within the last 8 months is 1.000.

 


Percentage of listings on the market that sold Kamloops Real Estate Statistics33.33% of Townhouse type listings put on the market in the Aberdeen area,within the last 3 months have actually sold.

 


Average List to Sale Price Kamloops real estate statistics informationThe average list to sell ratio of Single Family type listings in the Cherry Creek/Savona area, within the last 4 months is 0.956.

 


Average Sale price Kamloops Statistics InformationIn the Dufferin/Southgate area, the average home price per square foot of new Single Family type listings within the last 7 months is $192.96.

 


Average Sale price Kamloops Statistics InformationIn the South Kamloops area, the average home price per square foot of new Townhouse type listings within the last 7 months is $219.50.

 


Highest List to Sell RatioThe highest list to sell ratio of listings in the South Kamloops area, within the last 4 months is 1.041.

 


Highest List to Sell RatioThe highest list to sell ratio of Single Family type listings in the Heffley area, within the last 2 months is 0.932.

 


Highest List to Sell RatioThe highest list to sell ratio of Townhouse type listings in the Brocklehurst area, within the last 3 months is 0.983.

 


Average Sale price Kamloops Statistics InformationIn the Valleyview area, the average home price per square foot of new Single Family type listings within the last 4 months is $193.14.

 


Highest Sale Price Kamloops Real Estate Statistics InformationThe highest sale price of Single Family type listings in the Aberdeen area, within the last 5 months is $735,000.00.

 


Highest List to Sell RatioThe highest list to sell ratio of Single Family type listings in the Brocklehurst area, within the last 10 months is 1.041.

 


Average List to Sale Price Kamloops real estate statistics informationThe average list to sell ratio of Single Family type listings in the Monte Lake/Westwold area, within the last year is 0.945.

 


Highest List to Sell RatioThe highest list to sell ratio of Single Family type listings in the Westmount area, within the last 9 months is 0.989.

 


Highest Sale Price Kamloops Real Estate Statistics InformationThe highest sale price of Single Family type listings in the McLure/Vinsula area, within the last 8 months is $360,000.00.

 


Average List to Sale Price Kamloops real estate statistics informationThe average list to sell ratio of Townhouse type listings in the Dallas area, within the last year is 0.988.

 


Highest Sale Price Kamloops Real Estate Statistics InformationThe highest sale price of Townhouse type listings in the Batchelor Heights area, within the last 2 months is $309,500.00.

 


Price drop kamloops real estate information statistics97 Townhouse type listings in Kamloops, have had at least one price drop within the last 6 months.

 


Percentage of listings on the market that sold Kamloops Real Estate Statistics43.02% of listings put on the market in the Juniper Heights area,within the last 4 months have actually sold.

 


Average Sale price Kamloops Statistics InformationThe average sale price of Single Family type listings in the Pritchard area, within the last 6 months is $447,148.00.

 


Highest List to Sell RatioThe highest list to sell ratio of Townhouse type listings in the Sun Rivers area, within the last 8 months is 0.990.

 


Average Sale price Kamloops Statistics InformationThe average sale price of listings in the North Kamloops area, within the last 6 months is $275,485.71.

 


Price Per square foot Kamloops Real Estate InformationIn the Westsyde area, the highest price per square foot of new listings within the last 2 months is $381.62.

 

 


Average Sale price Kamloops Statistics InformationIn Kamloops, the average home price per square foot of new Single Family type listings within the last 2 months is $192.04.

 


Average Sale price Kamloops Statistics InformationIn the South Thompson Valley area, the average home price per square foot of new listings within the last 5 months is $155.91.

 


Average Sale price Kamloops Statistics InformationThe average sale price of listings in the North Kamloops area, within the last 6 months is $275,485.71.

 


Highest Sale Price Kamloops Real Estate Statistics InformationThe highest sale price of Single Family type listings in the Rayleigh area, within the last 5 months is $535,500.00.

 


Average Sale price Kamloops Statistics InformationThe average sale price of Single Family type listings in the Juniper Heights area, within the last month is $765,500.00.

 


Highest Sale Price Kamloops Real Estate Statistics InformationThe highest sale price of Single Family type listings in the Sahali area, within the last 4 months is $757,500.00.

 


Percentage of listings on the market that sold Kamloops Real Estate Statistics45.29% of listings put on the market in the Sahali area,within the last 6 months have actually sold.

 

 


Average Sale price Kamloops Statistics InformationThe average sale price of Single Family type listings in the Brocklehurst area, within the last month is $374,966.67.

 

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