Market Momentum Continues into the Fall, BCREA

B.C. Real Estate News, Kamloops Real Estate Statistics

Vancouver, BC – October 15, 2019. The British Columbia Real Estate Association (BCREA) reports that a total of 6,938 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 24 per cent from the same month last year. 

The average MLS® residential price in the province was $697,943, an increase of 2.1 per cent from September 2018. Total sales dollar volume was $4.84 billion, a 26.5 per cent increase from the same month last year.

“Markets across BC built on momentum from the summer,” said BCREA Chief Economist Brendon Ogmundson. “While the year-over-year increase in provincial sales was quite strong, home sales in most areas are simply returning to historically average levels.”

MLS® residential active listings in the province were up 4 per cent from September 2018 to 39,117 units and were essentially flat compared to August on a seasonally adjusted basis. Overall market conditions remained in a balanced range with a sales-to-active listings ratio of about 18 per cent.    

Year-to-date, BC residential sales dollar volume was down 12.4 per cent to $39.7 billion, compared with the same period in 2018. Residential unit sales were 8.9 per cent lower at 57,773 units, while the average MLS® residential price was down 3.9 per cent year-to-date at $687,530.   

New Listing: 640 Lister Road, Heffley, Kamloops, BC $349,900

Heffley Lake & Knouff Lake

640 Lister Rd, Heffley, Kamloops Homes Sold

New Listing: 640 Lister Road, Heffley, Kamloops, BC $349,900. Nice 2 bedroom, 1 bathroom home situated on beautifully landscaped lot with a large 14×32 detached shop.

This home features one level living with over 1,000 square feet of living space. The main living space features a great room open floor plan with vaulted ceilings and lots of windows for natural light. There are 2 large bedrooms, a 4 piece bathroom, laundry area, additional mud room and an office space or den. There is easy access to the back yard that is terraced with multiple levels to enjoy.

Also includes 2 storage sheds and a greenhouse. The lot itself is fully fenced, backs on to a creek so you have a natural water feature to enjoy and lots of parking for vehicles, an RV or all your toys. Located 30 minutes from Sun Peaks and 20 minutes from downtown Kamloops. There is a local elementary school, public transportation and a small store nearby.

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New Listing: 894 Gleneagles Drive, Sahali, Kamloops, BC $524,900

Sahali

894 Gleneagles Dr, Sahali, Kamloops Homes Off Market

New Listing: 894 Gleneagles Drive, Sahali, Kamloops, BC $524,900. This beautifully cared for Sahali home in a quiet neighbourhood with a studio in-law suite will definitely not disappoint! This updated 3 bedroom, 2.5 bathrooms, basement entry home provides the perfect space for your family!

The main floor features a bright open concept with impressive river and mountain views, maple hardwood and tile flooring, a gorgeous kitchen with ample cabinetry, granite countertops, stainless steel appliances, gas range, wall pantry with pull-outs and island with seating. The dining room off the kitchen features french doors that open up to a lovely balcony area, large living room with cozy wood-burning fireplace, modern 4 piece bathroom and master bedroom with a 2 piece ensuite that accesses a private patio space.

There are 2 additional bedrooms on the main floor, one has been converted to a flex room offering a laundry area, built-in office desk and wall bed for when company comes to visit. The lower level features spacious tiled entry with direct access to the one-car garage, bright studio in-law suite with a separate entrance that can be easily closed off again from the main house and 4 piece bathroom.

The fully fenced, lovely park-like backyard offers privacy and provides an excellent space for entertaining or just relaxing. The driveway is steep but provides a turn-around area. Pride of ownership is evident, and this home must be seen to be fully appreciated.

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New Listing: 1885 McKinley Court, Sahali, Kamloops, BC $624,900

Sahali

1885 McKinley Crt,Sahali, Kamloops Homes Off Market

New Listing: 1885 McKinley Court, Sahali, Kamloops, BC $624,900. Great family home with extremely private, fully fenced and flat backyard with Crown/City open space behind.

Mature trees provide shade, cherry tree and full access from kitchen providing ‘an eye on the children and pets when playing’ plus room for a future pool! 3 bedrooms up and master has walk-in closet and 5-piece ensuite. Front entrance landing offers a view of the mountains.

Skylights and vaulted ceilings in livingroom and dining room let in all the natural light with large windows facing front and back. Newer appliances, gas range, c/air, fireplace in family room, hardwood flooring. Laundry and garage access conveniently located off kitchen. Huge family room in lower level, 1 bedroom and office (which could be converted to bedroom), 3-piece bath, cold room and tons of storage.

100-amp service with sub-panel for future hot tub, 50-yr fiberglass shingles (2011), garden shed. Double car garage with high ceilings, side parking and backyard access. Great quiet FAMILY location close to schools, recreation and many more amenities.

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