BCREA Housing Market Update for June 2019

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

BCREA has released their Housing Market Update for June 2019, reflecting on the statistics from May 2019.

A lot of the province of BC has seen an increase in the inventory of homes on the market. The lower mainland areas have seen some serious pressure on prices. Kamloops however has remained strong. In May 2019 there were 327 sales in Kamloops. This was a volume drop of 6.6% year over year.

The average price of a home in Kamloops is $427,831 which is a 9.5% year over year change. At the end of May 2019, there were 1,223 active listings which means that Kamloops has a supply of 3.7 months. That is also a 2.9% increase in the number of listings available for sale in the region.

Other areas such as the Okanagan board have seen a much larger increase in inventory resulting in a slower moving market in comparison to Kamloops and district.

Contact us anytime if you have any questions about the statistics and how this affects you as a Buyer or Seller in the Kamloops Real Estate market.

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New Listing: 279 Alder Avenue, North Kamloops, BC $314,900

North Kamloops

279 Alder Ave, North Kamloops, Kamloops Homes Sold

New Listing: 279 Alder Avenue, North Kamloops, BC $314,900. Cute one level home in North Kamloops with ultimate privacy. This home features 3 bedrooms and a full 4 piece bathroom.

There have been several updates done over the past few years including flooring throughout, bathroom, some kitchen appliances, hot water tank, windows and furnace. A nice sized detached workshop in the yard, a hot tub and fully fenced property for privacy.

Lots of parking including room for an RV. Located steps to the Rivers Trail, transportation, minutes to shopping and to downtown Kamloops. Great home for a downsize or first-time home buyer looking for some space.

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New Listing: 610-429 St. Paul Street, South Kamloops, BC $224,900

South Kamloops

610-429 St Paul St, South Kamloops, Kamloops Homes Sold

New Listing: 610-429 St. Paul Street, South Kamloops, BC $224,900. Super cool small-space bachelor condo located in downtown Kamloops only steps away from restaurants, movie theatre, parks, shopping, hospital and much more!

Only 3 years old, this top floor condo boats 9’ ceilings and great southerly views from spacious covered patio and dining area.  Galley kitchen with white shaker cabinets includes stainless fridge, stove and dishwasher and full-size washer and dryer.  Den has perfect area for Murphy bed and custom wardrobe. 125 AMP service, heating/cooling unit and laminate/linoleum flooring throughout.  Unit includes a storage locker located on the same floor and one assigned secured underground parking.

Complex also includes a large amenities room with kitchenette and a bike/scooter storage area off the main floor entry. Enjoy more outdoor living on the common rooftop patio which has a community garden, gas BBQ, picnic tables and a beautiful 360-degree view.  Rentals allowed (no Airbnb’s) and one pet with restrictions, no charcoal BBQ’s.  Hot water, water, sewer and garbage included in monthly Strata Fee of $121.68.  2-5-10 Home Warranty.

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New Listing: 2003 High Country Boulevard, Valleyview, Kamloops, BC $739,000

Valleyview

2003 High Country Blvd, Valleyview, Kamloops Homes SoldNew Listing: 2003 High Country Boulevard, Valleyview, Kamloops, BC $739,000. Beautifully designed Rose Hill home with many custom features and gorgeous yard.

This home features a large great room open floor plan with vaulted ceilings and tons of windows for natural light. The kitchen has stone counter tops and stainless steel appliances. There are French doors that lead to the fully fenced yard that is very usable, south facing and private. There is a second deck off of the front of the home that is covered to take in the views.

The main floor includes two bedrooms, the master suite has a 5 piece ensuite and walk in closet. There is access to the back patio from the master. There is also main floor laundry and a 2 piece powder room. The basement level includes 2 large bedrooms, a full bathroom and family room great for a theatre room or for the kids to play.

This home also features a 32×30 foot garage, awesome RV parking and tons of parking for the whole family. Super private location and located minutes to downtown Kamloops and city amenities. Day before notice for showings appreciated. Come check out this beautifully designed Rose Hill home.

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