BCREA: New Listings Bounce Higher in April

Vancouver, BC – May 15, 2024. The British Columbia Real Estate Association (BCREA) reports that 7,569 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2024, an increase of 1.5 per cent from April 2023. The average MLS® residential price in BC in April 2024 was up 1.4 per cent at $1 million, compared to an average price of $992,440 in April 2023. The total sales dollar volume was $7.6 billion, an increase of 3 per cent from the same time the previous year.

“April was an above-average month for new listings activity, registering the highest pace since 2021,” said BCREA Chief Economist Brendon Ogmundson. “Sales are still slightly below normal, which has led to a substantial increase in total inventory, though at a level still far below long-run balance. Ultimately, the market is heading into the summer in a state of relative calm with much more choice for buyers.”

Year-to-date, BC residential sales dollar volume was up 9.5 per cent to $23.4 billion, compared with the same period in 2023. Residential unit sales were up 4.8 per cent to 23,507 units, while the average MLS® residential price was up 4.5 per cent to $997,132.

Click here to visit to BCREA’s website. To view other statistics for the Kamloops and BC real estate market click here.

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“Copyright British Columbia Real Estate Association. Reprinted with permission.” BCREA makes no guarantees as to the accuracy or completeness of this information

Kamloops District Real Estate Statistics For April 2024

The Association of Interior Realtors has released the latest Statistics for April 2024. Click on the image below to enlarge or PDF documents included in the links below.

MLS Analysis, Kamloops and District Real Estate Statistics, April 2024

PDF: MLS Analysis – April 2024

Comparative Analysis by Property Type - April 2024, Kamloops and District Real Estate Statistics, April 2024

PDF Comparative Analysis by Property Type – April 2024

Residential Sales by Sub-Area, Kamloops and District Real Estate Statistics, April 2024

PDF: Residential Sales by Sub-Area – April 2024

Residential Sales by Sub-Area (Out of Town) , Kamloops and District Real Estate Statistics, April 2024
Residential Sales by Sub-Area (Out of Town) , Kamloops and District Real Estate Statistics, April 2024

PDF: Residential Sales by Sub-Area (Out of Town) – April 2024

Summary Statistics) , Kamloops and District Real Estate Statistics, April 2024
Summary Statistics) , Kamloops and District Real Estate Statistics, April 2024

PDF: Summary Statistics – April 2024

Market Summary, Kamloops and District Real Estate Statistics, April 2024

PDF: Market Summary – April 2024

For Previous Monthly, Quarterly & Annual Statistics click here.

To View our current listings click here

Discovering Nature’s Playground: Top 12 Recreational Areas to Explore in Kamloops

Nestled in the heart of British Columbia, Kamloops beckons outdoor enthusiasts with its diverse landscapes and endless opportunities for adventure. From scenic lakeshores to rugged mountain trails, this vibrant city offers a plethora of recreational areas waiting to be explored. In this guide, we’ll unveil the top 10 destinations that make Kamloops a playground for nature lovers and thrill-seekers alike.

Riverside Park:
Riverside Park stands as a green oasis amidst the urban landscape of Kamloops. With its picturesque location along the Thompson River, this park offers a blend of leisure and recreation. Visitors can enjoy picnics on lush lawns, leisurely strolls along scenic pathways, or bask in the sun on the sandy beach. Riverside Park is also home to playgrounds, sports courts, and vibrant floral displays, making it a favorite spot for families and outdoor enthusiasts.

Kenna Cartwright Park:
As one of Canada’s largest municipal parks, Kenna Cartwright Park boasts over 40 kilometers of multi-use trails winding through diverse terrain. From rolling grasslands to rocky ridges, this park offers stunning panoramic views of Kamloops and the surrounding mountains. Hikers, mountain bikers, and trail runners will relish the challenge of exploring this expansive wilderness area, with opportunities to spot wildlife and soak in the natural beauty of the region.

Lac du Bois Grasslands:
Escape the hustle and bustle of the city and venture into the pristine wilderness of Lac du Bois Grasslands. This protected area features a variety of ecosystems, including sagebrush-covered hillsides, wetlands, and hidden lakes. Outdoor enthusiasts can explore a network of hiking and horseback riding trails, immersing themselves in the tranquility of nature while enjoying the chance to encounter diverse wildlife species.

Paul Lake Provincial Park:
Located just a short drive northeast of Kamloops, Paul Lake Provincial Park offers a tranquil retreat surrounded by lush forests and clear waters. Whether you’re paddling on the lake, fishing for trout, or simply relaxing on the beach, this park provides endless opportunities for outdoor recreation. Hikers can explore scenic trails that wind through old-growth forests, providing glimpses of wildlife and stunning vistas along the way.

Sun Peaks Resort:
In the winter months, Sun Peaks Resort is a premier destination for skiing and snowboarding enthusiasts. However, when the snow melts, this mountain paradise transforms into a haven for outdoor adventure year-round. Mountain bikers, hikers, and golfers flock to Sun Peaks to explore its extensive trail network and championship golf course, surrounded by breathtaking alpine scenery.

Peterson Creek Park:
Located within city limits, Peterson Creek Park offers a convenient escape into nature for Kamloops residents and visitors alike. This urban park features a network of trails that wind through lush forests and along the banks of Peterson Creek. With its tranquil ambiance and diverse wildlife, it’s the perfect spot for a peaceful hike or leisurely stroll close to home.

McArthur Island Park:
Situated at the confluence of the North and South Thompson Rivers, McArthur Island Park is a recreational hub offering a wide range of activities for all ages. From sports fields and playgrounds to walking paths and picnic areas, there’s something for everyone to enjoy. Birdwatchers will especially appreciate the park’s diverse avian population, with opportunities to spot a variety of species in their natural habitat.

Harper Mountain:
Just a short drive from Kamloops, Harper Mountain is a popular destination for outdoor enthusiasts seeking adventure in every season. In the winter, the mountain offers skiing and snowboarding opportunities, while summer brings hiking, mountain biking, and scenic chairlift rides with panoramic views of the surrounding countryside.

Stake Lake:
Located south of Kamloops, Stake Lake is a hidden gem known for its tranquil setting and excellent recreational opportunities. In the winter, the lake transforms into a winter wonderland with groomed cross-country ski trails, while summer offers hiking, fishing, and wildlife viewing amidst the stunning Cariboo Mountains.

Lac Le Jeune Provincial Park:
Situated halfway between Kamloops and Merritt, Lac Le Jeune Provincial Park is a pristine wilderness area that beckons visitors with its serene lakes and lush forests. Outdoor enthusiasts can enjoy a variety of activities, including canoeing, kayaking, fishing, and hiking along scenic trails that meander through the surrounding landscape.

Kamloops Lake:
Stretching over 29 kilometers, Kamloops Lake offers endless opportunities for outdoor adventure. Whether you’re boating, fishing, or simply soaking in the scenic beauty, this expansive lake is a must-visit destination for water enthusiasts.

Juniper Ridge Bike Ranch:
Juniper Ridge Bike Ranch, is a premier mountain biking destination renowned for its diverse trails and stunning natural scenery. Nestled amidst the picturesque landscapes of the region, the ranch offers riders of all skill levels an exhilarating experience with purpose-built features, including berms, jumps, and technical sections. With ample parking, trailhead amenities, and a vibrant community atmosphere, Juniper Ridge Bike Ranch provides the perfect setting for riders to connect, challenge themselves, and immerse themselves in the thrill of mountain biking amidst the rugged beauty of Kamloops.

From urban parks to remote wilderness areas, Kamloops offers a wealth of recreational opportunities for outdoor enthusiasts of all interests and skill levels. Whether you’re seeking adrenaline-pumping adventures or peaceful moments in nature, you’ll find it all amidst the stunning landscapes of this vibrant city in British Columbia. So pack your gear, hit the trails, and discover the natural wonders awaiting you in Kamloops.

7 Essential Steps Divorcees Should Take Before Listing Their Home for Sale in Kamloops

Are you going through a divorce and considering selling your home in Kamloops? Divorce can be a challenging time, but taking the right steps before listing your property can help streamline the process and ensure a successful sale. Here are seven essential things divorcees should do before putting their home on the market:

  1. Communicate with Your Ex-Spouse: Before making any decisions about selling the house, it’s crucial to have an open and honest conversation with your ex-spouse. Discuss your options, preferences, and any concerns you may have regarding the sale of the property. Clear communication can help avoid misunderstandings and conflicts later in the process.
  2. Assess Your Finances: Divorce often brings significant financial changes. Before listing your home for sale, take the time to assess your financial situation. Determine how much you owe on the mortgage, any outstanding debts, and your current budget. Understanding your financial standing will help you make informed decisions about pricing and negotiations.
  3. Consult with a Real Estate Agent: Selling a home can be complex, especially during a divorce. Seek guidance from a reputable real estate agent in Kamloops who has experience handling divorce-related sales. A knowledgeable agent can provide valuable advice, assist with pricing strategies, and guide you through the entire selling process. In some cases, the sellers select their own listing agent to represent them in the sale. This is often done when both parties to the sale cannot get along, are not communicating or want their own separate representation.
  4. Prepare Your Home for Sale: First impressions matter when selling a home. Take the time to declutter, clean, and stage your property to make it more appealing to potential buyers. Consider making any necessary repairs or updates to enhance its marketability. A well-presented home is more likely to attract offers and sell quickly.
  5. Gather Necessary Documents: Assemble all relevant paperwork related to the property, including the deed, mortgage documents, property tax records, and any recent appraisals or inspections. Having these documents readily available will streamline the selling process and facilitate smooth transactions with potential buyers.
  6. Consider Your Future Housing Needs: Selling your home is a significant decision that will impact your future living arrangements. Take some time to consider where you’ll live after the sale and what type of housing arrangement will best suit your needs. Whether you’re planning to buy a new home, rent, or explore other options, having a plan in place will help alleviate stress during this transition.
  7. Call the Enjoy Kamloops Real Estate Group Sooner: Before you proceed any further, reach out to the Enjoy Kamloops Real Estate Group. Our team specializes in assisting individuals going through divorce navigate the complexities of selling their home. We understand the unique challenges you may face and are committed to providing personalized support every step of the way. By contacting us sooner rather than later, you’ll gain access to expert guidance and resources tailored to your specific situation.

Selling a home during a divorce or separation requires careful planning, communication, and support. By following these seven essential steps and enlisting the help of a trusted real estate professional like Kirsten or Kevin of the Enjoy Kamloops Real Estate Group, you can navigate the process with confidence and achieve a successful sale.

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