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.
Kamloops Real Estate Comparative analysis by property type January 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.
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.
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.
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.
“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.
