New Listing: 7123 Old Highway 5, Heffley, Kamloops, BC $614,900

Heffley Lake & Knouff Lake

7123 Old Hwy 5, Heffley, Kamloops Real Estate Sold

New Listing: 7123 Old Highway 5, Heffley, Kamloops, BC $614,900. Welcome to this immaculately kept 5 bedroom, 2 bathroom home situated on a pristine .71 acre lot in Heffley Creek.

On the main floor you will find a lovely kitchen that features stainless steels appliances, heated flooring and that looks out to stunning views of the North Thompson River & mountains. Off of the kitchen, step out onto the covered patio and enjoy access to the backyard & enjoy the beautiful views. The generous size living room features a natural gas fireplace and large windows that allow plenty of natural light to enter.

Additionally upstairs, you will find the main bathroom, master bedroom with 2 piece ensuite & additional bedroom. Downstairs you will find the rec room with side entrance, three bedrooms, laundry room, hobby room and plenty of storage space.

This private property features a hot tub, garden beds, 26×30 heated shop, covered RV parking, additional storage for toys & items, unlimited parking space and is a quick 30 minute drive to world class skiing and golfing at Sun Peaks Resort and just 20 minutes to downtown Kamloops.   

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BCREA Housing Market Update for June 2020

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

The BC Real Estate Association has released it’s latest BC market update for June 2020. BCREA Chief Economist Brendon Ogmundson discusses the May 2020 statistics. For BC overall the home sales increased month over month. The activity however, was well below the normal sales volume which was down 45% from May 2019. Active listings are also down 24% in the province year over year. They are classifying the present market as a balanced market in BC, but every region has their own market conditions in the province. In BC, home prices are up year over year.

For Kamloops specifically there was a 46.5% decline in the volume of sales with 175 sales reported for May 2020. The average price in Kamloops did increase 1.8% to $435,621. The number of active listings remains low, with a 15.9% decline year over year. There presently is 5.9 months supply of listings on the Kamloops market with 1,029 units for sale. May of 2019 saw an average price of $414,858 and 272 unit sales for the month. May 2019 also saw 4.1 months worth of supply and 1,116 active listings at that time.

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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New Listing: 333 Hollyburn Drive, Sahali, Kamloops, BC $409,900

Sahali

333 Hollyburn Dr, Sahali, Kamloops Real Estate Sold

New Listing: 333 Hollyburn Drive, Sahali, Kamloops, BC $409,900. Updated Sahali half duplex on desirable street with beautiful deck and yard space.

This home features 3 bedrooms on the main floor. The living space has an open floor plan with updated kitchen, appliances, flooring and paint throughout. There are lots of windows for natural light. The main floor bathroom is a 4 piece and is fully updated. One of the 3 main floor bedrooms leads to the back patio that is very private with pergola and stairs to the yard.

The basement level includes a large bedroom, family room, storage space and laundry. There is room to put a second bathroom in the basement (near the laundry room).

The yard is beautifully landscaped and includes a large storage shed, fully fenced yard and veggie garden.

Other features include updated hot water tank, newer washer and dryer and carport space for covered parking. Great home for an investor or first time home buyer. Day before notice for showings appreciated.

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Housing Market Activity Shows Signs of Recovery in May, BCREA

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Vancouver, BC – June 15, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 4,518 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in May 2020, a decline of 45.2 per cent from May 2019. The average MLS® residential price in BC was $728,898, a 3.2 per cent increase from $706,394 recorded the previous year. Total sales dollar volume in May was $3.3 billion, a 43.5 per cent decrease over 2019.

MLS Home Sales May 2020 Seasonally adjusted market activity BC Real Estate Statistics

“There were encouraging signs of recovery in May,” said BCREA Chief Economist Brendon Ogmundson. “While activity is still far below normal, both sales and listings are up significantly from April’s lows.”

New listings activity started to normalize around the first week of May, reversing a slide in total active listings. However, active listings are still down close to 24 per cent year-over-year and are more than 10,000 listings below where they would normally be in the spring months.

Year-to-date, BC residential sales dollar volume was down 6 per cent to $18.6 billion, compared with the same period in 2019. Residential unit sales were down 14.2 per cent to 24,695 units, while the average MLS® residential price was up 9.6 per cent to $753,155.

Housing Market Activity Around the province BC Statistics Information Kamloops Real Estate

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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