New Listing: 109-1655 Ord Road, Brocklehurst, Kamloops, BC $67,900

Brocklehurst
109-1655 Ord Rd, Brocklehurst, Kamloops Homes Sold

New Listing: 109-1655 Ord Road, Brocklehurst, Kamloops, BC $67,900. Cute mobile home located on a nicely landscaped lot. This home features two bedrooms and a four piece main bathroom. The main living space is quite spacious with a pass through to the living room.

Other features include vaulted ceiling, fully fenced yard and small addition that makes the second bedroom a little bit larger. There is a covered deck and the yard features raised bed gardens and grass for your pets. Quick possession possible.

Click here to view more pictures of this home.
To view all homes for sale in Kamloops click here.

BCREA Housing Market Update, December 2018

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

BC Real Estate Association (BCREA) Chief Economist Cameron Muir discusses the November 2018 statistics.

Home sales across the province were down in November in comparison to the same time last year. December sales are expected to show the same pattern. Saying that, 2017 was a year where the number of active listings were at a historical low. This is one of the reasons for such an active market.

In Kamloops we have seen a similar pattern but not as pronounced as what is being experienced in the Lower Mainland areas. For November 2018, Kamloops was down 5% for the number of sales year over year and 11.4% in terms of dollar value. We are seeing more listings coming on the market in the Kamloops area, although we are still relatively low in inventory. There has been an increase in the number of listings by 4.8% giving our market 4.6 months worth of supply.

While the market appears to be calming down, the statistics show that Kamloops is experiencing much less dramatic market adjustments in comparison to other areas.

New Listing: 405 Monarch Court, Sahali, Kamloops, BC $424,900

Sahali
405 Monarch Crt, Sahali, Kamloops Homes for Sale

New Listing: 405 Monarch Court, Sahali, Kamloops, BC $424,900. Great family home with gorgeous view, located in a cul-de-sac and has a large yard. 

Don’t let this home fool you, it is much more spacious than it appears! This unique floor plan has so much to offer with a great room open floor plan overlooking the view. There is access to the back deck off of the living space on the main floor. The home is a front back split level with 3 bedrooms on the main level and an additional bedroom in the basement.

The basement area features tons of storage, it walks out to a patio and has a huge family room. This home also features a single car garage,workshop, large yard that is fully fenced and is ready for your ideas.

Click here to view more pictures of this home.
To view all homes for sale in Kamloops click here.

BC Home Sales Continue at Slower Pace, BCREA

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

Vancouver, BC – December 14, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,179 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in November, down 33.1 per cent from the same month last year. The average MLS® residential price in BC was $718,903, a decline of 1.9 per cent from November 2017. Total sales dollar volume was $3.7 billion, a 34.3 per cent decline from November 2017.

BC Home Sales November December 2018

“BC households continue to struggle with the sharp decline in purchasing power caused by the B20 mortgage stress test,” said Cameron Muir, BCREA Chief Economist. “Most BC regions are now exhibiting relative balance between supply and demand.”

Total active residential listings were up nearly 31 per cent to 33,500 units in November, compared to the same month last year. However, it should be noted that this compares to 2017, when active listings for the month of November were at their lowest level in more than 15 years.

Year-to-date, BC residential sales dollar volume was down 23.1 per cent to $53.4 billion, compared with the same period in 2017. Residential unit sales declined 23.6 per cent to 74,847 units, while the average MLS® residential price was up 0.7 per cent to $713,302.

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