Kamloops District Real Estate Statistics For April 2023

The Association of Interior Realtors has released the latest Statistics for February 2023. Click on the image below to enlarge or PDF documents included in the links below.

Analysis of MLS Activity - April 2023 Kamloops Real Estate Statistics

PDF: Analysis of MLS Activity – April 2023

Comparative Analysis by Property Type - April 2023 Kamloops Real Estate Statistics

PDF: Comparative Analysis by Property Type – April 2023

Residential Sales by Sub-Area - April 2023 Kamloops Real Estate Statistics

PDF: Residential Sales by Sub-Area – April 2023

Residential Sales by Sub-Area (Out of Town) - April 2023 Kamloops Real Estate Statistics

PDF: Residential Sales by Sub-Area (Out of Town) – April 2023

Markey Summary - April 2023 Kamloops Real Estate Statistics

PDF: Markey Summary – April 2023

Statistic Summary - April 2023 Kamloops Real Estate Statistics

PDF: Statistic Summary – April 2023

For Previous Monthly, Quarterly & Annual Statistics click here.

To View our current listings click here

BC Housing Market Expected to Strengthen Later This Year

BCREA 2023 Second Quarter Housing Forecast

Vancouver, BC – May 2, 2023. The British Columbia Real Estate Association (BCREA) released its 2023 Second Quarter Housing Forecast today.

Multiple Listing Service®(MLS®) residential sales in BC are forecast to decline 6.6 per cent to 75,530 units this year. In 2024, MLS® residential sales are forecast to post a strong rebound, rising 19.3 per cent to 90,100 units.

“An uptick in home sales to start the spring, despite still high mortgage rates, indicates how much pent-up demand there is in the market waiting to be unlocked,” said BCREA Chief Economist Brendon Ogmundson. “With the Bank of Canada on hold and fixed mortgage rates still stubbornly high, home sales are unlikely to fully normalize this year.”

While home sales remain close to 25 per cent below normal, the inventory of homes for sale has not accumulated significantly as potential sellers have held off on listing their homes in a down market. While significant uncertainty surrounds the economic outlook, the current market shows no signs of financial vulnerability or highly motivated sellers. As sales recover into a low inventory market, prices will likely begin to rise month-over-month and finish the year higher than at the start. However, on an annual basis, average prices are still expected to be down about 6.1 per cent from a record high in 2022.

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.

New Listing: 305-775 McGill Rd, Sahali, Kamloops, BC $539,900

New Listing: 305-775 McGill Rd, Sahali, Kamloops, BC $539,900. Meticulously maintained spacious 1,190 square foot two bedroom, two bathroom Landmark 2 condo featuring an open floor plan, storage locker and one assigned parking stall.

When you walk into the unit the condo feels very open and roomy. The foyer has a large double closet and room to place a bench or furniture. The kitchen is to the right of the main entry and has a large centre island, stainless steel appliances and granite countertops.

The main living space is bright with a large dining space which can be used as both office/workspace and still accommodate a large dining table. The living room overlooks the covered west facing patio and there are a lot of windows for natural light.

This unit has a nice separation of bedrooms from living space, down the hall there is a linen closet, laundry and 3-piece main bathroom. The primary bedroom has his and her closets leading to the large ensuite with a separate shower and soaker tub. Both the primary bedroom and second bedroom are a good size and will fit a decent amount of furniture.

This unit shows very well, it has been owner occupied since it was new. Carpets recently professionally cleaned. Quick possession possible.

Parking stall B11 storage locker across the hall from the unit measures 4’1 x 7’11 (unit 3E). Located steps to TRU, shopping and transportation. Everything is minutes away!

Click Here to view more photos of this home.

To view all homes for sale in Kamloops click here.

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New Listing: 42-1263 Kootenay Way, South Kamloops, BC $464,900

42-1263 Kootenay Way, South Kamloops, Real Estate for Sale

New Listing: 42-1263 Kootenay Way, South Kamloops, BC $464,900. Great 3 bedroom plus den double wide home with a large 16×28 wired detached shop.

This home features an open kitchen that leads you right to the dining room and living area which has lots of natural light from the large windows and features vaulted ceilings. There is a deck area off of the dining room that is fully covered (sellers enclose during the cold months and enclosure can be removed).

There are 3 large bedrooms and a den in this home. The den is open to the living room space but could be a 4th bedroom. The primary bedroom features a large ensuite with soaker tub and separate shower. There is a main 3 piece bathroom with walk in shower.

The home itself features tons of parking and room for an RV. There is a large wired detached shop. This home is outfitted with 200 amp service, a fenced yard and storage sheds. There is access to the side yard through the large laundry room or off of the back patio.

Day before notice appreciated for showings. No showings before 3pm. Longer possession preferred. Pad rent $400 per month.  

Click Here to view more photos of this home.

To view all homes for sale in Kamloops click here.

To view more about the neighborhood click here.

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