The Kamloops District Real Estate Association has released the latest Statistics For December 2020, 4th Quarter and 2020 Year End. Click on the image below to enlarge or PDF documents included in the links below.
The current BCREA Housing Market update was recently released. BC Real Estate Association Chief Economist Brendon Ogmundson discusses the November 2020 statistics.
Sales reached highs again setting another record for the month of November. Sales up 42.1% over 2019. Listings remain low and new listings are quickly being absorbed. Strong sales continue to push the market solidly into the sellers market zone. This market condition has created an increase of 9.3% year over year with an average MLS Residential price of $816,000.
In Kamloops there were 262 unit sales for the month of November which is a 30.3% year over year change. The average price of a home rose 11.2% to $486,276. There were 1002 active listings in the month of November which is a 0.6% year over year change. This equates to 3.8 months of inventory.
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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BCREA has released it’s latest Housing Market Update for November 2020. BC Real Estate Association’s Chief Economist Brendon Ogmundson discusses the October 2020 statistics.
Home sales in BC hit a monthly record and it was the 4th consecutive month with over 10,000 sales in the province. Supply of homes are still trending lower across BC, total active listings are down 14%. BC is solidly in Sellers Market territory. When this happens it often results in acceleration of prices to the upside. Buyers have preferred properties with more space causing the average price to increase 12.5% year over year to $812,000 due to more single family home sales.
In Kamloops, there were 337 unit sales for October 2020 which is a 23.4% change year over year. The average price also increased 11.4% to $466,113. The number of active listings for October was 1,173 which is a 5.5% increase over the year before. There is 3.5 months worth of inventory.
Click here to visit to BCREA’s website. To view other statistics for the Kamloops and BC real estate market click here.
If you want to be kept informed on Kamloops Real Estate, News and more visit our Facebook Page.
To search for Kamloops real estate and homes for sale click here.