BC Housing Markets Heat Up as Summer Ends, BCREA

Vancouver, BC – September 14, 2020. The British Columbia Real Estate Association (BCREA) reports that a total of 10,172 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in August 2020, an increase of 42.8 per cent from August 2019. The average MLS® residential price in BC was $771,309, a 12.7 per cent increase from $684,093 recorded the previous year. Total sales dollar volume in August was $7.8 billion, a 61.1 per cent increase over 2019.

MLS Residential home sales August 2020 BC Real Estate sold property Kamloops realty

“Very strong provincial home sales continued in August,” said BCREA Chief Economist Brendon Ogmundson. “While pent-up demand from the spring is driving much of the increase, we anticipate a sustained strong level of sales through the fall.”

Total provincial active listings are still down more than 10 per cent year-over-year, with some markets even more under-supplied as the pandemic continues to keep listings low. As a result, prices are sharply rising around the province.

Year-to-date, BC residential sales dollar volume was up 15.8 per cent to $40.4 billion, compared with the same period in 2019. Residential unit sales were up 4.9 per cent to 53,336 units, while the average MLS® residential price was up 10.4 per cent to $757,504.

BC statistics information home sales around the province August 2020 sale stats Kamloops

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Kamloops District Real Estate Associations Statistics For August 2020

The Kamloops District Real Estate Association has released the latest Statistics for August 2020. With PDF documents included in the links.

MLS Activity Kamloops Real Estate Statistics Aug 2020

PDF: MLS Activity – Aug 2020

Comparative Analysis Kamloops Real Estate Statistics Aug 2020

PDF: Comparative Analysis – Aug 2020

Sales by Sub Area Kamloops Real Estate  Aug 2020

PDF: Sales by Sub Area – Aug 2020

Sales by Sub Area Out of Town Kamloops Real Estate Statistics Aug 2020

Sales by Sub Area Out of Town Kamloops Real Estate Statistics Aug 2020

PDF: Sales by Sub Area Out of Town – Aug 2020

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New Listing: 215-436 Lorne Street, South Kamloops, BC, $415,900

215-436 Lorne St, South Kamloops, Property off Market

New Listing: 215-436 Lorne Street, South Kamloops, BC, $415,900. Welcome to this spacious and well kept one of a kind two bedroom unit in the sought after Courtyard downtown Kamloops.

This exceptional unit features a bright open concept kitchen, living and dining room. The kitchen includes plenty of cupboard space to store all of your items and a pantry. Off of the dining room, step out onto the balcony that overlooks the courtyard and features Southern views of the mountains and city. Just off the living room, you will find the generous sized master bedroom that includes a walk in closet, second closet and 4 piece ensuite. Additionally you will find a second bedroom that makes for a great guest room, office or media room (doesn’t have a window), laundry room and second 4 piece bathroom. 1 secure underground parking stall and 1 storage locker included. 1 cat or 1 dog permitted with approval by strata. Fantastic location with walking distance to the Rivers Trail, shopping, restaurants & amenities. Book your private viewing today!

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New Listing: 748/754 Chaparral Place, South Kamloops, BC, $1,100,000

748 Chaparral Pl, South Kamloops, Kamloops Real Estate Off Market

New Listing: 748/754 Chaparral Place, South Kamloops, BC, $1,100,000. Lovely level entry rancher with stunning river, valley and mountain views from many windows of this home located on a private lot in a quiet cul-de-sac.

This property includes two titles, live in ultimate privacy with the adjoining lot included with this home. This home features a large foyer which leads to the sunken living room with custom stone fireplace which is open to the dinning room. There is access to the large patio off of the living space. The dining room leads to the kitchen with eat in nook area. The kitchen also includes quartz counters and natural gas range. The main floor features 2 bedrooms including a huge master suite with lots of closet space and a 3 piece ensuite. The master bedroom has a sitting space and access to the main patio. There is hardwood flooring throughout the living space and the main entry, kitchen and bathrooms have heated tile.

The basement level has suite potential with lots of room for a basement suite and room for the main floor to enjoy. There are beautiful views from the basement level and there’s a large family room, additional bedroom and office space. There is a lot of storage and many possibilities for the basement. The plumbing is roughed in for a suite in the basement.

There is access to the backyard from the main floor kitchen, the basement has access to a lower deck where there is a hot tub, a water feature pond with grass area. This home has so much to offer! The lot beside the home is also available for sale at $375k. Sellers will not sell lot before the sale of the home but would sell both together. Day before notice for showings.

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