Kamloops Real Estate Market Stats: October 2021
The KADREA market stats for the month of October show another strong month in the single-family and multi-family sales markets but we did see a substantial reduction in single-family units sold. For the month of October, there were 189 single-family homes sold, down 16% from the same month last year.
For the same time period, we had an increase in listings so this shows that there is some pressure on sales the higher the asking price climbs. The average sales price for October was$619,265.00 which is a whopping 33% increase from the same month last year.
High consumer demand continues to drive sales but it's the supply that's holding the entire market back. This is leading…
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