Kamloops Real Estate Market Stats: September 2021

September 2021 KADREA stats are in. This past September saw a 14.2% reduction in homes sold compared to September of 2020. This is not unexpected as September 2020 was the result of pent up demand from Covid-19 and saw some of the highest sales numbers we have ever seen.

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It's actually a good thing to see things a little slower than they were a year ago as this means things are not quite as frantic. That being said, the average sales price was up 11% over the same time last year. With such a limited supply of active listings, we are still having numerous bidding wars which in turn is driving up the average price.

Most of the buyers in this market are from out of town, likely…

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Most Expensive Neighbourhoods in Kamloops 

There are a lot of factors that go into deciding where to live. One major factor is the cost of living and what you can afford to spend on your monthly mortgage, utilities, groceries et cetera. Below we have ranked the five most expensive neighbourhoods in Kamloops according to data from Kamloops and District Real Estate Association (KADREA).

In this blog post, we will discuss how these areas compare with one another as well as offer some insight into each neighbourhood’s pros and cons. Whether you're looking for a starter home or something more luxurious, take a look at these neighbourhoods and see what they have to offer. So without further ado, let’s find out which neighbourhood has the…

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The Kamloops and District Real Estate Association (KADREA) reports that a total of 280 residential unit sales were recorded in August 2021. This is 21.3 per cent below the numbers that were recorded in August 2020, which was 365. The average MLS® residential price in the area was $574,425, up by approx. 26.1% from $455,262 recorded in the same month last year.

Total sales dollar volume in August stood at $160 million, a 0.7 per cent fall from 2020, which was $160.8 million. There were 378 new listings recorded by the Kamloops MLS® last month and there were 875 active listings in the Kamloops & district region, as of September 03, 2021. The active listings for Kamloops are at an all-time low for volume.

Typically Kamloops sees a lot of…

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Kamloops Home for Sale: #178-200 Grand Blvd $559,900


New Listing: Kamloops Real Estate

Imagine coming home to this beautiful, bright 2 story house with an 11 X 19'8 garage for your car. You'll have a lot of storage space in the walk-in closet and Caesarstone countertops too. This rare three-bedroom, 2.5 bathrooms,  two-story home in the Belmont bare land strata within the almost finished Orchards Walk master-planned development in Valleyview.

This new construction property is only one year old and has a number of upgrades including engineered hardwood on both levels, upgraded carpeting on stairs with LED under cabinet lighting and closet organizer upgrade to include roller vertical blinds for convenient living area privacy as well as garage…

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heffley real estate ranch

This 280+ acre property at 6541/6675 Heffley Louis Creek Road has sold!

The 80 acres +/- has two titles and the balance is treed. Louis Creek crosses the property and Fadear Creek borders it to the south. This property comes with 2 water licenses that ensure a plentiful supply of fresh, clean water for your livestock or crops. The Crown land access from this acreage means you can ride on ATVs, hike through lush forests filled with wildlife like deer, elk herds or bears as well as explore new fishing lakes without having to leave home! You'll be just 30 minutes away from Sun Peaks Resort (and all its amenities) while still being an hour's drive from Kamloops which offers many more family-friendly attractions including outdoor recreational activities…

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The Year Tobiano Sold Out

2021 will likely go down in history as the year that Tobiano real estate finally sold out. I am not sure who tracks this other than myself, but this is a big deal. Back in 2006, when I first joined the marketing team with Sotheby's, we had about two years of tremendous sales as that was the lead up to the late 2008 real estate market crash. Once that crash happened, I was the only agent to stick it out at Tobiano and slowly watched our annual sales go from 5 units to 10 to 15 to 20+ per year. We sit at July 26th, 2021 and have already sold 77 properties since January 1st, 2021. Those sales have ranged from a $189,000 building lot to a $1.65 million home on the Bluff. Here is a recap of where the various real estate projects…

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HOME FOR SALE IN KAMLOOPS - 815 PINE STREET


Looking for a new home in Kamloops? This post will give you an introduction to the 815 Pine Street property that is currently on the market. It will take you through all of the details about this beautiful house, and how it can become your home! It's never been easier to find your dream home with us!

About 815 Pine Street

Location, Location, Location...check out this 1913 Rancher Home across from Lloyd George Elementary school, blocks away from the hospital, and close to the downtown core. This 1210 square foot, 3 bedrooms, 2 bathroom level entry home is ready for all of your creative renovation talents. The home sits on an irrigated, 40 X 120 lot and has back lane access for your new garage…

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Kamloops Real Estate Stats: June 2021 vs. June 2020


The Kamloops real estate market continued to simmer down in summer as unit sales show only a 10% rise compared to June of 2020. The Kamloops market typically sees a slow down in the summer months so this was predicted. We did anticipate an uptick in sales once the government opened up travel restrictions again so we may see a bump up in sales for the month of July as those deals move towards completion. I temper that comment with the fact that we have had some major forest fire activity in the Kamloops area so this may keep some buyer's at bay as well until those get under control. 

Supply remains an issue in the Kamloops market. For 6 months now we have seen a reduction in supply compared to…

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Come check out this basement-entry 3 story, 1906 sqft, 3 bedroom, 2.5 bathrooms, half-duplex home in the Lake Star development at Tobiano. This 12-year-old home has only been slept in a handful of times so it's pretty much brand new. The open concept main floor has a nice open chef's kitchen with stainless steel appliances, a gas range, and easy access to the SW facing back patio. The living area has a gas fireplace and opens up to a large composite deck facing Kamloops Lake and Bruker marina.

The upstairs boasts a nice large master bedroom suite with 2 additional bedrooms and a laundry room. The basement has a large 2 car garage and huge storage and mechanical room. The Lake Star complex has a clubhouse building with an outdoor pool, hot tub, full…

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home rendering

Home for Sale in Juniper - 2140 Lupin Crt

Brand new Fidanza Build in Juniper Heights with estimated completion in 2022 featuring high-end finishings, modern design, backing on to green space with a legal 2 bedroom finished suite. Home feats tile & vinyl plank floors. The main floor is an open great room concept with large gourmet kitchen featuring stone counters, appliance package, soft close cabinets. Large dining room with 10ft vaulted ceilings open to the living area which features 7ft windows to enjoy the valley views. The main floor includes 3 bedrooms, master has a large ensuite with a walk-in shower, heated tile & double sinks & a large walk-in closet. Two additional large bedrooms, 5pc main bathroom. Bedroom/office off basement…

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