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Kamloops Home Sales Jump 11.5% as Inventory Falls in October 2026

November 14, 2026 by akarpiak Leave a Comment

The Kamloops real estate market picked up in October, with sales climbing month over month and compared to the same time last year.

Kamloops and District recorded 213 residential sales during the month, up from 189 in September and 11.5% higher than October 2025. That increase came as the number of new listings fell, creating a noticeably tighter market than we saw a month earlier.

There were 347 new listings in October, down from 446 in September and 9.9% lower than a year ago. Active inventory also declined to 1,271 listings, 3% below October 2025.

That combination of stronger sales and lower inventory suggests buyer demand remains steady across the Kamloops market.

Kamloops and District October Statistics

  • Residential sales: 213, up from 189 in September and 11.5% year over year
  • New listings: 347, down from 446 in September and 9.9% year over year
  • Active listings: 1,271, down 3% year over year

October’s numbers are encouraging, especially compared with other markets that are still struggling to build momentum.

Kamloops continues to benefit from relative affordability compared with many larger British Columbia markets. Inventory has not increased as quickly as buyer activity, which has helped keep conditions fairly stable even amid broader economic uncertainty.

Kamloops Home Prices Remain Steady

Benchmark prices changed only modestly compared with October 2025.

  • Single-family homes: $651,800, down 0.4% year over year
  • Townhomes: $511,900, up 1.6%
  • Condominiums: $359,200, down 2.5%

The strongest year-over-year movement came in the condominium market, but even there the decline remained relatively modest.

Single-family home prices were almost unchanged from last October, despite increased sales activity. Townhomes posted a slight gain, continuing to show resilience in a market where buyers remain conscious of both price and monthly carrying costs.

A More Competitive Market for Well-Priced Homes

October reinforces what we have seen throughout much of 2026: buyers are active, but they remain selective.

Homes that are priced appropriately for current conditions can still attract strong interest. Properties that come to market above what buyers perceive as fair value may take considerably longer to sell.

For sellers, the drop in new listings is worth watching. Fewer properties came onto the market in October at the same time sales increased, reducing some of the competition for homeowners considering a sale.

For buyers, lower inventory can mean less choice, particularly in neighbourhoods or property types that already see consistent demand. A well-priced home may still move quickly even though the broader market is not experiencing the intense competition of several years ago.

October was a stronger month for Kamloops real estate. Sales increased, inventory declined and benchmark prices remained relatively stable. Unless inventory begins to build substantially, those conditions should continue to support a balanced market heading toward the end of the year.

Statistics provided by the Association of Interior REALTORS®.

If you would like to discuss what the October numbers mean for your Kamloops neighbourhood or your own buying or selling plans, contact Andrew Karpiak for a more detailed look at the local market.

Filed Under: Market Reports

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