Within the Kamloops and District region, there were 87 residential unit sales recorded for the month of December, down from the 153 recorded in November 2023 and down 6.5% from December 2022’s unit sales. There were 133 new listings in December in the Kamloops and District region, which was an increase of 19.8% compared to December 2022, and down from November 2023’s 273 new listings.
Overall inventory, or active listings saw an increase of 11.4% compared to December 2022, coming in at 740. Activity for December was still relatively consistent with past December’s but it was at a slightly lower level. There was an increase in overall listings so that should help with sales numbers in the coming months.
The benchmark price saw increases in all housing categories compared to December 2022, with the highest percentage increase in the condominium category up 5.4%, coming in at $375,500. The benchmark price for townhomes and single-family homes increased 3.6% and 5.1% respectively in year-over-year comparison, coming in at $521,200 for townhomes and $650,000 for single-family homes.
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