Within the Kamloops and District region, there were 266 residential unit sales recorded last month, up from the 235 recorded in May and up 11.8% compared to June 2024’s unit sales. This is the first month in a while that has shown such an increase in sales volume year over year.
There were 560 new listings recorded last month in the Kamloops and District region, which was an increase of 8.9% compared to June 2024, yet down from May’s 606 new listings.
Overall inventory, or active listings, saw an increase of 4% in year-over-year comparison, coming in at 1,498 listings. This shows us that there is an increased number of active listings year over year which is positive for a buyer focused market.
The benchmark price, a better representation of value compared to the average or median price as it represents a dwelling of “typical attributes”, saw a percentage increase of 4.6% in the single-family housing categories compared to June 2024, coming in at $682,200.
The benchmark price for townhomes and condominiums saw decreases of 0.6% and 2.3% in year-over-year comparison coming in at $536,800 and $373,000 respectively. Overall this is a positive sign that more buyer’s are making the move to purchase a property. Let’s see what July stats have to say.
*Stats provided by the Association of Interior Realtors.
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