The Kamloops Real Estate statistics for July 2015 has been released, showing very similar results, compared to July 2014 with 210 homes sold in July 2015 compared to 213 sold in July 2014. The Kamloops Median price for single family homes is still $367,500 - $500 higher than 2014. While these numbers are great, we feel that the market will remain very active, and reasonably stable over the next few months as the Federal Election ramps up.
One of the most active areas in July 2015 was Sahali which had 37 sales compared to only 24 sales in July 2014. Aberdeen continues to show strong sales, along with Brocklehurst, North Kamloops, and Valleyview. All areas seem to be very comparable to sales in July 2014. Although South Kamloops and Westsyde both dropping by 9 and 6 sales respectively. I think due in part to the limited selection in various price ranges that are most affordable.
There were total 3097 active listings (including lots, acreages, apartments etc) in Kamloops at the end of July 2015, which is a slight decline of active listings at the end of July 2014 (3327). Currently there are 780 single family homes for sale in the City of Kamloops. Relatively speaking there is still some good inventory available if you're in the market to buy a house.
In the meantime, if you have any questions about the information provided or about the Kamloops Real Estate market please feel free to gives us a call and one of our experienced Team Members will be happy to answer any of your questions or concerns. Also, please check out our website at www.homesinkamloops.com.