The Kamloops Real Estate statistics for June 2015 has been released, showing better than expected sales, compared to June 2014. The number of single family residential sales was up by 91 units or approximately 30%. The Kamloops Median price for single family homes is still $380,000 - $100 higher than 2014. While these numbers are great, we feel that the market will remain very active, while conditions are very stable with a reasonable inventory.
One of the most active areas in June 2015 was Brocklehurst which had 32 sales in June compared to only 24 sales in June 2014. Dallas, South Kamloops, Juniper Heights, and Sahali all saw an increase of singly family residential sales compared to 2014. Aberdeen continues to show strong sales with 21single family residential sales with Valleyview, and Sun Rivers both dropping by 6 and 2 sales respectively. I think due in part to the limited selection in various price ranges that are most affordable.
There were total 3051 active listings (including lots, acreages, apartments etc) in Kamloops at the end of June 2015, which is a slight decline of active listings at the end of June 2014 (3204). Currently there are 763 single family homes for sale in the City of Kamloops.
As mentioned above, the current Kamloops & Area Real Estate market is stable; the second quarter stats for 2015 have been released. The number of Kamloops Residential Sales for 2015 is 618 homes, which is higher than 2014 (553 homes in the second quarter). The most popular area for homes sold in 2015 so far is Borcklehurst with (79 sales), with Aberdeen (69), Sahali (64), and Westsyde (63) trailing slightly behind. These numbers are similar to the second quarter in 2014 as Brocklehurst lead the way with (63 homes sold), Aberdeen (61), Sahali (61), and Westsyde (59).
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.