Kamloops home sales jump in March

By Jill Sperling
April 2, 2016 - 1:58pm Updated: April 2, 2016 - 11:27pm

KAMLOOPS — Home sales are up in Kamloops despite there being fewer properties on the market. 

President of the Kamloops and District Real Estate Association Katherine Rutherford says residential unit sales were up 28 per cent in March compared to the same time last year. However, Rutherford says inventory is down. 

She says the median price for a home in March was $368,000, down from $378,000 in February. 

"We're seeing lots of activity, and our price has come down a bit," said Rutherford. "I think that's reflective of those lower priced homes that are selling. It's a hot price range."

"Anything between $240,000 and $360,000 is a very hot price range."

Rutherford says the real estate hot spots continue to be the neighbourhoods of Sahali, Brocklehurst, and Aberdeen. She adds there were 20 sales in Sun Peaks in March. 

Sun Peaks wrapping up possible record setting season

Join the Discussion

We are happy to provide a forum for commenting and discussion. Please respect and abide by the house rules: Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards. See full commenting rules.