Kamloops real estate market continues to be brisk
KAMLOOPS — More indication that we’re in a seller’s market in Kamloops as far as real estate is concerned.
A look at the July real estate figures show that 329 units sold last month, that’s a 13 percent jump from July of 2015. And not only is the volume up, but compared to July of last year, Real Estate Board President Katherine Rutherford says the average price is also up.
Rutherford says the median house price in Kamloops rose from $367,500 in July of last year to $414,000 this July. She says inventory is low for homes in that price range, but much better for homes in the $500,000 plus range.