The 5-Minute Rule for Dufferin Kamloops BC Real Estate, Homes, Condos for Sale

From time to time the City of Kamloops might have residential or commercial property for sale.  eXp Realty  are expected to evaluate the full plan provided and send a bid personally to the Development Engineering and Sustainability workplace located at 105 Seymour Street prior to the closing date and timeline. There are presently no residential or commercial properties available.

Details will be posted here as they appear. To find out more on home for sale, call the Realty department at .

The Kamloops housing market remains on a COVID tear with record high prices and sales volumes. "Buyers want to pay over the asking cost," stated Chelsea Mann, a real estate agent with Century 21 Desert Hills Realty, who is also the president of the Kamloops and District Property Association. "In the last number of months, our sales-to-list-price comparison has been above 100%.

The average market price of a multi-family home (condominium, townhouse or half-duplex) in Kamloops likewise set a record at $401,265 in April, up an impressive 38% from April 2020. An overall of 382 homes of all kinds offered in April a 244% spike over April 2020. That kind of dive is easy to understand given that April 2020 was the start of the pandemic and realty sales decreased dramatically.

All Kamloops Homes for Sale $300,000 – 400,000

Not known Facts About Castanet Kamloops: Kamloops News - News Kamloops

The pandemic forced lots of individuals to take stock of their lives and some of those people chose they required a bigger and much better house and others still decided to move from big cities like Vancouver, Calgary, Edmonton and Toronto to smaller cities and way of life destinations like Kamloops. Such demand heated up the real estate market and caused rates to escalate.

Record high average home price of $656K in Kamloops

Such a hot market means the stock of houses for sale is depleted, making what is on the market a lot more in need. "The lack of inventory is undoubtedly the most significant issue we have at the minute," said Mann.

House/ Separated Home For Sale Beds: 2 +2 Baths: 3 Sq. Feet: 3,376 View Listing.