Posted on August 27, 2017 by Eric Putoto
Welcome to our August 2017 newsletter, your source for market updates and news about the Kamloops real estate market.
1,710 SQ FT. FOR $425,000
|Click Here for More Information on this Property
Hello from my grandsons Ashton & Lincoln
As we move into the eighth month of 2017, real estate sales in Kamloops in July were higher in 2017 than at this time last year, with 2,004 residential properties sold to date vs. 1915 in 2016. The number of new residential listings is lower than at the same as last year with 3,009 homes on the market vs. 3,395 last year at this time. There were 1,294 listings active, in comparison to 1,816 last year at this time. Of 336units sold last month, 266 were sold in Kamloops.
The median price for homes sold in Kamloops in continuing was $420,000 while the median for Kamloops and District was $400,000. These figures compare to $430,000 in May in the city vs. $412,000, while the rest were higher.
“Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that.” ~ Martin Luther King, Jr.
Sellers Michael & Patricia Kitamura recently sold a home in the area. Here is what they had to say about working with the Platinum Real Estate Team:
“We were skeptical at first when Eric told us he wouldn’t be advertising our home in the weekly newspaper and only use the internet to market his properties through his website and social media campaigns. To our pleasant surprise, there was immediate and sustained interest in our home as the showings did not slow down until we received an accepted offer. We actual receive three offers before deciding on the one that best served our needs. Eric told us we could get more for our home and we did! Interested parties came from as far away as Tumbler Ridge and Calgary. This was the first time we sold in 40 years and were not sure what to really expect, but Eric was extremely helpful and patient in navigating us through the experience of selling our home. We could not have been more pleased with Eric and how the sale came together. Thank you! Eric.” Michael & Patricia Kitamura