Posted on December 12, 2016 by Eric Putoto
Welcome to our December market update newsletter, your source for news about the Kamloops real estate market.
Thanks for your help!
Thank you to all you who attended my annual Wine Tasting!! We were able to collect 88 lbs of food and $55.00 for the Food Bank. They were pleased and asked me to thank you all.
|As we move into the last month of 2016, real estate sales in Kamloops in November were higher in 2016 than at this time last year, with 3,021 residential properties sold to date vs. 2,459 in 2015. The number of new residential listings is greater than at the same as last year with 4,715 homes on the market vs. 4,684 last year at this time. There were 1,202 listings active, in comparison to 1,537 last year at this time. Of the 209 units sold last month, 156 were sold in Kamloops.
The median price for homes sold in Kamloops in November was $417,300 while the median for Kamloops and District was $355,000. These figures compare to $405,000 in October in the city vs. $375,000, while the rest were higher.
Nearly 71% of the homes that sold in November sold in 8 areas.
Inspirational Quote of the Month
Our greatest strength lies in the gentleness and tenderness of our heart…. – Rumi