Posted on December 22, 2017 by Eric Putoto
Welcome to our December 2017 newsletter, your source for market updates and news about the Kamloops real estate market.
Seasons greetings to all my clients! Here’s to a great 2018!
2,454 SQ FT. SQ FT. FOR $499,000
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Kamloops Market Update
As we move into the twelfth month of 2017, real estate sales in Kamloops in November were higher in 2017 than at this time last year, with 3,150 residential properties sold to date vs. 3,017 in 2016. The number of new residential listings is lower than at the same as last year with 4,394 homes on the market vs. 4,715 at this time. Of 222 units sold last month, 155 were sold in Kamloops.
The median price for homes sold in Kamloops in continuing was $430,000 while the median for Kamloops and District was $395,000. These figures compare to $445,000 in August in the city vs. $405,000, while the rest were higher.
Popular Areas in Greater Kamloops
Nearly 74% of the homes that sold in November sold in 7 areas:
Inspirational Quote of the Month
“Christmas is not a time nor a season, but a state of mind. To cherish peace and goodwill, to be plenteous in mercy, is to have the real spirit of Christmas.” Calvin Coolidge
Sellers Leo & Mary Gillich recently sold a home in the area. Here is what they had to say about working with the Platinum Real Estate Team:
We were very impressed with Eric’s Platinum Process Home Selling System! Eric walked us through all of the important home selling principles and fundamentals that would position our home to sell for its highest value. Our sold in 35 days for 97.5% of our asking price! Everything about the sale of our played out just like Eric had planned for it to happen, we could not have expected more and were completely satisfied with our home selling experience.
Leo & Mary Gillich