Posted on May 23, 2017 by Eric Putoto
Welcome to our May 2017 newsletter, your source for market updates and news about the Kamloops real estate market.
As we move into the fifth month of 2017, real estate sales in Kamloops in March were higher in 2017 than at this time last year, with 927 residential properties sold to date vs. 895 in 2016. The number of new residential listings is lower than at the same as last year with 1,500 homes on the market vs. 1,842 last year at this time. There were 1,198 listings active, in comparison to 1,761 last year at this time. Of the 325 units sold last month, 253 were sold in Kamloops.
The median price for homes sold in Kamloops in continuing was $427,500 while the median for Kamloops and District was $395,000. These figures compare to $400,000 in December in the city vs. $385,000, while the rest were higher.
Nearly 61% of the homes that sold in April sold in 7 areas:
“You can’t make positive choices for the rest of your life without an environment that makes those choices easy, natural, and enjoyable.”— Deepak Chopra
After having our house on the market for over 7 months with a different real estate agent, we decided to interview Eric and hired him immediately. We learned more in our initial meeting with Eric than our entire previous listing experience. Before re-listing Eric helped us prepare our home properly and had a professional photographer in to take photos. After listing with Eric at a slightly higher price than our initial asking price, our home sold in 17 days for 98.5% of asking price!! We are happy to refer all our friends and family to consider the Platinum Process Home Selling System and list with Eric Putoto.
Amelia & Cody Hilton