Mid June 2025 Real Estate Market Report

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Mid June 2025 Real Estate Market Report

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📊 Kamloops Real Estate Market Update – June 19, 2025 What’s happening in the Kamloops real estate market right now: Sales are down 13% compared to this time last year. 235 homes sold in May. So far in June (as of June 18), 156 sales have taken place. We’re on pace for 230–240 sales this month, which is in line with a normal June. Seasonal Trends: February to June are typically the busiest months for sales. July slows down, usually making up just 6–8% of annual sales. Inventory Levels: 2,152 homes are currently listed for sale in Kamloops. In May, we added 610 new listings, but only sold 235 homes. That means buyers have lots of options and more leverage. Right now, we have about 10 months’ worth of inventory on the market. If you’re selling: Only 10% of homes are selling each month. Pricing your home correctly is key to getting offers. Selling Stats: Average days on market: 48 days Homes are selling for just over 96% of list price High-End Market Snapshot: 273 homes currently listed over $1 million Only 23 sold in the last 30 days 93 new listings over $1M came to market in the same time The million-dollar market is slower and more competitive If you’re thinking of buying or selling—or just curious about your home’s value—reach out anytime. I’m always happy to help.