Residential sales activity in Kamloops slowed in the first quarter of 2025 compared to the first quarter of 2024.
Residential property sales numbered 463 units in the first quarter of 2025, down 12 sales compared to the same quarter in 2024.
Sales slowed 15% for single detached homes, were down 5.5% for townhouse and row units, and were up 12.9% for apartment units compared to a year earlier in the first quarter.
Summary - Sales by Housing Type | |||
---|---|---|---|
Category | Q1-2025 | Q1-2024 | Year-over-year % change |
Single Detached | 233 | 274 | -15.0 |
Townhouse/row | 69 | 73 | -5.5 |
Apartment | 70 | 62 | 12.9 |
Summary – Median Price by Housing Type | |||
---|---|---|---|
Category | Q1-2025 | Q1-2024 | Year-over-year % change |
Single Detached | $680,000 | $642,000 | 5.9 |
Townhouse/row | $493,800 | $530,000 | -6.8 |
Apartment | $360,000 | $374,950 | -4.0 |