Kamloops Real Estate Update: Summer Trends, Price Resilience, and the Next Potential Economic Boost.

As we pass the midway mark of 2026, the Kamloops and District real estate market is displaying an interesting blend of summer momentum, healthy inventory growth, and an economic announcement that could shape our region for years to come.

If you are navigating the market as a buyer, seller, or local homeowner, here is a breakdown of the three key trends defining Kamloops real estate right now.

1. Buyers Gain Leverage as Active Listings Reach Yearly Highs

For the first half of 2026, the biggest challenge for buyers was navigating limited options. However, inventory has steadily increased month over month, reaching 1,481 active residential listings. This surge in selection is excellent news for anyone looking to enter the market, as it removes the frantic urgency of previous years and gives buyers the time they need to conduct proper due diligence.

Interestingly, this rise in inventory hasn't cooled competition everywhere. The townhouse market is highly active, with sales jumping 16.1% year-over-year. Buyers are intensely focused on affordability, reacting quickly to a minor 5.8% correction in the townhome benchmark price (now sitting at $506,500) and snapping these properties up in an average of just 45 days.

2. Detached Single-Family Values Show Persistent Strength

If you currently own a single-family detached home in Kamloops, your asset remains highly resilient. Even though detached sales experienced a minor summer cooldown in transactional volume, the benchmark price remained insulated, climbing to $684,300 which is a 1.2% gain compared to last summer.

The primary takeaway for single-family sellers right now is the timeline. The average number of days to sell a detached home has risen to 51 days. The buyers are out there, but with more inventory available on the market, they are taking their time to compare properties before making an offer.

3. The New West Coast Pipeline Corridor: A $450M Local Precedent

Beyond the monthly statistics, the most significant news impacting the future of Kamloops real estate comes from a major federal and provincial announcement. Prime Minister Mark Carney and Alberta Premier Danielle Smith have fast-tracked a new oil pipeline project designed to move oilsands crude from Alberta to the B.C. coast. Crucially, the chosen path will follow the existing Trans Mountain corridor directly through Kamloops.

For the Kamloops housing market, industrial expansions of this magnitude serve as massive economic anchors. Data from Venture Kamloops highlights that the previous Trans Mountain expansion injected $450 million in direct spending into the Kamloops area, with out-of-town workers spending an estimated $40 million locally during peak construction years.

A second pipeline corridor could ensure years of localized construction employment, extensive corporate spending, and a predictable influx of workers requiring local housing. Historically, major infrastructure developments like this create highly competitive rental markets and place steady upward pressure on entry-level housing values.

The Bottom Line

The Kamloops market has found a healthy, balanced rhythm. Buyers have more homes to choose from, entry-level properties are priced realistically for today's borrowing environment, and our broader local economy may receive a an substantial upcoming boost if this pipeline corridor goes through.

Want to know how these shifting trends affect your home's equity or your buying power? Reach out today for a complimentary, customized market assessment of your neighbourhood.

The latest stats are officially in from the Kamloops and District Real Estate Association, and if you’ve been relying on national news headlines to figure out what’s happening with home prices, I have some news for you: the local reality looks a lot different than the national narrative.

Whether you are looking to buy or sell a home in Kamloops this summer, you need context to navigate this market safely. Let’s skip the guesswork and dive into the top three local trends happening right now as of June 2026.

Trend #1: The Townhouse Surge 

Affordability is absolutely driving the bus right now. If you look back at the March 2026 data release, townhouse sales exploded—increasing by 51% year-over-year.

As we moved into April and May, sellers noticed, and a massive wave of new townhouse inventory hit the market to meet that demand. But here is the kicker: even with all those new options hitting the market for buyers, the benchmark price didn't drop. It actually crept up to $580,000.

What does that tell us? Regular working families want a home. But with where the market is at right now, people are choosing to compromise on the big backyard so they can still get the square footage they need. Townhouses are the absolute sweet spot in Kamloops right now for pure value.

The Reality Check for Detached Sellers: Meanwhile, single-family detached homes stayed on a similar flat trend and even dipped just a tiny bit in April and May. This is a highly value-driven market, and pricing correctly is still the absolute key to getting an early offer.

Trend #2: The Condo Market Flip 

This is what I call the "wait and see" buyer flip. Back in March, the condo and apartment market looked like a total ghost town. Sales were down over 35%, and people were sitting on their hands waiting for prices to crash.

But fast forward to the May 2026 stats, and condo sales suddenly surged up 15% year-over-year, while the average days to sell dropped by 10%.

Why the sudden flip? Because buyers finally ran out of patience. They realized prices weren't crashing, this isn't Vancouver or Toronto, and in fact, the condo benchmark price actually ticked up a bit in May to nearly $379,000. Once people realized the sky wasn't falling, everyone who was hiding on the sidelines jumped back into the market all at once.

The Silver Lining: If you are actively looking for a condo, now is actually a pretty good time. The investor market is still mostly sidelined because they aren't getting the cap rates they want, and there is still a decent amount of inventory available to get a good deal.

Trend #3: The "No One Kamloops Market" Rule 

If you take away anything from this update to plan your next move, make it this: there is no single "Kamloops market." Real estate is incredibly hyperlocal.

When you look at the neighborhood breakdowns from the May 2026 stats, the numbers are wild:

• Aberdeen saw single-family home sales jump up over 45%—a massive month.

• Sahali saw a staggering 80% spike in apartment sales.

• North Kamloops saw detached home sales get cut clean in half back in April.

So, when a neighbor tells you "the market is slow" or "the market is crazy," you really have to ask yourself: where?

Let's Map Out Your Strategy

One thing I’ve learned in this business is that consistency trumps everything, and having the right local data is the only way to get true clarity.

If you’re thinking about making a move in the next 12 months, let’s skip the guesswork. Shoot me an email or drop a comment below. Let’s sit down for 20 minutes, look directly at your specific neighborhood, and map out exactly what buying or selling a home in 2026 looks like for you.

Thanks for reading, and I'll see you in the next update!

The first quarter of 2026 in Kamloops told a pretty clear story. It started slow — really slow. January was tough, and there's no other way to put it. But by the time March rolled around, something shifted. Buyers came back. Sales went up. Days on market came down. And for the first time in 2026, we beat last year's numbers.

I'm pulling the official stats from the Association of Interior Realtors and giving you my honest read on what it all means — whether you're thinking about selling, buying, or just keeping an eye on the market here in Kamloops and Sun Peaks. 

Quick Stats at a Glance:

• 90 total sales in January (▼ 35.3% year over year)

• 152 total sales in February (▼ 3.8% year over year)

• 202 total sales in March (▲ 9.2% year over year)

• Single family benchmark price: $675,400 in March

• Days to sell: dropped from 91 days in January to just 50 days in March

 The Big Picture: How Q1 Played Out

January was down 35% compared to the same month last year — that's a significant number. There was a lot of inventory sitting on the market, buyers were cautious, and homes were taking a long time to move. But here's the important part: prices didn't fall apart. The benchmark price for a single family home in Kamloops held at $660,300 in January — actually up 5.1% from January 2025. The market was quiet, but it was still trading at solid values.

February was a recovery month. We got back to almost flat year over year — down less than 4% — which told me the demand was there, it just needed time to wake up. Then March delivered. 202 total residential sales, up 9.2% over March 2025. First month this year where we beat last year. That's a real signal. 

Q1 Total: 444 homes sold across Kamloops and District in the first three months of 2026. 

Single Family Homes 

This is the backbone of the Kamloops market, and it's where I saw the most encouraging story this quarter.

 Benchmark Price

Prices held steady all quarter and kept a gradual upward trend:

• January: $660,300 (▲ 5.1% year over year)

• February: $661,000 (▲ 2.2% year over year)

• March: $675,400 (▲ 2.1% year over year) 

That kind of consistency when sales volume was down in January is actually a really good sign. It tells you the sellers who were trading priced it right, and buyers were willing to meet them there.

 Sales Volume

• January: 44 sales (▼ 25.4% year over year)

• February: 68 sales (▲ 1.5% year over year)

• March: 97 sales (▲ 24.4% year over year) 

97 single family sales in March — up nearly 25% from last year. That's not a blip. That's buyers making moves.

 Days to Sell

Here's the stat every homeowner should pay attention to:

• January: 91 days

• February: 72 days

• March: 50 days 

That's a 45% reduction in days on market in just two months. When days to sell drop that fast, it means buyers are making decisions faster — and that's a window you want to be in front of, not chasing.

Townhouses

Townhouses had one of the strongest quarters in terms of momentum. Sales were soft in January but came back hard.

• January: 13 sales (▼ 35.0% year over year)

• February: 27 sales (▲ 17.4% year over year)

• March: 44 sales (▲ 51.7% year over year) — Benchmark Price: $498,100 

44 townhouse sales in March, up over 50% from last year. That's real demand in the entry-to-mid market price point. The benchmark at $498,100 is down slightly from last year, which means buyers are finding value here — and they're responding to it. 

If you own a townhouse and you've been thinking about selling, this is a market you can work with — as long as you price it right from day one. 

Condos & Apartments 

I want to be straight with you here — the condo segment is the one to watch closely in this report. It's telling a different story than the rest of the market, and if you own a condo in Kamloops it's important to understand what you're working with. 

• January: 18 sales (▼ 25.0% year over year) — Benchmark: $386,000

• February: 16 sales (▼ 27.3% year over year) — Benchmark: $370,700

• March: 18 sales (▼ 35.7% year over year) — Benchmark: $360,100 

Sales volume has been consistently soft all quarter. And benchmark prices have been declining — down 5.4% year over year in March. That's a trend worth paying attention to. 

What this means practically: if you own a condo and you want to sell, this is not the market to start high and come down. You need to price sharp from day one. The buyers that are active in this segment are patient, they've got options, and they know exactly what things are selling for. The listings that are sitting are the ones that got greedy on price — and they're paying for it in extra months on the market and eventual price reductions. 

No showings after a reasonable amount of time means one thing: the price is wrong. In this segment right now, you don't have room to test the market. 

Sun Peaks Resort 

Sun Peaks operates on a different rhythm than the Kamloops primary market. It's driven by recreation buyers — people making a lifestyle decision, not just a housing decision. That means the buying season looks different, and Q1 is naturally quieter up there. Spring and summer is where Sun Peaks really activates. 

March benchmark prices at Sun Peaks:

• Single Family: $860,800 (▲ 6.7% year over year)

• Townhouse: $862,100 (▼ 3.3% year over year)

• Condo / Apartment: $468,400 (▼ 8.2% year over year) 

Single family prices at Sun Peaks are up 6.7% year over year — a strong signal for that segment. Townhouses and condos have pulled back a bit, which gives buyers some room to work with. 

If you're a Sun Peaks owner thinking about selling, the spring-to-summer window is your prime opportunity. Recreation buyers typically start their search once ski season winds down and they're planning for the following winter. Getting your property positioned before that wave hits is the smart play. 

What This Means If You're Selling 

The market is picking up — that's the honest read from the Q1 data. Buyers are back. Sales are up. Days on market are dropping. Dollar volume in Kamloops in March was up 18.7% year over year. 

But here's what I want to be clear about: this is not 2021 or 2022. Buyers have more options now. They're more selective. They'll walk away from a home that isn't dialed in on price or preparation — and they won't feel bad about it because there are five other listings they're already looking at. 

The homes that are winning right now are the ones that come to market sharp, well-prepared, and priced based on what things are actually selling for today — not what a neighbour listed for six months ago. Homes that sell in the first two weeks consistently get close to full asking price. Every week on the market after that costs you equity. 

My advice: if you're planning to list this spring, take the time to get your preparation plan done properly. Don't rush a listing to market before it's ready. Price it right from day one. And when you go — go hard. Build the anticipation, get the marketing dialed in, and drive an offer in those first couple of weeks. That's where the money is. 

What This Means If You're Buying 

You've still got more leverage than you did a few years ago — but that window is starting to close, at least in the single family segment. You're not walking into bidding wars on every home you look at. 

The best opportunities right now are listings that have been sitting on the market for 60 to 90 days with a motivated seller. Those conversations can go really well for a buyer who comes in with a clean, well-structured offer. 

On the flip side — when a fresh, well-priced listing hits the market, don't wait on it. Homes are moving in 50 days now, and that pace is only going to pick up as spring heats up. 

Q1 2026 Summary 

Single Family Homes:

March Sales: 97 (▲ 24.4% year over year)

March Benchmark Price: $675,400

March Days to Sell: 50 

Townhouses:

March Sales: 44 (▲ 51.7% year over year)

March Benchmark Price: $498,100

March Days to Sell: 53 

Condos & Apartments:

March Sales: 18 (▼ 35.7% year over year)

March Benchmark Price: $360,100

March Days to Sell: 77 

Total Residential (All Types):

March Sales: 202 (▲ 9.2% year over year)

Active Listings (March): 1,186

New Listings (March): 486

Dollar Volume (March): $122.9 million (▲ 18.7% year over year)

 Source: Association of Interior Realtors — Kamloops & District Region. All benchmark prices exclude lakefront and acreage single-family homes. Percentages reflect change from the same period in 2025. 

Thinking About Making a Move? 

Whether you're thinking about listing this spring or you're trying to figure out what your home is worth right now, I'm always happy to pull the specific numbers for your neighbourhood and have a real conversation about your situation. No pressure, just straight talk. 

Reach out any time. I'm here. 

Jeremy Reid

Listing Agent · Kamloops, BC & Sun Peaks Resort

250.320.1554

jeremyreidrealestate.ca

6weekssold.ca

jeremy@jeremyreidrealestate.ca

What the latest numbers mean for buyers and sellers right now

The November 2025 Kamloops real estate statistics show a market that remains stable, data-driven, and opportunity-rich for both sellers and strategic buyers. While sales softened slightly heading into winter, pricing across most property types held steady. In several neighbourhoods, benchmark values continued to edge upward. Inventory levels remain balanced, keeping Kamloops firmly in a neutral-to-slightly-favouring-buyers environment as we head into 2026.

Here’s a full breakdown of what’s happening in the market.

1. Overall Market Snapshot for Kamloops & District

In November, the Kamloops region reported:

• 168 residential sales (down 3.4% year-over-year)

• $102.6M in total sales volume (up 1.7%)

• 1,112 active listings (down 0.7%)

• 220 new listings (down 18.2%)

What this means:
Despite a slight dip in unit sales, total volume increased, confirming that prices have remained resilient. New listings dropped significantly, tightening supply as we move into the winter season — a trend that often sets the stage for stronger early-spring activity.

2. Single-Family Homes in Kamloops: Prices Hold Firm

Single-family homes continue to anchor the Kamloops market.

• 77 sales (down 17.2%)

• Benchmark price: $659,800 (up 1.8%)

• Average days to sell: 76 days (up 28%)

• Inventory: 483 active listings (steady at +0.2%)

The takeaway:
Even with fewer sales and longer days on market, prices increased year-over-year, indicating consistent buyer demand for detached homes. The rise in days to sell also highlights the importance of pricing strategy — especially entering winter, where precision matters more than ever.

3. Townhomes: Slight Price Softening but Strong Interest in Key Areas

Townhouse performance in November:

• 22 sales (down 8.3%)

• Benchmark price: $504,400 (down 4.7%)

• Days to sell: 68 days (up 27%)

• Inventory: 141 units (up 14.6%)

The takeaway:
Townhomes remain desirable, especially for young families and downsizers, but price sensitivity has increased. Higher inventory gives buyers more choice, which is contributing to the softer pricing compared to last year.

4. Condos & Apartments: Strongest Performer This Month

Condo and apartment activity surged:

• 23 sales (up 43.8%)

• Benchmark price: $367,100 (up 0.1%)

• Days to sell: 98 days (up 92%)

• Inventory: 169 units (up 15%)

The takeaway:
Condos were the only major segment to show a significant increase in transaction count, driven by affordability and demographics shifting toward low-maintenance living. While days on market spiked, prices remained flat, indicating stable demand.

5. Neighbourhood Highlights Across Kamloops

Here are some of the most notable sub-market trends from the November report.

Pineview Valley

• Single-family: $777,700 (up 3.7%)

• Townhouse: $486,000 (down 1.7%)

• Apartment: $366,500 (up 0.8%)
  

Pineview continues to be one of Kamloops’ most stable mid-range markets, with steady pricing and consistent buyer interest.

Aberdeen

• Single-family: $863,000 (up 0.7%)

• Townhouse: $547,700 (down 2.9%)

• Apartment: $358,700 (down 0.4%)
  

Aberdeen remains a premium neighbourhood with strong long-term value. Single-family homes performed best, while attached homes saw mild downward adjustments.

Sahali

• Single-family: $793,100 (up 2.0%)

• Townhouse: $396,100 (down 2.2%)

• Apartment: $443,500 (up 0.7%)
  

Sahali continues to show balanced growth, with apartments notably holding strong due to central location demand.

Sun Peaks

• Townhouse: $886,400 (down 3.4%)

• Apartment: $486,900 (up 2.4%)
  

Sun Peaks apartment inventory continues to see high turnover through early ski season, keeping prices competitive.

South Kamloops

• Single-family: $670,100 (up 0.5%)

• Apartment: $340,700 (up 0.5%)
  

South Kamloops remains steady and extremely desirable due to walkability and proximity to amenities.

6. What This Means for Sellers in Kamloops

• Prices remain stable across much of the market

• Fewer new listings means less competition

• Longer days on market make strategy more important

This is absolutely a market where getting your home sold within the first six weeks makes a major difference — homes that linger tend to sell for less and require more aggressive price reductions later.

Your pricing strategy, presentation, and early-stage marketing push matter more than ever this time of year.

7. What This Means for Buyers

Buyers continue to benefit from:

• More selection in the townhome and condo markets

• Less competition than peak-season months

• Stable pricing that makes budgeting predictable

If you’ve been waiting for the right moment, winter often delivers negotiating room without sacrificing value.

Final Thoughts: A Balanced Market Heading Into 2026

The November 2025 statistics show a Kamloops market that is steady, resilient, and data-driven. While sales volumes dipped slightly, property values have remained consistent which is a positive sign heading into a new year.

If you'd like a personalized breakdown of how these trends affect your neighbourhood or your home value, you can request a Free Home Analysis from me at anytime.