The Kamloops residential real estate market continued to defy expectations in September, bucking the typical autumn slowdown with solid gains in sales and listings—signaling renewed buyer confidence and market resilience.

According to the latest data from the Association of Interior REALTORS®, Kamloops recorded 222 residential sales in September, a slight uptick from 220 in August and a 23.3% increase year-over-year. The region-wide numbers echoed this strength, with 1,242 homes sold across the Interior—representing a 17.8% increase compared to September 2024. “The Kamloops market is showing impressive resilience,” said Kadin Rainville, President of the Association of Interior REALTORS®. “Staying near the long-term average in these conditions highlights the strength and confidence in the market.”

Local REALTOR® Sees Return of Confidence

Kamloops realtor Quinn Pache confirmed the recent surge in activity reflects broader economic shifts, especially the easing of interest rates and improved consumer confidence. “The Kamloops market definitely rebounded after the spring,” said Pache. “As interest rates dropped and economic uncertainty eased, both buyers and sellers re-entered the market. We’ve seen activity across the board—single-family homes, townhouses, and condos all saw sales jump by over 25% in September compared to last year.”

Pache added that the increased activity is also encouraging homeowners to list their properties. “With more sales signs turning into sold signs, people are asking themselves: ‘What can I get for my house?’ The balanced conditions—with more inventory and less competition—are giving people the confidence to make moves.”

Listings on the Rise, Inventory Balances Market

Kamloops saw 440 new residential listings in September, marking a 5% increase year-over-year. Total active listings across the region rose nearly 10%, a trend that’s helping to create a more balanced market. “We’re seeing a much healthier marketplace,” Pache noted. “There’s more to choose from, and buyers aren’t feeling the pressure of competing with five or six offers. It’s giving people the time and space to find the right fit.”

This increase in inventory is contributing to a market that remains stable, even as transactions increase. “The fact that figures are stronger than last year, with active listings rising and sales keeping pace, is an encouraging indicator that the market is gaining strength and stability,” Rainville said.

Prices Holding Steady, Townhomes in High Demand

Despite the rise in sales, home prices have remained relatively stable:

• Single-family homes saw a negligible 0.1% decrease to $661,900

• Townhomes dropped 3.2% to $508,600

• Condominiums increased 3.0% to $378,600

Pache emphasized the stability in the single-family market, noting that despite increased activity, prices haven’t surged—thanks to balanced supply. “Even though sales are up, prices are holding steady. We’ve seen average prices for single-family homes staying between $655,000 and $675,000, which is actually a good sign—it means the market isn’t overheating,” he said.

Townhomes, meanwhile, are moving faster than other property types—averaging just 45 days to sell, compared to nearly 70 days for single-family homes and condos. “Townhomes are incredibly popular right now,” said Pache. “That’s largely due to price points. Some great units are available between $350,000 to $450,000—levels we haven’t seen in a few years. It’s a sweet spot for people looking to downsize, get out of apartments, or buy their first home.”

Looking Ahead: Stable Fall, Promising Spring

As for what’s next, Pache expects the market to maintain its balance through the fall, with the usual seasonal slowdown closer to the holidays. “Heading into late fall, we’ll probably see a slight drop in both inventory and buyer activity,” he said. “Some sellers will pull listings and wait for the spring. But if rates stay on track and no major economic shocks hit, we’re in for a strong 2026 spring market.”