July 2026 Market Report: Steady Conditions Persist in Kamloops Real Estate, Says Association of Interior REALTORS

Association of Interior REALTORS - Kamloops — July 2026

In July 2026, the Kamloops real estate market recorded 1,496 residential sales, reflecting a 12.1% decrease year-over-year. The composite benchmark price stands at $671,400, marking a 1.9% increase compared to the same month last year.

Market Analysis

The Kamloops real estate market continues to exhibit stable conditions, with total sales down slightly from June's 1,547 to 1,496 in July. This represents a 2.2% decrease compared to the same month last year. New listings have also decreased, with 2,569 recorded in July, down from 2,963 in June and a 12.1% decline year-over-year. Active listings total 9,630, indicating a 7.8% decrease from July 2025, which suggests a tightening inventory in the market. The months of inventory stands at 6.4, reflecting a balanced market favoring buyers, yet not overly saturated with listings.

Property Type Analysis

Currently, specific benchmark prices for property types such as detached homes, attached/townhouses, and apartments are not available. However, the overall market conditions indicate a steady demand across various property types, with buyers continuing to engage in the market despite the slight decline in sales. The absence of significant price fluctuations suggests that buyers are finding value in the current offerings, even as inventory levels remain lower than desired.

Regional Highlights

In the broader Interior region, residential sales totaled 1,496 in July, down from 1,547 in June. The Kamloops and District region specifically saw 254 residential unit sales, a decrease from 271 in June and a 1.6% decline year-over-year. New listings in this region also fell to 457, down 10.6% from July 2025, indicating a continued challenge in meeting demand with sufficient supply.

For Buyers

For buyers navigating the current market, it is advisable to remain proactive and prepared. With inventory levels lower than ideal, potential buyers should be ready to act quickly when suitable properties become available. Engaging with a local REALTOR® can provide valuable insights and help buyers identify opportunities that align with their needs.

For Sellers

Sellers are encouraged to leverage the current market conditions by pricing their homes competitively. With demand still present and inventory levels tight, well-priced homes are likely to attract interest. Working with a knowledgeable REALTOR® can assist sellers in effectively marketing their properties and maximizing their sale potential.