From Kamloops to the South Okanagan, real estate sales slumped in November compared to the same month last year, but prices across all housing types barely budged.<\/p>\n\n\n\n
According to numbers released by the Association of Interior Realtors today, Dec. 3, sales were down by five percent compared to the same month in 2024.<\/p>\n\n\n\n
However, while sales were down prices have hardly moved and in some markets and housing types prices have increased although sales were down.<\/p>\n\n\n\n
In the Central Okanagan, the price of a condo increased by 3% even though there were 24% fewer sales than in November 2024.<\/p>\n\n\n\n
Figures released in a recent Rennie Advance real estate report say more homes had been sold in the Central Okanagan by the end of November than in all of 2024.<\/p>\n\n\n\n
Sales of single-family homes in the Central Okanagan increased by 9%, while the benchmark price dropped by 2%.<\/p>\n\n\n\n
Townhomes in the Central Okanagan saw prices of 3.5%, while sales were a quarter of what they were in November 2024.<\/p>\n\n\n\n
The Central Okanagan also saw condo prices increase by 3%, while sales declined by 24%.<\/p>\n\n\n\n
The North Okanagan saw sales in its condo market slump by more than 30%, but prices increased, albeit, by 1%.<\/p>\n\n\n\n
In Kamloops, sales of condos increased 44%, but prices remained unchanged.<\/p>\n\n\n\n
The biggest decline in single-family home sales also took place in Kamloops, with sales down 17%. Prices, however, increased by 2%.<\/p>\n\n\n\n
The benchmark prices for a single-family home in Kamloops is $660,000. A townhome will set you back $505,000, and a condo is $367,000.<\/p>\n\n\n\n
In the Central Okanagan, the benchmark price for a single-family home is $1,021,000, a townhome is $753,000 and a condo is $487,000.<\/p>\n\n\n\n
The benchmark price for a single-family home in the North Okanagan is $740,000, while a townhome goes for $544,000 and a condo for $310,000.<\/p>\n\n\n\n
In the Southern Okanagan, the benchmark price for a single-family home is $756,000, a townhome is $522,000 and a condo is $430,000.<\/p>\n","protected":false},"excerpt":{"rendered":"
In some categories sales dropped significantly, but prices actually increased.<\/p>\n","protected":false},"author":292,"featured_media":7715,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"guid":"","source":"","byline":"","published":"","updated":"","_infotelid":"","_prepressid":"","_multisite_post_sync":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1680,541,543],"tags":[],"region":[322,323,324,325],"class_list":["post-7714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local","category-topnews","region-kamloops","region-kelowna","region-penticton","region-vernon"],"blocksy_meta":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/infonews.ca\/inhome\/news\/7714\/real-estate-sales-in-okanagan-kamloops-slump-but-prices-stay-stubborn\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Real estate sales in Okanagan, Kamloops slump, but prices stay stubborn","url":"http:\/\/infonews.ca\/inhome\/news\/7714\/real-estate-sales-in-okanagan-kamloops-slump-but-prices-stay-stubborn\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/infonews.ca\/inhome\/news\/7714\/real-estate-sales-in-okanagan-kamloops-slump-but-prices-stay-stubborn\/"},"thumbnailUrl":"https:\/\/infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-2025\/02\/orig-mediaitemid106075-5396.jpg?w=150&h=150&crop=1","image":{"@type":"ImageObject","url":"https:\/\/infonews.ca\/inhome\/wp-content\/uploads\/sites\/4\/inhome-2025\/02\/orig-mediaitemid106075-5396.jpg"},"articleSection":"Featured","author":[{"@type":"Person","name":"Ben Bulmer"}],"creator":["Ben Bulmer"],"publisher":{"@type":"Organization","name":"iNhome","logo":""},"keywords":[],"dateCreated":"2025-12-04T03:00:00Z","datePublished":"2025-12-04T03:00:00Z","dateModified":"2025-12-04T03:00:00Z"},"rendered":"