July 2025 Kamloops Real Estate Update: Condo vs Townhouse vs House – Which Sells Fastest?

The Kamloops real estate market is showing sharp contrasts between property types. Condos are leading the pack with the fastest turnover, while townhouses are seeing longer selling times, and detached homes sit in the middle. For buyers and sellers, knowing these differences is critical to making smart moves in a changing market.

Kamloops Housing Market at a Glance (July 2025)

The Kamloops housing market update for July 2025 shows more activity than last summer, with both sales and listings on the rise. This means buyers now have more choice, while sellers face a market that’s no longer moving at the frantic pace of 2021–2022 but still shows solid demand.

Key facts from July 2025:

• Sales: Overall home sales rose about 13% year-over-year, signalling stronger demand across property types.
• Inventory: Active listings climbed to 1,506 homes (+5.8% YoY), giving buyers more selection.
• Prices: Detached homes averaged ~$673,000 (+2.2% YoY), townhouses ~$533,000 (+1.3% YoY), and condos ~$363,000 (–6.0% YoY).
• Days on Market (DOM): Condos sold in about 40 days, single-family homes in 54 days, and townhouses in 63 days.

The overall takeaway: Kamloops has shifted into a more balanced environment. Condos are attracting budget-conscious buyers quickly, detached homes are moving steadily, and townhouses are taking longer due to higher inventory.

Action step: If you’re buying, take time to shop around—there’s more inventory than last year. If you’re selling, recognize that pricing and timing matter more than ever, since some property types are moving faster than others.

Days on Market Comparison – Condos, Townhomes, vs. Detached Homes

When you compare how quickly different types of homes are selling, the July 2025 Kamloops real estate update reveals clear winners and laggards. Condos are the fastest movers, detached homes hold the middle ground, and townhouses are lagging behind.

Condos: Fastest Sales in the City

Condominiums are currently the hottest segment in Kamloops. In July, condos averaged 40 days on market (DOM)—more than two weeks faster than detached homes and over three weeks faster than townhouses. This marks a 23.7% improvement year-over-year, as the average time dropped from ~52 days in July 2024. The surge in affordability-driven demand has pulled more buyers into this category, resulting in quick turnovers.

If you’re considering buying a condo, be ready to act quickly. Pre-approval and fast decision-making are key in this segment. Sellers, meanwhile, can expect solid buyer interest, provided units are priced competitively.

Townhouses: Slower Moving This Year

Townhouses, once on par with other property types, are now the slowest to sell. The average DOM in July 2025 rose to 63 days, a 23.5% increase from ~51 days a year ago. With 165 active listings (+18% YoY) but fewer sales (28 sold, down 20% YoY), buyers now have more choice and less urgency. Sellers are facing tougher competition in this segment.

Buyers can use the slower townhouse market to negotiate—longer listing times often mean more flexibility. Sellers should consider sharper pricing or incentives to stand out.

Single-Family Homes: Steady Pace and Why It’s Mid-Pack

Detached homes continue to sell at a balanced pace. July data shows an average of 54 days on market, up slightly from ~50 days in July 2024 (+8.8%). With sales up 13.6% YoY and inventory up 5.8%, this segment has avoided the extremes seen in condos and townhouses. Houses remain attractive to families and move-up buyers, keeping them in the mid-pack.

Buyers should expect steady competition in the detached market—homes won’t disappear overnight, but desirable listings still move in under two months. Sellers can aim for a timely sale by pricing just below competitive thresholds.

Year-Over-Year Trends (July 2024 vs July 2025)

A year can completely reshape the real estate landscape, and Kamloops is no exception. In July 2024, condos, townhouses, and single-family homes all sold in roughly the same timeframe—about 50–52 days on average. By July 2025, the rankings flipped: condos pulled ahead dramatically, while townhouses slowed the most.

Key takeaways from the year-over-year comparison:

• Condos: From slowest in 2024 to fastest in 2025, thanks to price corrections and surging demand.
• Townhouses: Sales dropped while inventory grew, creating longer wait times for sellers.
• Detached Homes: Held steady, with modest price and sales growth keeping them mid-market.

The divergence in 2025 highlights a reshuffling of buyer priorities: affordability has driven demand toward condos, while townhouses are caught between being too expensive for budget-conscious buyers and less appealing than detached options.

Buyers should pay attention to these shifts when planning offers. Sellers should benchmark against 2024 trends to set realistic expectations about timing and price.

Why Condos Are Selling Faster Now

Condos have become the star of the Kamloops real estate market this July. With the shortest selling times of any property type, they’re attracting buyers faster than sellers can keep up.

Affordability is the driving force. The benchmark condo price fell to $363,100, about 6% lower than July 2024. This price correction made condos the most accessible option compared to detached homes ($673,000) or townhouses ($533,000). In a year of high borrowing costs, buyers on tighter budgets are gravitating toward the lower entry point.

The buyer pool has expanded. First-time buyers, downsizers, and even investors are snapping up condos. Sales surged nearly 50% year-over-year (23 in July 2024 → 34 in July 2025), far outpacing growth in other property types. Despite a 33% increase in condo inventory (207 active listings), demand was strong enough to reduce days on market by almost two weeks.

Faster turnover signals urgency. Well-priced condos often receive multiple offers within days. Local Realtors report that buyers see condos as the best value in Kamloops right now, especially when mortgage affordability is stretched. This combination of affordability, larger buyer pool, and competitive pricing explains why condos are selling about three weeks faster than townhouses and two weeks faster than detached homes.

If you’re a buyer targeting condos, get your financing pre-approved and be ready to move quickly. Sellers should highlight affordability advantages and market competitively—buyers are motivated, but still price-sensitive.

Why Townhouses Are Taking Longer

Townhouses have slipped into the slow lane of the Kamloops real estate market in July. While they once sold at a pace similar to condos and detached homes, this year they’re taking the longest to move.

Inventory is outpacing demand. Active townhouse listings rose to 165—an 18% increase year-over-year—while sales fell 20% to just 28 units. With nearly six months of inventory available, buyers have plenty of choice and little urgency to act. This imbalance has pushed the average days on market up to 63, the slowest of all property types.

Prices are edging into an awkward middle ground. The benchmark townhouse price crept up slightly to $532,900, putting many units close to the cost of entry-level detached homes. For budget-conscious buyers, condos look more attractive. For families stretching their budgets, detached homes often win out. That leaves townhouses caught in a “middle child” position—neither the cheapest nor the most aspirational option.

Buyer preferences are shifting. First-time buyers who might have once aimed for townhouses are leaning toward condos to save money. Downsizers, meanwhile, often prefer smaller condos with less upkeep. Add in competition from new-construction townhouses, and it’s clear why buyers are taking longer to commit.

Buyers interested in townhouses can leverage this slower segment to negotiate more favourable terms. Sellers need to be realistic—staging, competitive pricing, and creative incentives (like offering to cover initial strata fees) may be necessary to attract offers in this softer market.

What It Means for Buyers and Sellers

The Kamloops housing market is balanced overall, but your experience depends heavily on the property type you’re dealing with. Condos are moving quickly, detached homes are selling steadily, and townhouses are taking the longest. Understanding these differences helps you set the right expectations and strategy.

For Buyers: Navigating a Balanced Market

For buyers, conditions vary depending on what you’re targeting:

• Condos: You’ll face competition. With sales up nearly 50% and average time-to-sell at 40 days, you’ll need pre-approval and readiness to act fast.
• Townhouses: The slower market works in your favour. With 63-day averages and high inventory, you may have more room to negotiate on price or terms.
• Detached homes: At around 54 days on market, this segment is steady. Expect less competition than in condos, but be prepared to move if a well-priced home appears.

Decide your property type first, then align your approach. Be quick and decisive on condos, patient and strategic on townhouses, and balanced when buying detached homes.

For Sellers: Timing and Strategy by Property Type

Sellers should tailor their strategy to current conditions:

• Condo sellers: Leverage strong demand, but remember buyers are price-sensitive. Priced right, your unit could sell in just over a month.
• Townhouse sellers: Patience and strategy are crucial. Overpricing risks sitting well beyond the 63-day average. Consider sharper pricing or incentives to attract buyers.
• Detached home sellers: Expect a 1.5–2 month sale cycle. With sales up 13% year-over-year, demand is steady, but competition among listings means strategic pricing is still key.

Consult a Realtor familiar with neighbourhood-level data. Micro-trends within Kamloops—such as specific price brackets or popular areas—can determine whether your property sells quickly or lingers.

FAQs about Kamloops Real Estate Trends

Homebuyers and sellers often have the same questions when market conditions shift. Here are the most common queries about the Kamloops real estate market July 2025, with clear, data-backed answers.

Is it a buyer’s or seller’s market in Kamloops now?

Overall, Kamloops is in a balanced market. Detached homes lean slightly toward sellers (sales-to-list ratio ~21%), condos sit in balanced territory, and townhouses lean toward buyers due to higher inventory and slower turnover.

How long does it take to sell a condo in Kamloops?

As of July 2025, the average condo sells in about 40 days, down from ~52 a year earlier. Well-priced units can move even faster, sometimes in just a few weeks.

Are Kamloops home prices going up or down?

It depends on the property type. Condos dropped about 6% year-over-year, while detached homes (+2.2%) and townhouses (+1.3%) saw modest increases.

How long to sell a house in Kamloops in 2025?

A single-family detached home takes roughly 54 days on average to sell, slightly slower than in July 2024. Well-priced homes in popular neighbourhoods may sell faster.

Why are townhouses taking longer to sell?

Townhouses face both higher inventory (+18% YoY) and reduced demand (sales down 20%). With more choice and less urgency, buyers are taking longer to commit, pushing the average time-to-sell up to 63 days.

What’s driving faster condo sales in Kamloops?

Affordability is the main factor. With average prices around $363,100 (–6% YoY) and sales up nearly 50%, condos are drawing first-time buyers, downsizers, and investors—leading to faster absorption despite higher inventory.

Use this data to guide your decisions. Buyers can time their moves based on property type, while sellers should price strategically for today’s conditions.

Conclusion – Key Takeaways for the Months Ahead

The Kamloops real estate market July 2025 shows a clear split between property types. Condos are selling the fastest at around 40 days on market, thanks to affordability and strong buyer demand. Detached homes remain steady, averaging 54 days, while townhouses have slowed to 63 days, weighed down by rising inventory and shifting buyer preferences.

For buyers, this means more choice and less pressure than in past years—especially in the townhouse segment. For sellers, it means strategy matters more than ever. Pricing correctly and aligning with today’s market realities can make the difference between a timely sale and a lingering listing.

As the market balances out, the key is to stay informed and adaptable. If you’re considering a move, take stock of your property type’s position in the market and plan accordingly.

The next months could be pivotal for both buyers and sellers.

You can reach out to us for personalized guidance based on your goals and neighbourhood. A tailored strategy is the best way to turn market trends into your advantage.