HonestDoor

    Sagebrush, Kamloops - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Kamloops, Sagebrush

    Sagebrush, Kamloops: Your Neighbour Isn't Telling You This About Home Prices

    If you own property in Sagebrush and you're still going off your last BC Assessment notice, you're working with old information. The market has moved. Here's what's actually happening on your street right now.

    The Vibe: What's Going On in Sagebrush

    The short version: we're in a market that's sending mixed signals, and you need to know which ones to trust. Houses and condos are telling two very different stories right now, so let's break them apart.

    Houses in Sagebrush

    The average house sale price hit $826,067 this month - that's up 12.9% from last month. That's a big jump. But before you pop the champagne, here's the context: buyers are still paying about 97 cents on the dollar of list price, and homes are sitting on the market for an average of 105 days. That's a long time. Even though we're faster than Lower Sahali at 110 days, 105 days means you need patience and a sharp price from day one.

    • Average sale price: $826,067 (up 12.9% month over month)
    • Average list price: $851,600
    • Price per square foot: $313
    • Sale-to-list ratio: 97.13% - buyers are negotiating
    • Average days on market: 105 days
    • Properties sold this period: 3 (down 25% from last month)
    • Predicted market value: $735,073
    • Rental yield: 5.19% - that's a strong return for landlords
    • Estimated monthly rent: $3,384

    One number to watch: the predicted market value of $735,073 is actually sliding below the 3-month moving average of $742,010. Prices popped this month, but the underlying trend is softening. Growth ranks 19 out of 27 neighbourhoods in Kamloops - that puts us in the lower half of the leaderboard. This market is taking a breather.

    Condos in Sagebrush

    Condos are a different story, and honestly a more interesting one for investors. The HonestDoor Price for condos here is sitting at $1,089,537 - up 2.17% from the previous period. That's real upward movement. The predicted market value is $1,066,355, which is climbing above the 3-month moving average of $1,043,934. That's the direction you want to see.

    • Average HonestDoor Price: $1,089,537 (up 2.17%)
    • Average sale price: $333,900 (up 17.2% month over month)
    • Average list price: $344,900
    • Price per square foot: $363
    • Sale-to-list ratio: 96.81%
    • Average days on market: 21 days
    • Estimated monthly rent: $3,955
    • Rental yield: 3.30%
    • Airbnb rank in Kamloops: 7th out of all neighbourhoods

    Twenty-one days on market is fast. Condo growth ranks 8 out of 27 in Kamloops - that puts us solidly above average on the neighbourhood leaderboard. If you own a condo here, the momentum is on your side right now.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment

    Here's the thing about your BC Assessment: it's a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it's already months out of date. The market doesn't wait for government paperwork.

    The HonestDoor Price updates in real time. For houses in Sagebrush, the average HonestDoor Price is $727,935 - that's 0.83% higher than the average assessed value of $721,926. It's not a massive gap right now, but that gap can widen fast when the market shifts. For condos, the HonestDoor Price of $1,089,537 is the number that reflects what buyers are actually doing today - not what an assessor estimated last summer.

    Think of your assessment as the sticker price on a used car lot. The HonestDoor Price is what the car actually sold for down the street last week. One of those numbers helps you make a real decision. The other one just sits in a filing cabinet.

    The "So What?" - Thinking About Selling This Summer?

    If you're a house owner in Sagebrush and you're thinking about listing this summer, here's the honest take: the sale price jump this month is encouraging, but 105 days on market and a growth rank of 19 out of 27 tell you this isn't a frenzy. Buyers have options and they know it. Price it right from the start - homes that chase the market down after a stale listing cost their owners more in the end.

    If you own a condo, the window looks better. Fast days on market, rising predicted values, and a top-8 growth ranking in Kamloops means you have some leverage. The Airbnb rank of 7th in the city is also worth noting if you're weighing a short-term rental strategy before selling.

    Either way, the first thing to do is pull your HonestDoor Price at HonestDoor.com. It takes 30 seconds and gives you the real-world number - not the one the city printed six months ago. That's your starting point for any conversation with a realtor, a buyer, or your own kitchen table math.

    • Total transactions in Sagebrush in 2026: 19
    • Properties assessed this year: 910
    • Transaction rank in Kamloops: 11th - a mid-sized, active neighbourhood
    • Neighbourhood overall growth: -0.01% year over year
    • Average Airbnb rate: $167 per night (houses), $199 per night (condos)

    Sagebrush is a steady, established part of Kamloops - not the fastest mover on the leaderboard, but not falling behind either. Know your number, price it sharp, and you'll be fine.

    sagebrush | kamloops | august 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

    Sign up for our newsletter

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

    Core

    Home

    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


    © 2026 HonestDoor, Inc. All rights reserved.