Sagebrush, Kamloops - July 2026 Real Estate Report

Sagebrush, Kamloops: Your Home Is Worth More Than the City Thinks

If you own a home in Sagebrush and you have not looked at your HonestDoor Price lately, here is the short version: the city says your house is worth one thing, the real world says something different - and the gap matters when you are making a big financial decision.

The Vibe Right Now

Sagebrush is a neighbourhood of about 910 assessed properties sitting in a market that is taking a breather. Sales activity has slowed, prices have dipped from recent highs, and buyers are getting a bit more leverage than they had before. That is the honest picture. But "cooling" does not mean "crashing" - it means the market is recalibrating, and smart owners are paying attention.

Houses: What Is Actually Happening

If you have been watching the "For Sale" signs in Sagebrush, here is what the numbers are telling us. Houses are selling at an average of $725,533 - down 4.6% from last month. Only 3 homes sold, which is half the volume of the month before. Properties are sitting on the market for about 53 days on average, and buyers are paying roughly 97.92% of the asking price. That means if you list at $740,000, expect offers closer to $724,000.

• Average sale price: $725,533
• Average list price this month: $740,933
• Price per square foot: $446
• Average days on market: 53
• Sale-to-list ratio: 97.92%
• Properties sold in 2026: 15
• Growth rank in Kamloops: 22 out of 27

That growth rank is worth noting. On the neighbourhood leaderboard for price growth, Sagebrush houses sit near the bottom tier right now - 22nd out of 27 comparable neighbourhoods. That is not a panic signal, but it is a reason to price strategically if you are selling. One bright spot: we are moving homes faster than Downtown Kamloops, where properties average 61 days. Sagebrush buyers are still showing up - there are just fewer of them.

Condos: A Different Story

The condo side of Sagebrush is a smaller, quieter market - and the data reflects that. Only 1 condo sold recently, at $284,800, with buyers paying about 94.96% of list price. Condos are averaging 110 days on the market, which is notably slower than Downtown's 61 days. If you own a condo here and are thinking about selling, patience is not optional - it is the strategy.

• Average sale price: $284,800
• Average list price this month: $299,900
• Price per square foot: $311
• Average days on market: 110
• Sale-to-list ratio: 94.96%
• Rental yield: 3.32%
• Growth rank in Kamloops: 11 out of 27 - above average
• Airbnb rank in Kamloops: 7th

The condo growth rank tells a more encouraging story - 11th out of 27 puts us in the above-average camp. And the HonestDoor Price for condos sits at $1,066,355, up 1.87% from the previous period. The rental picture is solid too, with an estimated $3,955 per month and strong short-term potential at $196 per night on Airbnb.

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

Here is the thing about your city assessment: it is a snapshot from months ago, built on a formula that does not know what sold on your street last Tuesday. The average assessed value in Sagebrush for houses sits at $721,926. The average HonestDoor Price is $735,073. That is a $13,147 difference - and it is calculated using real-time sales data, not a government spreadsheet that updates once a year.

For houses, the HonestDoor Price is 1.82% higher than the city's assessed value. That gap is your real-world check. If you are refinancing, negotiating, or just trying to figure out where you stand, the HonestDoor Price gives you a current number - not last year's number dressed up in official language.

For condos, the HonestDoor Price of $1,066,355 reflects a 1.87% increase from the previous period - a sign that even in a quieter market, the underlying value is holding up and ticking forward.

So What Does This Mean If You Are Thinking About Selling This Summer?

The honest answer: summer 2025 in Sagebrush is a market where preparation beats optimism. Here is what we would tell a neighbour over the fence.

• Price it right from day one. Buyers are paying below list - overpricing just adds days to your market time, and 53 days is already a stretch for houses.
• Check your HonestDoor Price before you talk to an agent. Walk into that conversation knowing your real-world number, not just the city's assessment.
• If you own a house, you have a rental income story to tell buyers too - $3,387 per month estimated rent and a 5.19% rental yield is a compelling number for investors.
• If you own a condo, build in extra time. A 110-day average means you want to be listed before the summer rush, not during it.
• Keep an eye on Downtown and Lower Sahali. Downtown is priced higher at $778,674 average HonestDoor Price and growing slightly faster. If buyers are cross-shopping, you need to know what you are competing against.

Sagebrush is not the hottest neighbourhood on the Kamloops leaderboard right now - but it is a real, established community with solid rental fundamentals and homes that are still moving. Know your number, price it sharp, and you will be fine.

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.