Sagebrush, Kamloops - September 2026 Real Estate Report

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

If you own a home in Sagebrush and you have not checked your numbers lately, here is the short version: the city's assessment is already behind. The real-world market tells a different story, and it is worth paying attention to right now.

The Vibe: What Is Actually Happening in Sagebrush

Sagebrush is a mid-sized neighbourhood by Kamloops standards - 910 assessed properties, 25 total transactions recorded in 2026. It is not the flashiest market in the city, but it is steady. Here is how houses and condos are each playing out for us right now.

Houses: Taking a Breather

We saw 5 house sales this period, which is actually up 25% from last month. But the average sale price came in at $669,300 - down 17.4% from the month before. That is a big swing, and it tells us the mix of homes selling has shifted, not necessarily that your specific home lost that much value. Still, buyers are getting deals. Homes are selling at 96.70% of list price on average, meaning sellers are giving a little ground to close.

• Average sale price: $669,300
• Average list price: $708,117
• Price per square foot: $377
• Average days on market: 48
• Sales-to-list ratio: 96.70%
• Predicted market value (HonestDoor): $727,935
• 3-month moving average: $733,057
• Estimated monthly rent: $3,361
• Rental yield: 5.20%
• Neighbourhood growth rank: 21 out of 27 in Kamloops

That 48-day average is worth noting. Homes here are not flying off the shelf, but they are not sitting forever either - Sagebrush ranks 10 out of 21 neighbourhoods for days-on-market speed. The growth rank of 21 out of 27 puts us in the lower half of the city leaderboard right now, so pricing your home correctly from day one matters more than ever.

Condos: A Smaller Market, But Moving Faster

The condo side of Sagebrush is thin - only 1 sale recorded, at $333,900. But here is what is interesting: condos are actually outperforming houses on the neighbourhood leaderboard. Condo growth ranks 12 out of 27 in Kamloops, putting us in above-average territory. And condos are selling fast - a days-on-market rank of 3 out of 14 means condo buyers in Sagebrush are not waiting around.

• Average sale price: $333,900
• Average list price: $344,900
• Price per square foot: $363
• Average days on market: 21
• Sales-to-list ratio: 97.04%
• Predicted market value (HonestDoor): $1,089,537
• 3-month moving average: $1,067,571
• Estimated monthly rent: $4,005
• Rental yield: 3.31%
• Condo growth rank: 12 out of 27 in Kamloops

The condo price rank of 13 out of 15 means Sagebrush condos are among the most affordable in the city. If you own one, you are sitting in a fast-moving, affordable segment - that combination attracts buyers.

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

Here is the thing about your BC Assessment notice: it is a snapshot from last July. A lot has moved since then. The city assessed the average Sagebrush house at $721,926. The HonestDoor Price right now is $733,994 - that is 1.67% higher, and it updates in real time based on actual market activity.

For a house owner, that gap is roughly $12,000 that your assessment is not capturing. For a condo owner, the HonestDoor Price of $1,096,156 is the number that reflects what the market actually thinks your unit is worth today - not what a government formula calculated months ago.

Think of the HonestDoor Price as the real-world check on a static number. It pulls in current sales, current listings, and current trends. Your assessment does not do that. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the number to start with.

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

If you are a house owner in Sagebrush and you are thinking about listing this summer, here is the honest read. The market is cooling slightly - values are down 0.97% recently and the 3-month trend is dipping. Buyers are negotiating, and homes are sitting for about 48 days on average. That does not mean you should panic, but it does mean you should price sharp from the start. Overpricing and then chasing the market down is the worst outcome here.

The good news: your rental yield of 5.20% is strong. If you are not in a rush to sell, holding and renting is a genuinely solid option in Sagebrush right now. That $3,361 monthly rent estimate gives you real carrying power while you wait for the market to find its footing.

If you own a condo and are thinking about selling, the picture is a bit brighter. Faster sales, above-average growth rank, and a predicted value that is climbing past its 3-month average - that is a better setup for a summer listing than the house market right now.

Bottom line: check your HonestDoor Price before you do anything else. It takes 30 seconds and it is the most current number available to you. Your tax assessment is already old news.

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.