Tranquille, Kamloops - September 2026 Real Estate Report

Tranquille Real Estate Check-In: Steady Houses, Soft Condos, and What It Means for Your Wallet

The Vibe Right Now

If you live in Tranquille and you have been wondering what your place is actually worth, here is the honest answer: it depends a lot on whether you own a house or a condo. These two markets are telling very different stories right now, and we need to talk about both.

Houses - Holding Steady, But Buyers Are in the Driver's Seat

The house market in Tranquille is not crashing, but it is not on fire either. The average HonestDoor Price sits at $539,868, up 1.81% from the previous period. That is a modest but real gain. The average sale price for houses came in at $709,100, with listings averaging $739,900 this month.

Here is the number that tells the real story: homes are selling at 95.84% of list price. That means buyers are negotiating, and they are winning. If you list at $740,000, expect to close closer to $709,000. Plan for that gap when you are doing your math.

• Average HonestDoor Price: $539,868 (up 1.81%)
• Average sale price: $709,100
• Average list price: $739,900
• Sale-to-list ratio: 95.84% - buyers are paying below ask
• Price per square foot: $278
• Average days on market: 69 days
• Predicted market value: $530,285
• Rental yield: 5.55% - that is a strong return if you are thinking landlord
• Average rental estimate: $2,630 per month
• Airbnb estimate: $131 per night

Sixty-nine days on market is a long sit. Tranquille houses rank 17 out of 21 neighbourhoods in Kamloops for how fast they sell. That is not a panic signal, but it does mean pricing sharp matters more than ever. Overprice it and you will be watching that listing age.

On the neighbourhood leaderboard, Tranquille houses rank 11 out of 27 for growth in Kamloops. That puts us in the above-average camp - not leading the pack, but not trailing it either. For price, we rank 18 out of 23, which means Tranquille is a relative value play compared to a lot of Kamloops.

Compare us to the neighbours: Batchelor Heights average sale price came in at $679,800, which is actually below Tranquille's $709,100. Mission Flats HonestDoor Price is $433,773 and Brocklehurst sits at $609,002. We are comfortably in the middle of the pack.

Condos - A Cooling Trend Worth Watching

The condo picture is softer, and we should not sugarcoat it. The average HonestDoor Price for condos in Tranquille is $299,925, up just 0.13% - basically flat. The predicted market value is $299,525, and that number is slipping below the 3-month moving average of $304,954.

The growth rank for Tranquille condos is 27 out of 27 in Kamloops. Dead last. That does not mean condos here are worthless - it means values have not been climbing, and the recent change of -5.19% confirms the market is taking a breather in this category.

• Average HonestDoor Price: $299,925 (up 0.13%)
• Predicted market value: $299,525
• 3-month moving average: $304,954 - values are dipping below this
• Recent value change: -5.19%
• Rental yield: 4.20% - moderate, not spectacular
• Average rental estimate: $1,612 per month
• Airbnb estimate: $81 per night
• Growth rank: 27 out of 27 in Kamloops

Nearby, Mission Flats condos are predicted at $265,100 and Batchelor Heights at $323,963. Tranquille sits between them. If you own a condo here and are thinking about selling, timing matters more right now than it does for house owners.

The Secret Sauce - Why Your HonestDoor Price Beats Your Tax Assessment

Here is something most Tranquille homeowners do not think about until it is too late. Your BC Assessment number is a snapshot from July 1 of the previous year. By the time you read it, it is already old news. The market has moved - sometimes a little, sometimes a lot.

The HonestDoor Price is updated in real time using actual sales data, listing activity, and neighbourhood trends. For houses in Tranquille, the HonestDoor Price is $539,868. Your assessment might say something different. That gap matters when you are deciding whether to sell, refinance, or even just figure out if your insurance coverage makes sense.

Think of your government assessment as last season's weather forecast. The HonestDoor Price is what it is actually doing outside right now. Use the current number, not the old one.

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

If you own a house in Tranquille, this summer is workable - but you need to go in with clear eyes. The market is stable, not surging. Buyers have options and they know it. That 95.84% sale-to-list ratio tells you to price it right from day one. A well-priced house will move. An overpriced one will sit for 69 days and then need a cut anyway.

The rental yield of 5.55% also means investors are watching this neighbourhood. If your home works as a rental, that is a selling point worth putting in front of buyers.

If you own a condo, be more cautious. The -5.19% recent value shift and a last-place growth rank mean you are not in a rush-to-market situation. If you do not need to sell this summer, waiting to see if values stabilize is a reasonable call. If you do need to sell, price it to move - do not anchor to what it was worth a year ago.

Either way, pull your HonestDoor Price before you have a single conversation with an agent. It is the most current number you have, and in this market, current beats everything.

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.