Westsyde, Kamloops - October 2026 Real Estate Report

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Westsyde, Kamloops: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a home in Westsyde and you're still going off your city assessment, you might be working with a number that's nearly 7% higher than what the market is actually saying right now. That gap matters - especially if you're thinking about listing this summer.

The Vibe: What's Happening on Our Streets Right Now

Westsyde is a big neighbourhood - 3,355 assessed properties big. We ranked 4th in all of Kamloops for total transactions in 2026, with 97 sales recorded. That's real activity. But the current sales data tells a more nuanced story depending on whether you own a house or a condo.

Houses: Taking a Breather

Let's be straight with each other. The house market in Westsyde is cooling off. Here's the snapshot:

• Average sale price: $618,543 - down 20.9% from last month
• Active listings averaging: $635,300
• Price per square foot: $306
• Homes are selling at 97.32% of list price - buyers are negotiating below ask
• Only 7 homes sold last month - down 30% from the month before
• Average days on market: 66 days
• Predicted market value: $647,506
• Rental yield: 5.33% - that's a strong return if you're thinking income property
• Estimated monthly rent: $3,024

Sixty-six days to sell is not a hot market. Buyers know it, and the 20.9% month-over-month price drop confirms it. The predicted value of $647,506 is also slipping below the 3-month moving average of $649,209 - a small but telling signal. On the neighbourhood leaderboard, Westsyde houses rank 15 out of 27 for growth - right in the middle of the pack, leaning below average. Days-on-market rank sits at 16 out of 22, which means our homes are sitting longer than most of Kamloops.

For context, Batchelor Heights houses are averaging $679,800 at the sale - about $61,000 more than us. If you're comparing neighbourhoods, that gap is worth knowing.

Condos: Expensive but Slow

Here's the interesting twist in Westsyde - our condos are among the priciest in Kamloops, ranking 2nd out of 15 neighbourhoods by price. But they're not moving fast.

• Average sale price: $563,300
• Active listings averaging: $579,900
• Price per square foot: $444
• Sold at 97.14% of list price - again, buyers are getting a small discount
• Only 1 condo sold last month
• Average days on market: 69 days
• Predicted market value: $595,001
• Rental yield: 3.65% - moderate, not spectacular
• Estimated monthly rent: $2,894
• HonestDoor Price growth: up 3.76% from the previous period

One sale in a month is a thin data set, but the trend is clear - condo values have dropped 3.54% recently and the predicted value of $595,001 is falling away from the 3-month moving average of $606,277. On the leaderboard, Westsyde condos rank 25 out of 27 for growth. That's bottom-of-the-pack territory. High price, slow growth, slow sales - that's the honest picture right now.

The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

Here's the thing about your city assessment. It's a snapshot from the past - calculated on a fixed date, using data that's already months old by the time it lands in your mailbox. In Westsyde, the average assessed value is $702,666. But the average HonestDoor Price - which updates in real time using actual sales data - is $653,703. That's a gap of nearly $49,000.

If you're pricing a listing, negotiating a sale, or just trying to understand what your property is actually worth today, the HonestDoor Price is your real-world check. It's up 0.96% from the previous period, which means values aren't collapsing - but they're not at the level the city's assessment suggests either. Relying on that assessment number could mean overpricing your home and sitting on the market longer than you need to.

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

If you're a Westsyde homeowner eyeing a summer sale, here's the straight talk:

• Price sharp from day one - homes selling at 97% of list means buyers are already trimming. Overpricing will cost you time, and 66 days on market is already longer than you want.
• Use the HonestDoor Price as your anchor - not the assessed value. That $49,000 gap between assessment and market reality is not in your favour if you price too high.
• The rental angle is real - a 5.33% yield on houses is genuinely strong. If your home appeals to investors, lean into that in your listing.
• Watch the competition - with 97 transactions recorded in 2026 and listings sitting at $635,300, buyers have options. Your presentation and pricing need to stand out.
• Neighbourhood growth is flat - down 0.01% year over year. This isn't a market where you can wait it out and expect prices to climb back up quickly.

Westsyde is a well-established part of Kamloops with real transaction volume and strong rental fundamentals. But right now, the market is telling sellers to be realistic. Check your HonestDoor Price, price it right, and move with purpose. That's how you win in this market.

westsyde | kamloops | october 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.