December 2025 Real Estate Market Update: Merritt, Logan Lake & Kamloops District

If you’re wondering what happened in the real estate market as 2025 wrapped up, here’s the good news: December didn’t “shut down” like it used to. Buyers were still buying, sellers were still selling, and the market finished the year with a steady, healthy vibe — especially in Merritt.

Below is a plain-English breakdown of the Kamloops & District stats, with a strong focus on what matters most for Merritt homeowners and buyers, plus a quick look at Logan Lake.

Kamloops & District Market Snapshot (December 2025)

Across the entire Kamloops & District region, December came in stronger than last year:

• 137 homes sold (up 3.8%)

• $84.5 million in sales volume (up 12.5%)

• 924 active listings (basically flat, up 1.2%)

• 165 new listings (up 9.3%)

That’s a strong finish for a month where most people are juggling Christmas, travel, and trying not to eat an entire tray of baking in one sitting.

What’s driving the market right now?

In simple terms:

• Sales are ticking up

• Prices are stable (even rising slightly)

• Inventory isn’t ballooning

• Homes are still moving — especially detached homes

Detached Homes: The Engine of the Market

When you zoom in by property type across Kamloops & District, single-family homes are still doing the heavy lifting:

• 76 detached sales (up 7%)

• Benchmark price: $655,700 (up 2.2%)

• Average days to sell: 60 (faster than last year by about 17%)

• Detached inventory: 374 (slightly down)

Translation: Detached homes are selling faster and holding value.

Merritt Market Update (December 2025): Quietly Strong Finish

Now let’s talk about the part you probably care about most: Merritt.

Merritt’s December numbers show something we don’t always see this time of year: activity popped — and pricing stayed stable.

Merritt Detached Homes

• 9 detached sales (up 350% year-over-year)

• Benchmark price: $459,700 (up 1.0%)

This matters because Merritt often moves differently than Kamloops — and December proved there are still real buyers in the market, even heading into the holidays.

Merritt Townhomes

• 1 sale

• Benchmark price: $323,700 (up 1.4%)

Merritt Apartments/Condos

• 0 sales in December

• Benchmark price: $285,000 (up 10.2%)

Even with zero condo sales, the benchmark price rising tells us something: affordable housing demand is still a thing, and Merritt stays on people’s radar as a value option.

Logan Lake Market Update (December 2025): Small Market, Steady Trend

Logan Lake is always tricky month-to-month because it’s such a small pool — one or two sales can swing the numbers hard. But overall it’s continuing to hold value.

Logan Lake Detached Homes

• 2 sales (down from last year)

• Benchmark price: $461,600 (up 0.7%)

Logan Lake Apartments

• Benchmark price: $178,500 (up 11.6%)

The bigger takeaway: Logan Lake stays steady, and when the right listing pops up, buyers tend to move quickly because there just aren’t that many options available at once.

Merritt vs Kamloops: Here’s the Big Story

If you want the “zoomed out” perspective, it’s this:

• Kamloops detached benchmark: $655,700

• Merritt detached benchmark: $459,700

That’s roughly a $196,000 difference.

So when people ask, “Why are buyers still looking at Merritt?”
That’s your answer.

Merritt continues to be one of the best value plays in the Kamloops District — especially for buyers who want a detached home, a yard, and space without stretching their budget to the ceiling.

What This Means If You’re Buying in 2026

If you’re planning to buy in Merritt or Logan Lake, here’s the practical advice:

• Don’t expect huge price drops. The market isn’t showing that.

• Expect negotiation opportunities, especially on homes that have been sitting.

• Be ready when the right home shows up, because good listings still move.

• Winter markets often reward buyers who are prepared — pre-approval, clear budget, quick decision-making.

What This Means If You’re Selling in 2026

If you’re selling in Merritt, the December data is encouraging:

• Buyers are active

• Pricing is stable

• A well-priced home can sell even in winter

The key is simple:
Condition + presentation + pricing = sold sign.

(Or at least a lot more showings and serious offers.)

Need Help Making Sense of These Numbers?

Stats are great, but they don’t tell you what matters most: what your home is worth, how long it might take to sell, and what your next move looks like.

If you want a quick, no-pressure chat about buying or selling in Merritt, Logan Lake, or Kamloops, reach out anytime.

Jared Thomas
Call/Text: 778-694-6804
Email: jared@movingtomerritt.ca