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Fort St. John
Monday, January 21, 2019
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Home News 2008 Real Estate Numbers

2008 Real Estate Numbers

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Despite the last quarter, global economic meltdown, real estate sales in Fort St. John remained strong in 2008.

751 properties changed hands and they were worth more than $200 million. That compares favorably to 2007 figures, of 716 properties worth just under $180 million.  By the end of year, the average selling price of a single family home in the city was up, by about $15,000, on a year-over-year basis.

The December 31st average was $305,698, as opposed to $290,774, on the same date in 2007. That was also once again, the highest average price, among the 15 member communities listed by the BC Northern Real Estate Board.

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100 Mile House at just over $270,000, was in second place…and Burns Lake and Mackenzie were at the bargain end of the list at just over $101,000 and $111,000 respectively.

Across the region, the board reports sales and there worth were down, in 2008. 4,755 properties were sold worth just over $980 million. That compares to 6,639 worth more than $1.2 billion in 2007.

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