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Monday, June 17, 2019
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Home Energy News B.C. Northern Real Estate Board release quarterly numbers

B.C. Northern Real Estate Board release quarterly numbers


The number of sales has jumped from 3,806 in September of last year to 4,650 this year, worth a total of $1.07 billion opposed to last year’s $934 million.

“B.C. Northern’s third quarter real estate market has continued to be strong,” VP of the board, David Black said in a written statement. “Most markets are still showing increases in both the number of sales and the dollar value of each sale; however, recent statements made by major players in LNG projects have slowed the activity in the Northeast and Western regions of the Board.”

In Fort St. John, 740 properties worth $287.6 million were reported sold this year, compared to 626 worth $219.9 million last year.

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Fort St. John has lost its top position in number of single detachments sold among all reported communities, which now goes to Prince George at 755. However, they still hold top position for price sold, which is an average of $410,197 compared to Prince George at $273,321.

Fort St. James continues to fall into a negative spin, as they’re reported to have the least sold single detachments on a year-to-year basis, down to 17 at an average of $181,694.

This is however higher than compared to last year, which stood at 10 units sold on an average of $161,200.

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