Fort St. John saw the same trend with 943 properties sold worth $379.1 million compared to 854 properties worth $289 million in 2013. The BC Northern Real Estate Board says the recent announcement of the Site C dam has given a boost to the local real estate market. They say it’s too early to tell if that activity will affect sales and prices in 2015.
At the end of December there were 400 properties of all types available through MLS in the Fort St. John area, down from the 410 properties at the end of 2013.
In Fort Nelson there were 56 properties sold through MLS worth $14 million in 2014. That’s a drop from 2013 when 88 properties were sold for approximately $22.9 million. As of December 31st there were 95 properties of all types available through MLS in the Fort Nelson area, up from the 79 properties on December 31st, 2013.
BCNREB President Ken Laursen says “the Board expects to see continued modest growth in the number of sales and average home prices across much of the region in 2015. The market will be affected by the timing and number of the larger northern LNG and mining projects expected to be green-lit in the next few years.”