January 2016 has definitively been off to a slower start. What will the rest of 2016 bring? Anything can happen, as we see what unfolds with proposed projects in our area. Regardless, our Port continues to expand, which has a positive influence on our market as more work and jobs become available.
SALES (all types):
# of sales in January 2014 – 21
# of sales in January 2015 – 20
# of sales in January 2016 – 8
TYPES OF PROPERTIES SOLD IN JANUARY 2016:
4 – houses
1 – half-duplex
1 – commercial multi-family
1 – commercial land
1 – residential land
NUMBER OF ACTIVE LISTINGS (all types):
As of January 31, 2014 – 168
As of January 31, 2015 – 129
As of January 31. 2016 – 134
AVERAGE SALE PRICE OF A HOUSE:
Please note these averages are based on January sales only.
January 2014 – $198,000
January 2015 – $268,000
January 2016 – $265,000
The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2014 through January 2016.
