Last month there were only 8 sales, so the market definitely picked up in February! From what I have observed in March, it’s still going strong and the momentum has even picked up. If you’re thinking of listing, now would be a great time.
SALES (all types):
# of sales in February 2015 – 12
# of sales in February 2016 – 17
YEAR-TO-DATE SALES (all types)
As of end of February, 2015 – 22
As of end of February, 2016 – 25
TYPES OF PROPERTIES SOLD IN FEBRUARY 2016:
15 – houses
1 – business
1 – apartment unit
NUMBER OF ACTIVE LISTINGS (all types):
As of February 29, 2015 – 155
As of February 29. 2016 – 158
AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of end of February, 2015 – $244,382
As of end of February, 2016 – $298,623
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 February 2016.