The B.C. Northern Real Estate Board (BCNREB) reported 1005 sales with a value of $248,635,086 through the Multiple Listing Service® (MLS®) in the first quarter of 2014.
This compares with 900 sales worth $212,173,760 to the end of March, 2013. As of March 31st, 2014 there were 3625 properties of all types available for purchase through the MLS® compared to 3815 at this time last year.
President Ken Laursen said, “Real estate markets throughout BCNREB’s area continue to show strength, being led by a robust economy in the north and west (largely fueled by resource expansion, especially by LNG). The central part of the region continues to show benefits from steady growth, while the southern part of the region continues to offer great affordability.”
Burns Lake: 15 (11) properties worth $1.7 million ($1.3 million) have changed hands since January 1. At the end of March there were 124 (122) properties of all types available for sale through the MLS® in the Burns Lake area.
Smithers: REALTORS® in the Smithers area reported 65 (35) sales with a value of $12.8 million ($8.4 million) to March 31st, 2014. In addition to the 23 single family homes that sold, 14 parcels of vacant land, 14 homes on acreage and 4 manufactured homes on land changed hands this year. At the end of the first quarter there were 213 (210) properties of all types available for purchase through the MLS® in the Smithers area.
Vanderhoof: REALTORS® in the Vanderhoof area reported 18 (21) sales worth $3 million ($5.8 million) in the first quarter of 2014. At the end of March there were 105 (124) properties available for purchase through the MLS® in the Vanderhoof area.
Fort St. James: In the first quarter of 2014 there were 5 (5) sales worth $679,500 ($1.5 million) in the Fort St. James area. As of March 31st there were 62 (62) properties available on the MLS® in the area.
Prince Rupert: 83 (66) properties worth $17.7 million ($18 million) have sold through the MLS® so far this year. In addition to the 56 single family residential properties, 6 parcels of vacant land and 5 half duplexes have sold. As of March 31st there were 177 (220) properties of all types available for purchase through the MLS® in the Prince Rupert area.
Terrace: REALTORS® in the Terrace area sold 101 (60) properties in the first quarter of 2014. The value of these properties was $23 million ($11.5 million). 43 single family homes and 5 manufactured homes on land have changed hands since January 1st. As of March 31st there were 121 (184) properties of all types available for sale in the Terrace area.
Kitimat: In the first quarter of 2014, 36 (60) properties worth $10.4 million ($10.2 million) have been reported sold. Of those 36 properties, 23 were single family homes, 5 were townhouses and 2 were vacant parcels of land. At the end of March there were 47 (51) properties of all types available for sale through MLS® in the Kitimat area.