First quarter real estate sales holding steady in 2014

BCNREB reports 1,005 sales with a value of $248,635,086 through the Multiple Listing Service (MLS) first quarter.

  • Apr. 3, 2014 2:00 p.m.

The BC Northern Real Estate Board (BCNREB) reported 1,005 sales with a value of $248,635,086 through the Multiple Listing Service (MLS) in the first quarter of 2014.

In the Williams Lake area 64 properties worth $14.4 million have sold so far this year through MLS.

Those totals compare to 65 properties worth $14.1 million during the same time in 2013.

On top of the 23 single family homes sold, 16 homes on acreages, five manufactured homes in parks and three manufactured homes on land have changed hands in the first quarter.

As of March 31,  there were 360 properties listed on the MLS in the Williams Lake area.

Ken Laursen, BCNREB president said real estate markets throughout BCNREB’s area continue to show strength, being led by a robust economy.

“In the north and west  largely fuelled 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.”

Comparatively,  in the Quesnel area realtors reported 32 sales worth $6.4 million in the first three months of 2014, down from 46 sales worth $12.1 million in 2013.

In addition to the 14 single family homes that sold, two parcels of vacant land and four homes on acreage have sold this year.

There were 225 properties of all types available for purchase through MLS in the Quesnel area as of March 31.