Modest drop in property sales for 2015

Williams Lake saw a modest drop in property sales in 2015, the Northern Real Estate Board said in its latest report.

  • Jan. 12, 2016 6:00 a.m.

Williams Lake saw a modest drop in property sales in 2015, the Northern Real Estate Board said in its latest report.

In Williams Lake, 359 sales worth $76.3 million were reported through MLS in 2015, down from 369 sales worth $87 million the previous year.

Half of the 134 single family homes sold in 2015 sold for less than $224,000.  In total 33 parcels of vacant land, 82 homes on acreages, 17 town homes, 30 manufactured homes in parks and 28 manufactured homes on land were also sold in 2015.

At the end of December there were 286 properties of all types available through MLS in the Williams Lake area, down from 329 properties at the same time last year.

The story is a bit different in 100 Mile House where sales benefited from the “hot market in the Lower Mainland, with an influx of recreational property buyers driving the short distance north to purchase vacation homes,” the report said.

Both the number of sales and the average sale prices were up in the district.

In the 100 Mile House area 384 properties worth $88.3 million sold this year through MLS, compared with 345 properties worth $71.6 million in 2014, while the Quesnel area saw 273 properties change hands in the area in 2015 through MLS, down from 281 that were sold in 2014.