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HomeNewsHouse sales are down but prices are up in the Cariboo

House sales are down but prices are up in the Cariboo

The housing market in the Cariboo has cooled off a little in terms of sales, but prices continue to go up.

Starting off in Quesnel, the BC Northern Real Estate Board says 325 properties were sold over the first 9 months of this year, which was down from 392 over the same period last year.

The price of a single detached house however, increased to almost 398 thousand dollars from 346 thousand.

348 properties changed hands in Williams Lake through September of this year, down from 481 in the first 9 months of 2021.

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The average selling price jumped from around 379 thousand dollars last year to almost 430 thousand this year.

And the 100 Mile House area saw the most sales, 412 so far this year, but also the biggest drop as there were 656 sales through September of last year.

But once again following suit, the average selling price went from around 408 thousand dollars last year to more than 487 thousand dollars this year.

 

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