Quesnel Cariboo Observer, October 08, 2014

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KERSLEY PLAYERS AT IT AGAIN PAGE A3

Wednesday, October 8, 2014

FIRE FIGHTER LOVES HIS WORK PAGE A9

VOL. 101 NO. 11

www.quesnelobserver.com

ROLLER DERBY UNDERWAY PAGE A12

1

$ 30

PM 40005365

includes GST

September stats

Real Estate numbers up despite uncertainty AUTUMN MACDONALD Observer Reporter

Despite some “uncertainty” in the market, most real estate numbers continue to rise, including the Gold Pan City. To the end of September 216 properties worth $42 million sold through Multiple Listing Service in the Quesnel area, compared to 206 properties worth $43.3 million to the end of the third quarter of 2013. Half of the 101 single family homes sold so far this year, sold for less than $210,000 and took, on average, 98 days to sell. Also changing hands this year were 17 parcels of vacant land, 54 homes on acreage, 13 manufactured homes in parks and 17 manufactured homes on land. At the end of September there were 301 properties of all types available for purchase through the MLS in the Quesnel area. “B.C. Northern’s third quarter real estate market has continued to be strong,” BC Northern Real Estate Board (BCNREB) vice president David Black said. “Most markets are still showing increases in both the number of sales and the dollar value of each sale; however, recent statements made by major players in Liquified Natural Gas (LNG) projects have slowed the activity in the Northeast and Western regions of the Board.” In Williams Lake, 317 properties worth $74.8 million have sold in the first nine months, compared to 269 properties worth $53 million in the same period last year. Of the 113 single family homes sold to the end of September, half sold for less than $243,000 and these homes took, on average, 56 days to sell. In addition, 35 parcels of vacant

land, 13 townhomes, 75 homes on acreage and 24 manufactured homes in parks and a further 32 on land, have sold this year. At the end of September there were 456 properties of all types available for purchase. In the City of Prince George, to the end of September, 1,157 properties worth $281.6 million changed hands, compared with 1,020 properties worth $250.8 million of last year. In the western part of the city the median price of the 226 homes sold this year, was $242,900. In the area east of the By-pass, the 141 single family homes that sold had a median price of $203,000. In the northern part of the city, the 173 single family homes sold had a median price of $280,000. In the southwest section of the city, the median price of the 200 single family homes sold was $334,500. At the end of September, there were 775 propeties of all types available for purchase. Overall the BCNREB reported 4,195 properties worth $1.07 billion sold through MLS in the first nine months of 2014. At this time last year, 3,806 properties worth $934 million had changed hands. As of Sept. 30 there were 4,658 properties of all types available for sale through the MLS, up slightly from 4,617 properties at the end of September last year. “Looking ahead, economic uncertainty remains a major factor influencing the markets in and through the North and North Central areas,” Black said. “With a number of huge projects in the planning stages, the North could use some certainty. Government approval of at least one of these major projects would help solidify the strength of the markets across the North.”

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Monday, October 13

We will reopen on Tuesday, October 14, 2014

Motherly love Mothers and babies gathered at Child Development Centre on Saturday for the annual breastfeeding challenge where they joined breastfeeding mothers across the globe. The goal is to have as many mothers breastfeeding at 11 a.m. local time. For more photos and information see PAGE A24. Annie Gallant photo

Bringing Our

Community

TOGETHER Re-Elect MARY for Mayor Authorized by Financial Agent Bev Haluschak - 250 255 6350

www.maryformayor.ca


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