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Broken water line City workers were busy Thursday, repairing a broken water line in the 200 block of Reid Street. The street was shut down until the repairs were complete. Karen Powell photo
Gold Pan housing market up from previous year AUTUMN MacDONALD Observer Reporter The Gold Pan’s housing market saw an overall increase in value of almost four million. Two hundred and eighty one properties changed hands in the Quesnel area in 2014 through MLS, up from 250 that were sold in 2013. The value of these properties was $54.3 million ($50.5 million in 2013). The median value of the 123 single family homes sold in 2014 was
$212,500. In addition, 22 parcels of vacant land, 74 homes on acreage, 20 manufactured homes in parks and a further 25 on land were reported sold in 2014. At year end there were 192 properties of all types available for purchase through MLS in the Quesnel area, down from 207 properties at the end of 2013. “Single family homes saw a slight increase in activity and about a 3.75 per cent increase in selling price to an average of just over 212,000,” Northern
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Real Estate board director and Re/Max sales representative William Lacy said. “Even better results in activity for homes with acreage with 163 units changing hands this year against 134 units last year. This resulted in a price increase of 2.5 per cent and an average selling price of just over 253,000.” Lacy noted some areas in which supply had increased, increasing selling time, but remained optimistic. “With increases in activ-
ity and prices increasing in single family homes and single family homes with acreage, we are looking forward to a steady year in 2015,” he said. “More and more people are discovering what an amazing community we have here and they are migrating in from out of province, from the North and even up from the coast. So with all the stakeholders in the community working hard to improve this ‘hidden gem’ that we call home, we can hopefully see some of the
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more robust price increases and increased activity trickling down from the activity in the North.” Comparatively, in Williams Lake, 369 sales worth $87 million were reported in 2014, up from 336 sales worth $68 million the previous year. Half of the 138 single family homes sold in 2014 sold for less than $241,500. 36 parcels of vacant land, 88 homes on acreage, 14 town homes, 26 manufactured homes in parks and 38 manufactured homes on land were also sold in
2014. At the end of December there were 329 properties of all types available through MLS in the Williams Lake area, down slightly from 358 properties at the same time last year. Prince George saw big growth with 1,449 properties worth $355.5 million in 2014, compared to 1,291 worth 314 million. At year end there were 556 properties of all types available through MLS compared to 639 properties at the end of 2013.
West Park Mall – January Sidewalk Sale Beat the Winter Blues with Cool Savings Friday, Saturday and Sunday, Jan 23-25 155 Malcolm Drive Quesnel, BC www.westparkmall.com 250-992-6765