Real estate sales dip in TerraceBC and area
Real estate sales through the Multiple Listing Service in the Terrace area dipped dramatically for the first three months of this year compared to the same period in 2022, show figures released by the BC Northern Real Estate Board.
Of those 48 sales of all kinds in the first quarter of this year, 28 were single-family homes, six were manufactured homes in mobile home parks and two were manufactured homes on their own properties. Still, this year’s figure remains higher than the $439,154 average price for the 33 single-family homes that sold in the first quarter of 2021 and substantially higher than the average $346,886 sales price of the 29 single-family homes that sold for the first three months of 2020.
Kitimat sales also dropped with 20 single-family homes selling for an average price of $465,944 this January to March compared to 33 single-family homes selling for $482,701 in the first three months of 2022.
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