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Real estate activity down slightly

The average price and the number of single-family homes sold in the city during the first three months of this year was down slightly from the same period last year, according to B.C. Northern Real Estate numbers released this week.
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The average price and the number of single-family homes sold in the city during the first three months of this year was down slightly from the same period last year, according to B.C. Northern Real Estate numbers released this week.

The average prices was $354,860, down $779, and there were 154 sales, down 17, with most of the decline occurring in the city's southwest.

However, the median price - or the price at the midpoint of the number of homes sold - in each part of the city rose.

In the western part of the city, it stood at $327,500, up from $299,000 while, at 46, there were two fewer sales in that region.

East of the bypass, it was $309,000, up from $247,000, while there were 34 sales, one fewer than at the same point last year.

North of the Nechako, it was $370,000, up from $360,000, on 32 sales, up by three.

And in the southwest, it was $429,500, up from $420,000 on 42 sales, down by 16.

Looking at properties of all types, 257 worth $90 million changed hands, compared to 267 worth $82.2 million by the same point last year.

At the end of March there were 534 properties of all types available on the Multiple Listing Service within the city limits, up by 10.