Property assessments are up in Williams Lake by 5.11 per cent for 2017.

Property assessments are up in Williams Lake by 5.11 per cent for 2017.

Real estate sales up in 2016 for Williams Lake area

Real estate sales in the Williams Lake area were up in 2016 from the previous year, the BC Northern Real Estate Board reported Friday.

  • Jan. 6, 2017 5:00 a.m.

Real estate sales in the Williams Lake area were up in 2016 from the previous year, the BC Northern Real Estate Board reported Friday.

For Williams Lake, there were a total of 441 sales worth $100.1 million, up from 359 sales worth $76.3 million the previous year.

Half of the 159 single family homes sold in 2016 sold for less than $245,000.

Forty parcels of vacant land, 116 homes on acreage, 17 townhouses, 36 manufactured homes in parks and 41 manufactured homes on land were also sold in 2016.

At the end of December there were 264 properties of all types available through Multiple Listing Service (MLS®) in the Williams Lake area, down from 286 properties at the same time last year, the board noted.

“The Southern parts of BCNREB were the shining stars this year with Quesnel, Williams Lake and 100 Mile House posting double digit gains in activity and sales volume, and with 100 Mile House hitting a fantastic greater than 60 per cent increase in activity,” said BCNREB president William Lacy.

In the 100 Mile House area 630 properties worth $140.3 million sold this year through MLS®, compared with 384 properties worth $88.3 million in 2015.

The 178 single family homes that sold in 2016 had a median value (half sold for less) of $230,000.

In addition, 151 parcels of vacant land, 181 homes on acreage, 48 manufactured homes on land, 12 manufactured homes in a park, and 39 recreational properties changed hands in 2016.

At the end of December, there were 363 properties of all types available for sale through MLS® in the 100 Mile House area, down from the 465 properties at the end of 2015.

In the Quesnel area 311 properties changed hands in in 2016 through MLS®, up from 273 that were sold in 2015. The value of these properties was $59.9 million ($50.4 million in 2015). The median value of the 131 single family homes sold in 2016 was $193,000.

In addition, 42 parcels of vacant land, 76 homes on acreage, 21 manufactured homes in parks and a further 27 on land were reported sold in 2016. At year end, there were 156 properties of all types available for purchase through MLS® in the Quesnel area, down from 181 properties at the end of 2015.

 

 

 

 

Williams Lake Tribune

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