Fort St John Real Estate Market - March 2022


The Spring Market is in full swing!

With the interest rates set to increase over the coming months, we still have lots of buyers looking to make a move.

In the last couple of weeks, we have seen a lot of new listings come to market giving a little bit of balance to the lack of inventory we have been experiencing.

Prices have crept up a little in family homes, and we have even seen a few homes get multiple offers and go OVER asking.

I've consistently seen homes getting pretty close to asking as long as they are priced right in the first place, and I've been telling my buyers that this is not the time to submit low ball offers, as in some cases the sellers will not even bother to counter.

One property type I have noticed a great lack of inventory is homes with suites, so buyers are definitely looking for a home with mortgage-helping income earning potential.

Like and follow me on Facebook or Instagram for more tips on buying or selling in this market!


CURRENT STATS IN OUR REGION

➡️ All Property Types ⬅️

Average Price: $356,000
Days on market: 47
New listings: 78
Sold: 48

➡️ Detached ⬅️

Average Price: $375,000
Days on market:47
New listings:37
Sold:33

➡️ Attached ⬅️

Average Price: $284,000
Days on market: 51
New listings: 21
Sold: 4

➡️ House w/ Acreage ⬅️

Average Price: $511,000
Days on market: 40
New listings: 11
Sold: 5

➡️ Mobile Homes ⬅️

Average Price: $163,000
Days on market: 83
New listings: 9
Sold: 6

New Listings:
March 2021: 106
March 2022: 78

✅ Active Listings
March 2021: 322
March 2022: 249

Sales
March 2021: 58
March 2022: 48


U P D A T E S * O N * S O C I A L

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