John Alexander

250-793-4934
 

Fort St. John, BC Housing vs the ebbs and flows of Oil Prices.

 

 

With oil dipping back down again it made me want to pull stats for the past decade… I found this very interesting.  We are the only market in BC that increased 2008/2009 for average price of a single family home.

 

Check this out, through good times and bad our market has sustained better than any ;)

 

In 2004 There were 128 transactions of attached dwellings selling for an average price of $96,945 in 49 days with a 96% LP/SP ratio

In 2004 there were 1118 Transactions of detached dwellings selling for an average price of $154,631 in 51 days with a 96% LP/SP ratio

 

In 2005 There were 130 transactions of attached dwellings selling for an average price of $120,722 in 48 days with a 97% LP/SP ratio

In 2005 there were 1060 Transactions of detached dwellings selling for an average price of $187,376 in 48 days with a 96% LP/SP ratio

 

In 2006 There were 136 transactions of attached dwellings selling for an average price of $138,451 in 34 days with a 97% LP/SP ratio

In 2006 there were 1206 transactions of detached dwellings selling for an average price of $233,871 in 42 days with a 97% LP/SP ratio

 

In 2007 There were 126 transactions of attached dwellings selling for an average price of $207,844 in 37 days with a 98% LP/SP ratio

In 2007 there were 1056 transactions of detached dwellings selling for an average price of $278,878 in 48 days with a 96% LP/SP ratio

 

In 2008 There were 206 transactions of attached dwellings selling for an average price of $220,174 in 93 days with a 96% LP/SP ratio

In 2008 there were 1000 Transactions of detached dwellings selling for an average price of $281,528 in 63 days with a 96% LP/SP ratio

 

In 2009 there were 120 transactions of attached dwellings selling for an average sale price $215,393 in 80 days with a 97% LP/SP ratio

In 2009 there were 882 transactions of detached dwellings selling for an average sale price of $286,085 in 74 days with a 96% LP/SP ratio

 

In 2010 there were 150 transaction of attached dwellings selling for an average sale price of $214,022 in 45 days with a 97% LP/SP ratio

In 2010 there were 912 transaction of detached dwellings selling for an average sale price of $290,255 in 78 days with a 96% LP/SP ratio

 

In 2011 there were 170 transactions of attached dwellings selling for an average sale price of $239,794 in 63 days with a 97% LP/SP ratio

In 2011 there were 1122 transactions of detached dwellings selling for an average sale price of 303,117 in 77 days with a 96% LP/SP ratio

 

In 2012 there were 198 transactions of attached dwellings selling for an average sale price of $262,935 in 55 days with a 98% LP/SP ratio

In 2012 there were 1112 transaction of detached dwellings selling for an average sale price of $335,559 in 56 days with a 97% LP/SP ratio

 

In 2013 there were 278 transaction of attached dwellings selling for an average sale price of $299,504 in 44 days with a 98% LP/SP ratio

In 2013 there were 1146 transaction of detached dwellings selling for an average sale price of $359,349 in 49 days and 97% LP/SP ratio

 

In 2014 there have been 252 transactions of attached dwellings selling for an average sale price of $326,604 in 41 days with a 99% LP/SP ratio

In 2014 there have been 1172 transactions of detached dwellings selling for an average sale price of $394,698 in 47 days with a 97% LP/SP ratio

 

From this information, you can see the stablility in the market thanks to the NG and other diversified economic drivers of Fort St. John, BC

 

 

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