The number of homes sold through the MLS® System of the BC Northern Real Estate Board totaled 262 units in November 2025. This was a sharp decrease of 13.2% from November 2024.
Home sales were 13% below the five-year average and 15.3% below the 10-year average for the month of November.
On a year-to-date basis, home sales totaled 3,854 units over the first 11 months of the year. This was nearly unchanged, up only 0.3% (13 sales) from the same period in 2024.
“Home sales were down from year-ago levels despite a healthy influx of new listings,” said Victor Khong, Chair of the BC Northern Real Estate Board. “With just one month left to go this year it seems that annual sales will come in on par with levels recorded last year. Prices are still moving up at a modest clip and our market remains in balanced territory with inventories in line with their long-term averages, so all told things are still fairly positive for our region.”
The average price of homes sold in November 2025 was $437,726, an increase of 4.5% from November 2024.
The more comprehensive year-to-date average price was $445,341, a moderate gain of 4.5% from the first 11 months of 2024.
The Board cautions that the average residential price is a useful figure only for establishing trends and comparisons over a period of time. It does not indicate an actual price for a home due to the wide selection of housing available over a vast geographic area (the Board serves an area covering over 600,000 square kilometers or 72% of the province).
The dollar value of all home sales in November 2025 was $114.7 million, falling by 9.4% from the same month in 2024.
The number of new listings saw a modest gain of 3.5% (11 listings) from November 2024. There were 321 new residential listings in November 2025.
New listings were 2.4% above the five-year average and 2.4% below the 10-year average for the month of November.
Active residential listings numbered 1,501 units on the market at the end of November, up by 4% from the end of November 2024.
Active listings were 4.1% above the five-year average and 9.9% below the 10-year average for the month of November.
Months of inventory numbered 5.7 at the end of November 2025, up from the 4.8 months recorded at the end of November 2024 and above the long-run average of 5.6 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
The BC Northern Real Estate Board is an association of over 410 REALTORS® that provides services to and sets standards for members.
The BC Northern Real Estate Board covers the northern part of British Columbia, including Bulkley Nechako, Cariboo, Fraser Fort George, Peace River/Fort Nelson, and Skeena/North Coast.
