The number of homes sold through the MLS® System of the BC Northern Real Estate Board totaled 368 units in September 2025. This was up by 17.6% from September 2024.
Home sales were 0.5% above the five-year average and 6.6% below the 10-year average for the month of September.
On a year-to-date basis, home sales totaled 3,233 units over the first nine months of the year. This was an increase of 4.1% from the same period in 2024.
“Sales activity continues to build on strong momentum and was back up to average levels for the month of September after underperforming in the previous three years,” said Victor Khong, Chair of the BC Northern Real Estate Board. “New supply coming onto the market has held stable over the past year, so we’re beginning to see a decline in overall inventories and a further tightening of market conditions. Prices are rising modestly and housing markets in our regions are doing well overall.”
The average price of homes sold in September 2025 was $441,465, a small gain of 2.6% from September 2024.
The more comprehensive year-to-date average price was $445,910, increasing by 4.5% from the first nine 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 September 2025 was $162.5 million, a gain of 20.6% from the same month in 2024.
The number of new listings was down by 8.3% from September 2024. There were 520 new residential listings in September 2025.
New listings were 4.8% below the five-year average and 3.3% below the 10-year average for the month of September.
Active residential listings numbered 1,918 units on the market at the end of September, a decrease of 7.3% from the end of September 2024.
Active listings were 1.6% below the five-year average and 12.8% below the 10-year average for the month of September.
Months of inventory numbered 5.2 at the end of September 2025, down from the 6.6 months recorded at the end of September 2024 and below the long-run average of 5.8 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.