The number of homes sold through the MLS® System of the BC Northern Real Estate Board totaled 184 units in January 2026. This was a moderate gain of 7% (12 sales) from January 2025.
Home sales were 1% below the five-year average and 7.7% below the 10-year average for the month of January.
“Activity from both buyers and sellers remains on solid footing as we start the year, with figures from sales and new listings running very close to their long-term averages in January,” said Victor Khong, Chair of the BC Northern Real Estate Board. “Demand continues to outpace supply by a small margin, leading to a gradual decline in overall inventories over the past 18 months. Our market balance remains tilted in favour of sellers and price gains are continuing at a strong pace, trends which we expect to see playing out in months ahead.”
The average price of homes sold in January 2026 was $435,219, a gain of 9.3% from January 2025.
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 January 2026 was $80.1 million, an increase of 17% from the same month in 2025.
The number of new listings saw a big reduction of 11.8% from January 2025. There were 372 new residential listings in January 2026.
New listings were 2.1% below the five-year average and 7.2% below the 10-year average for the month of January.
Active residential listings numbered 1,228 units on the market at the end of January, decreasing by 4.9% from the end of January 2025.
Active listings were 1.1% above the five-year average and 14.4% below the 10-year average for the month of January.
Months of inventory numbered 6.7 at the end of January 2026, down from the 7.5 months recorded at the end of January 2025 and below the long-run average of 7.5 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 about 405 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.
