Quensel Sees Slight Increase in Property Sales in First Half of 2025
Real estate sales in Quesnel have shown a positive trend, demonstrating a slight increase in property sales for the first half of 2025. The BC Northern Real Estate Board (BCNREB) recently provided an update that highlights this progress, reflecting an encouraging shift in the local real estate market.
Between January 1 and June 30, 2025, a total of 167 property sales were finalized in Quesnel, amounting to $57.3 million in transactions. This marks an increase compared to the first six months of 2024, during which 146 properties were sold, totaling $55 million.
Delving into the details, 67 of the properties sold this year were single-family homes, with around half of these transactions occurring at prices below $380,000. On average, these homes were sold after 37 days on the market, highlighting a relatively brisk pace of sales.
In addition to single-family homes, the property sales comprised 26 parcels of vacant land, 30 homes on acreage, 13 manufactured homes in parks, and 14 manufactured homes on land. This diverse array of sales illustrates the variety in purchasing opportunities available to buyers in Quesnel.
As of June 30, a total of 290 properties of all types are listed and available for purchase in the Quesnel area. This availability provides potential buyers with a range of options to consider, catering to different needs and preferences.
Looking at the broader Northern BC region, a noteworthy 2,345 properties were sold in the first half of 2025, contributing to a total of $1 billion in sales. This figure reflects an increase of 64 properties compared to the same period last year.
The region also witnessed a slight increase in the number of available properties, despite experiencing a slower second quarter. This suggests a dynamic market where supply and demand are relatively balanced, potentially offering favorable conditions for both buyers and sellers.
BCNREB noted that while housing market activity was slightly below historical averages, with a decline of 6.2 percent compared to those averages, the area has seen a rise in average sale prices. The average sale price increased to $455,243, which is 9.8 percent higher than the preceding quarter. This rise in average prices may be indicative of market confidence and perceived value in Northern BC properties.
