By Dave Branco

Prince George housing market shows resilience with 1,335 sales and modest price growth in 2025

Jan 14, 2026 | 2:28 PM

PRINCE GEORGE – Prince George’s housing market is showing stability amid nationwide uncertainty. According to the BC Northern Real Estate Board, the city recorded 1,335 property sales in 2025, with the average home price rising modestly to $491,000. 

Prince George’s housing market in 2025 showed impressive stability, with 1,335 property sales, close to the 1,362 in 2024. The average home price rose from $467,000 in 2024 to $491,000 in 2025. Local realtor Breanne Cote notes that these figures reflect Prince George’s resilience compared to other northern B.C. communities and the Canadian market overall.

Although it’s still considered a seller’s market due to low inventory, Cote characterizes the current conditions as more balanced. With fewer buyers in the mix at this time of year, she sees a chance for those who are prepared to make a move.

“ I did say there’s lower inventory, but there’s also less buyers to compete with. Once you move into the spring market, we’ll probably get some more inventory, but we’ll also have a lot more competition.” Says Cote

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Cote anticipates that inventory levels will rise as we move into the spring season, leading to a wider selection but also stiffer competition among buyers. If you’re considering building a home, Canadian Home Builders Northern BC advises you to do thorough research, as the process of constructing a new home can take time.

“It can be up to a year-long process. And again, to get the realities of what that length of time looks like. Definitely have multiple conversations. Keep an open communication with your builder.” Says Katherine Carlson

Even amid economic uncertainty affecting housing markets nationwide, the real estate sector in Prince George’s is holding steady, with consistent sales and moderate price growth as we head into 2026.