The South Peace River real estate market had a busy September, with home sales climbing while the number of properties available for buyers continued to shrink.
A total of 41 residential properties changed hands across the region last month, a 28.1 per cent increase from September 2025 and up from the 31 sales recorded in August.
The increase in sales also pushed the region’s total dollar volume to $14.5 million, up 46.6 per cent from the same month last year.
The Association of Interior REALTORS® said sales in the South Peace River area also came in well above the 10-year average for September.
At the same time, buyers are facing a smaller pool of available properties.
There were 203 active listings across the region at the end of September, down 5.6 per cent from a year earlier.
New supply also declined, with 35 properties listed for sale during the month — a 10.3 per cent drop compared with September 2025.
That combination of strong demand and fewer new listings is keeping inventory from building up.
“In a market of this size, even modest shifts in supply and demand can have a noticeable impact on overall conditions,” said Ryan Mayne, president of the Association of Interior REALTORS®.
“If demand continues to outpace the supply of new listings, we could see some more upward pressure on prices in the coming months.”
Single-family homes continued to make up the bulk of sales in September, with 26 properties changing hands, up four per cent from a year earlier.
Those homes also moved faster, spending an average of 57 days on the market — a 23.7 per cent decrease from last year.
The average single-family home price, however, dipped 3.1 per cent to $319,488.
Inventory in the segment also tightened, falling 17.8 per cent to 106 homes.
The mobile-home market saw one of the sharper changes in the region.
Five mobile homes sold in September, up 66.7 per cent from the same month last year, while the average price jumped 28.9 per cent to $302,500.
There were 19 mobile homes available for sale, down 13.6 per cent year over year.
Condos and apartments remained quiet, with no sales recorded in September despite 22 active listings.
While the broader Interior B.C. market continues to gradually recover amid ongoing economic uncertainty, the South Peace River region is showing a different pattern.
Strong buyer activity combined with limited inventory could put more pressure on prices if the supply of new listings remains low heading into the fall.
For buyers, that could mean fewer options to choose from, while sellers may find themselves entering a market where well-priced properties are attracting attention quickly.
