What’s the Market Doing? April 2016

April 2016
Prince Rupert / Port Edward Real Estate

Prince Rupert’s market remains steady. As of the end of April, our sales volume was at $18,222,970 as opposed to $12,488,700 at the same time last year. It’s interesting to note that all of our April sales were residential; there were no commercial sales.

SALES (all types):
# of sales in April 2015 – 21
# of sales in April 2016 – 15

YEAR-TO-DATE SALES (all types)
As of end of April, 2015 – 58
As of end of April, 2016 – 62

TYPES OF PROPERTIES SOLD IN MARCH 2016:
3 – Residential land
1 – Half-duplex
11 – Houses

NUMBER OF ACTIVE LISTINGS (all types):
As of April 30, 2015 – 184
As of April 30, 2016 – 167

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of April 30, 2015 – $242,540
As of April 30, 2016 – $289,202

The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2014 through April 2016.