Apr 15/18 – Mike & Nikki’s Newsletter

 

mikemorse.ca

April 2018 Issue


Mike Morse

Hi Everyone!

We’re well into April, we’ve survived a crazy wind storm, and so far the spring market has been decent.

A question we have been asked quite a bit lately is “how much has the average house price gone up in Prince Rupert?”.  For your interest, here’s the average house price in the Prince Rupert area from the past five years:

2013 – $192,379

2014 – $217,651

2015 – $260,604

2016 – $264,745

2017 – $277,611

We’re not a lower mainland market by any means (!), but our prices are slowly going up.

As we always do, here are some articles that we’ve compiled over the last month to give you an idea of the news in the Prince Rupert area:

25 cruise ships to call on Prince Rupert

Port Ed’s $172,000 new boat launch ready for fishing season

Prince Rupert Grain cancels 350,000 tonnes of business

What impacts Graham Avenue’s newest neighbour may bring to Prince Rupert

Grassy Point marks fifth British Columbia LNG project cancellation in past year

Mayor responds to chopped cherry trees

Extreme winds knock down trees and put 2,860 residents out of power in Rupert

VIDEO: McKay Street Park breaks ground

Vopak investigates terminal development on Ridley Island

Prince Rupert port returns to normal fluidity despite double-digit gains

If you would like more information about market conditions in your neighbourhood, or have any other real estate related questions, please let us know.

Thank you.

Mike & Nikki Morse, REALTORS®

Mike Cell: 250.600.6620
Nikki Cell: 250.600.4650

RE/MAX Coast Mountains

Mikemorse.ca

WHAT’S OUR MARKET DOING?

MARCH 2018

Prince Rupert (& Area) Real Estate

It appears that our March and year-to-date numbers are not as strong as last year, but they are just fine. Last year at this time there were 10 more sales, but the average sale price for a house is up $31,642 from last year. So we are moving along at a good pace!

SALES (all types):

# of sales in Mar 2017 – 27
# of sales in Mar 2018 – 22

YEAR-TO-DATE SALES (all types)

As of Mar 31, 2017 – 58
As of Mar 31, 2018 – 48

TYPES OF PROPERTIES SOLD IN MARCH 2018:

3- Land
1- Half duplex
2 – Townhouses
14 – Houses
2 – Retail

NUMBER OF ACTIVE LISTINGS (all types):

As of Mar 31, 2017 – 170
As of Mar 31, 2018 – 185

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)

As of Mar 31, 2017 – $ 271,873
As of Mar 31, 2018 – $ 303,515

TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)

As of Mar 31, 2017 – $ 14,755,950
As of Mar 31, 2018 – $ 13,022,400

The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2017 through March 31, 2018.

4 Tips to Make Spring Cleaning a Breeze

Whether or not the weather really reflects it, spring is here. We all know what that means: spring cleaning!

This annual occurrence is, let’s face it, a chore in every sense of the word. So, to keep the hard work to a minimum, here are some great tips that will make spring cleaning as easy as possible.

  • Get the right dustpan
    We all get frustrated by that little line of dust which just won’t go into the dustpan. Using a dustpan with a rubber edge will minimise this problem.
  • Leave your stove until last
    When spring cleaning your kitchen, start to the right of your stove and then move clockwise around the room, finishing with your stove. This will prevent you from spreading dirt and grease from the stove into other areas. It also gives you time to soak any removable bits, making them easier to clean.
  • Whistle while you work
    Well, you don’t necessarily have to whistle, but you should find a way to entertain yourself, such as listening to music or a podcast or chatting on the phone, while doing your spring cleaning. This will keep your mood perky and your work brisk.
  • Group wayward items
    As you spring clean, you will doubtless find items in places they don’t belong. Rather than returning them to their proper places one at a time, take a laundry basket and put them in there. Once you are done, you can return them all in one go, saving time.

Local Events

First United Church’s Spring Garage Sale
Saturday, April 28 from 8am to 12pm
2nd Annual Music Bazaar – The Loonie Toonie Music Sale
Saturday, May 12 from 1:30pm to 4:30pm

This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.