April 15/19 – Team Morse Newsletter

 

teammorse.ca

April 2019 Issue


Mike Morse

Hi Everyone,

We’re into the spring market and so far, our numbers aren’t as strong as in 2018.  However, the market certainly isn’t bleak.

You can see the stats in the “What’s Our Market Doing” section below.

We were happy to hear that new owners have purchased Raffles Inn. We look forward to seeing improvements; Raffles is located in a very visible area of town.

New owners of Raffles Inn to revamp bed-bug ridden hotel

The Port’s big focus in 2019 is getting the Fairview connector road built. Our downtown has a stream of semi-trucks driving through all day long, so this is welcome news.

Port of Prince Rupert president on growing trade in 2019

Major shipping service added to Port of Prince Rupert

Wolverine’s eco-fuel station for cargo ships takes a big step forward

There was more cannabis talk, too:

BC Cannabis Store wants to alter BC Liquor Store in Prince Rupert

We’re nearing Easter, so here’s wishing you an enjoyable holiday weekend!

If you would like more information about anything mentioned in this newsletter, or if you have any real estate related questions, please contact one of us. We would be happy to meet with you to see how we can help you out.

Mike & Nikki Morse, REALTORS®

Mike Cell: 250.600.6620
Nikki Cell: 250.600.4650

RE/MAX Coast Mountains

info@teammorse.ca

WHAT’S OUR MARKET DOING?

MARCH 2019

Prince Rupert (& Area) Real Estate

Compared to the first ¼ of 2018, we’re down $4,239,751 in sales and our average sale price is down $25,475. However, keep in mind the market is still stable and active, plus we’re only looking at the first three months of the year.

SALES (all types):

# of sales in March 2018 – 22

# of sales in March 2019 – 16

YEAR-TO-DATE SALES (all types)

As of March 31, 2018 – 48

As of March 31, 2019 – 34

TYPES OF PROPERTIES SOLD IN FEBRUARY 2019:

1 – land

1 – apartment unit

1- house on more than an acre

11 -houses

1 – manufactured home on a pad

1- manufactured home on land

NUMBER OF ACTIVE LISTINGS (all types):

As of March 31, 2018 – 185

As of March 31, 2019 – 169

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

As of March 31, 2018 – $ 303,515

As of March 31, 2019 – $ 278,040

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

As of March 31, 2018 – $ 13,022,400

As of March 31, 2019 – $ 8,782,649

The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2018 through March 31, 2019.

Making the Most of the Season: 3 Spring Activities Worth Trying

bigstock-Small-townhouse-garden-with-pa-93658058-800x533.jpg

Spring is officially well-underway as we start to move into longer, brighter days and warmer temperatures. If you are looking for great activities to enjoy this season, there is no shortage of new things to try! Here are three fun activities that can help you make the most of the season.

Plant a Garden

With its mix of sunshine and showers, spring is the perfect time to start planting a garden. Keep an eye on the weather report, pick a sunny day, and get started! Planting colorful additions, such as daffodils and tulips, is great for sprucing up your home’s curb appeal. Another great option is edible plants such as parsley and tomatoes which can make for tasty additions to your meal prep!

Explore Your Neighborhood

It’s amazing how long a person can live in a place without truly getting to know the neighborhood! Spring is a fantastic opportunity to get some exercise, enjoy the fresh air, and explore. Plan out walks to different areas of your neighborhood that you haven’t had a chance to explore before—you never know what new shops or walking trails you might find!

Plan a Garage Sale

A garage sale is a perfect chance to clear the clutter from your home and make a little extra spending money on the side. When doing your spring cleaning, be sure to set aside any sellable items that you no longer have any use for. Pick a sunny weekend morning for your event and post a few signs around your neighborhood to advertise the big day. With any luck, your house should be cleaner and your wallet fuller by the afternoon!

Local Events

Rotary Easter Egg Hunt
Mariner’s Park
Saturday, April 20th at 11am
Plant and Flower Market
Sunken Gardens
Saturday, April 27th at 10am

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

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