MARCH 2017
Prince Rupert (& Area) Real Estate
March was a decent month in real estate in our area; we saw a steady number of listings and sales.There were 11 more sales than last year at this time, which is significant. It should be noted that at this point in the year, the average sale price of a house is down compared to last year. This indicates that more expensive homes sold last year by March 31, than this year. It will be interesting to see what the average house price does as the year progresses.
SALES (all types):
# of sales in March 2016 – 23
# of sales in March 2017 – 27
YEAR-TO-DATE SALES (all types)
As of March 31, 2016 – 47
As of March 31, 2017 – 58
TYPES OF PROPERTIES SOLD IN MARCH 2017:
2- Land
1- Multi-family
1 – Apartment unit
1 – House on more than an acre
18 – Houses
3 – Manufactured homes on a pad
1 – Retail
NUMBER OF ACTIVE LISTINGS (all types):
As of March 31, 2016 – 157
As of March 31, 2017 – 170
AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of March 31, 2016 – $ 293,181
As of March 31, 2017 – $ 271,873
TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)
As of March 31, 2016 – $ 14,663,970
As of March 31, 2017 – $ 14,755,950
The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2016 through March 31, 2017.
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