Prince Rupert / Port Edward Real Estate
As we often said in 2016, the stats for 2016 were very consistent with 2015. Although the last few months of the year showed some signs of slowing activity, overall the 2 year comparison was very similar to one another.We are hopeful that we will see more sales activity in the coming months as a result of the Alta Gas announcement last week.
TOTAL DOLLAR VOLUME OF SALES (ALL TYPES)
2015 – $ 51,428,251
2016 – $ 51,292,805
TOTAL NUMBER OF SALES (ALL TYPES)
2015 – 209
2016 – 198
NUMBER OF ACTIVE LISTINGS AT YEAR-END
2015 – 153
2016 – 150
AVERAGE SALE PRICE OF A RESIDENTIAL HOME AT YEAR-END
2015 – $ 260,604
2016 – $ 264,745
For your interest, here is the average sale price of a detached residential home at year-end for the past five years:
2012 – $183,896
2013 – $192,379 (+$8,483)
2014 – $217,651 (+$25,272)
2015 – $260,604 (+$42,953)
2016 – $264,745 (+$4,141)
The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2012 through December 31, 2016.
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