November 15/18 – Mike & Nikki’s Newsletter

 

mikemorse.ca

November 2018 Issue


Mike Morse

Hi Everyone,

We are now in the midst of the fall season. Our real estate market in September was quite slow with only 8 sales, but thankfully it picked up in October (although we are still down in sales from last year). You’ll see the stats further down in this newsletter.

Since our last newsletter, we’ve had our municipal election. Here are the results:

Council and trustee results in Prince Rupert

For the first time in 46 years, we have an all male council.

All male council breaks 46-year Prince Rupert streak

Port Edward also has a new mayor, Knut Bjorndal.  He won by 10 votes.

Knut Bjorndal is the new mayor of Port Edward

On another note, the dilapidated Dairy Queen building in downtown Prince Rupert has been an eyesore for years, and a common topic of complaint from our residents. We recently heard the great news that the building has been purchased by the Northern Savings Credit Union. Whatever they do, anything is better than the way it is now!

Northern Savings buys old Dairy Queen building

More recently, it was announced that the government is investing $22 million in the Port to improve its capacity. The port now provides 5,000 jobs in the region and a lot of those jobs are right here in Prince Rupert.  We are seeing more and more employees of the Port buying their first home. Here are the details regarding the investment:

Government invests nearly $22M in Port of Prince Rupert

Below are some more news articles to fill you in on Prince Rupert news this past month:

$16.5M Woodworth Dam replacement project moves forward


Ottawa putting Ridley Terminals Inc. in Prince Rupert up for sale


Council tends to weed business growth in Prince Rupert

If you would like more information about market conditions, or have any other real estate related questions, don’t hesitate to contact us.

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?

October 2018

Prince Rupert (& Area) Real Estate

The market is not what we’d consider busy, but we had 13 sales this past month as opposed to 8 in September, so we’re glad that things are looking up. Our average house price is up $11,463 from last year. Our year-to-date sales are down $4,298,900 from 2017, but we can’t always come out on top!

SALES (all types):

# of sales in October 2017 – 16
# of sales in October 2018 – 13

YEAR-TO-DATE SALES (all types)

As of October 31, 2017 – 186
As of October 31, 2018 – 171

TYPES OF PROPERTIES SOLD IN OCTOBER 2018:

1 – land
1 – half duplex 
1 – townhouse
9 – houses
1- retail

NUMBER OF ACTIVE LISTINGS (all types):

As of October 31, 2017 – 168
As of October 31, 2018 – 180

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

As of October 31, 2017 – $ 279,348
As of October 31, 2018 – $ 290,811

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

As of October 31, 2017 – $ 50,228,750
As of October 31, 2018 – $ 45,929,850

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 October 31, 2018.

Make The Most Of November—Without Leaving Your Home

annie-spratt-102801-unsplash-800x567.jpg

November is finally upon us and with each passing week, the days are getting both shorter and colder. There has never been a better time to skip the outdoors and stay within the cozy confines of your home. With these helpful ideas, you can make the most of your November from the comfort of your own home!

Take Back Your Space

It can start slowly, but clutter can steadily take over your home if you aren’t careful! First, a few knick-knacks lying about from a trip last summer. Then, a couple of mementos that you never had the heart to throw away. Perhaps an emptied pizza box that didn’t quite make its way into the recycling bin. Whatever the case might be, November is a great chance to go through your home and clear out any unnecessary clutter—take back your living space!

Find A New Hobby

Even with the days getting shorter, you can still find plenty of time to start a new indoor hobby! Whether it’s painting, yoga, or playing an instrument—November is a great month to try something new. Without the allure of sunny days, it’s far easier to get invested in a new hobby. If you find one you really enjoy, it might come in handy when you need a break from the holiday stress of December!

Break Out The Holiday Decorations

If department stores can fill the aisles with holiday decorations over a month in advance, why can’t you? Get a jump-start on the holiday excitement by bringing out your holiday decorations towards the end of November. While others may struggle to find the time for decorating between shopping and arranging family dinners, you can relax and bask in the holiday cheer of your tastefully decorated interior.

Local Events

Kaien Island Craft Fair
Jim Ciccone Civic Centre
Friday, November 16th from 6pm-9pm Saturday, November 17th from 9am-4pm
Prince Rupert Chamber of Commerce presents The Grand Ball – Fall Gala & Fundraiser
North Coast Hall, Chances Prince Rupert
Saturday, November 17th, Doors open at 5:30pm
Multicultural Fair 2018
Highliner Inn
Sunday, November 25th from 1pm-4pm

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

 

Powered by avenuehq.com.

Copyright © 2018 AvenueHQ.


AvenueHQ