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August 2017 – Prince Rupert (& Area) Real Estate
From the August stats, our market is showing no major signs of an impact from the Petronas announcement. The number of sales is down from August of last year, however, the number of sales from July 2017 was also down. So, it’s difficult to make assumptions at this point.
Our average sale price is up from this time last year, and $1503 more than last month. We are still faring well overall, and seem to be going steadily along.
SALES (all types):
# of sales in August 2016 – 15
# of sales in August 2017 – 20
YEAR-TO-DATE SALES (all types)
As of August 31, 2016 – 148
As of August 31, 2017 – 153
TYPES OF PROPERTIES SOLD IN AUGUST 2017:
1- Half-duplex
2 – Houses on more than an acre
12 – Houses
NUMBER OF ACTIVE LISTINGS (all types):
As of August 31, 2016 – 176
As of August 31, 2017 – 184
AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of August 31, 2016 – $ 267,520
As of August 31, 2017 – $ 286,186
TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)
As of July 31, 2016 – $ 39,363,220
As of July 31, 2017 – $ 41,368,100
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 August 31, 2017.
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