What’s Our Market Doing? Aug 2016

Prince Rupert / Port Edward Real Estate

How would you describe our market? Very stable. If you look below, the number of sales and year-to-date sales are very similar to this time last year. There is absolutely nothing wrong with a stable, steady market. We’ll take it!

SALES (all types):
# of sales in August 2015 – 20
# of sales in August 2016 – 20

YEAR-TO-DATE SALES (all types)
As of August 31, 2015 – 153
As of August 31, 2016 – 148

TYPES OF PROPERTIES SOLD IN AUGUST 2016:
17- Houses
1 – Half duplex
1 – Townhouse
1 – House on more than an acre

NUMBER OF ACTIVE LISTINGS (all types):
As of August 31, 2015 – 186
As of August 31, 2016 – 176

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of August 31, 2015 – $244,414
As of August, 2016 – $267,520

TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)
As of August 31, 2015 – $39,363,220
As of August 31, 2016 – $35,548,001

The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2015 through August 31,2016.