Prince Rupert / Port Edward Real Estate
In January 2016, the average sale price of a residential home was $265,000. This fluctuated throughout the year (for example February was $298,623 and July was $272,485) but it settled at $264,745 in December, very similar to the start of the year. It’s up just over $4,000 from December 2015.
Overall, the dollar amount of year-to-date sales for 2016 are strikingly similar to 2015. The announcement of the AltaGas propane export facility was a positive way to start the year. This leaves us wondering what 2017 will bring … only time will tell!
If you have any questions or want to discuss, don’t hesitate to contact one of us. Mike @ 250.600.6620 or Nikki @ 250.600.4650.
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SALES (all types):
# of sales in December 2015 – 8
# of sales in December 2016 – 9
YEAR-TO-DATE SALES (all types)
As of December 31, 2015 – 209
As of December 31, 2016 – 198
TYPES OF PROPERTIES SOLD IN DECEMBER 2016:
1- Commercial/Industrial land
2 – Residential land
2 – Half duplexes
1 – House on more than one acre
3 – Houses
NUMBER OF ACTIVE LISTINGS (all types):
As of December 31, 2015 – 153
As of December 31, 2016 – 150
AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of December 31, 2015 – $ 260,604
As of December 31, 2016 – $ 264,745
TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)
As of December 31, 2015 – $ 51,428,251
As of December 31, 2016 – $ 51,292,805
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 December 31, 2016.
