What’s Our Market Doing? July 2016

The market continues to show signs of stability, as the number of sales and listings are very comparable to last year. However, this year we are up $2,795,519 in sales. The average sale price of a house is also up $24,725 since this time last year.

SALES (all types):
# of sales in July 2015 – 25
# of sales in July 2016 – 27

YEAR-TO-DATE SALES (all types)
As of July 31, 2015 – 134
As of July 31, 2016 – 128

TYPES OF PROPERTIES SOLD IN JULY 2016:
25 – Houses
1 – House on more than one acre
1 – Land

NUMBER OF ACTIVE LISTINGS (all types):
As of July 31, 2015 – 184
As of July 31, 2016 – 180

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of July 31, 2015 – $247,760
As of July 31, 2016 – $272,485

TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)
As of July 31, 2015 – $31,694,701
As of July 31, 2016 – $34,490,220

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 July 2016.