What’s Our Market Doing? June 2016

For the month of June, the number of sales were down compared to the same month last year, however regarding total dollar value, we are up almost $4 million. The year-to-date sales and number of active listings are similar to last year; the market remains very stable. When comparing year to year, the average sale price of a house is up $43,552. However since last month, the average sale price has gone down $2,255.

SALES (all types):
# of sales in June 2015 – 34
# of sales in June 2016 – 22

YEAR-TO-DATE SALES (all types)
As of June 30, 2015 – 109
As of June 30, 2016 – 101

TYPES OF PROPERTIES SOLD IN JUNE 2016:
2 – Apartment units
19 – Houses
1 – Manufactured home on a pad

NUMBER OF ACTIVE LISTINGS (all types):
As of June 30, 2015 – 186
As of June 30, 2016 – 181

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of June 30, 2015 – $241,503
As of June 30, 2016 – $285,055

TOTAL SALES OF ALL TYPES (YEAR-TO-DATE)
As of June 30, 2015 – $24,532,451
As of June 30, 2016 – $28,529,220

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 June 2016.