What’s the Market Doing? March 2016

MARCH 2016
Prince Rupert / Port Edward Real Estate

Well, so far this year it looks like we’re busier than last year! As of March 31 we’ve had 10 more sales than in 2015. Dollar-wise, there was $14,663,970 in sales as of March 31, as opposed to $8,115,800 at the same time last year.

SALES (all types):
# of sales in March 2015 – 15
# of sales in March 2016 – 23

YEAR-TO-DATE SALES (all types)
As of end of March, 2015 – 37
As of end of March, 2016 – 47

TYPES OF PROPERTIES SOLD IN MARCH 2016:
2 – Commercial / Industrial land
1 – Half-duplex
19 – Houses
1 – Attached property

NUMBER OF ACTIVE LISTINGS (all types):
As of March 31, 2015 – 173
As of March 31, 2016 – 157

AVERAGE SALE PRICE OF A HOUSE (YEAR-TO-DATE)
As of March 31, 2015 – $238,407
As of March 31, 2016 – $293,181

The stats are based in whole or in part on information supplied by the BC Northern Real Estate Board for the period January 1, 2014 through March 2016.

MIKE MORSE CONTACT INFO:
Cell: 250.600.6620
Email: mikemorse@remax.net
Web: www.mikemorse.ca