Tuesday, July 17, 2012

Rupert Housing sales improve from 2011 numbers

The spurt of positive news and potential development in Prince Rupert seems to have helped remove some of the doldrums of the local real estate scene.

The BC Northern Real Estate Board release its quarterly report for 2012 and local real estate agent Victor Prystay the numbers are trending well for Prince Rupert.

As of the start of July Prince Rupert had registered 65 sales, compared to 50 at this time last year. With the summer months showing an increase in interest for listings across the city.

The average selling price is holding steady, with a median price of 193,223 dollars down slightly from last years values.

By the end of June there were 271 properties listed on the MLS service.

Those in Prince Rupert seeking to sell their houses were looking at a period of 113 days to close a deal,  that's a longer period of time compared to other locations in the Northwest, Terrace reports a 71 day average to close while Smithers suggests 75 days is the average wait period.

Northern View-- Prince Rupert home sales at a four year high through first half of 2012
CFTK-- Prince Rupert Housing Sales Up-- Compared to 2011
Terrace Standard-- Terrace real estate market favours sellers

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