Prince Rupert home sales at a four-year high through the first half of 2012
The BC Northern Real Estate Board released its sales figures for the first half of 2012 on July 4, and more properties were sold in Prince Rupert than in the first half of 2011.
So far this year there have been 83 properties worth $14.2 million compared to 56 properties worth $10.35 million through the first half of 2011.
The number of homes sold in Prince Rupert also increased from 50 last year to 65 this year, while the average selling price of is down slightly from $193,534 last year to $193,223 this year, with homes selling in an average of 113 days to sell. The 65 homes sold in Prince Rupert is the highest number sold in the first six month in the last four years.
That is quite the turnaround from the first quarter of 2012. In those numbers, 21 homes had been sold compared to 25 the previous year, and the average selling price was $168,907 compared to the $171,909 in 2011.
At the end of June there were 271 properties available for purchase through the multiple listing service.