Property sales in Prince Rupert in 2013 double that of 2012

The value of real estate sales in Prince Rupert in 2013 more than doubled that of 2012.

The value of real estate sales in Prince Rupert in 2013 more than doubled that of 2012, with more than 100 more properties trading hands last year than the year before.

In total, 261 properties worth $55 million was sold in Prince Rupert compared to 160 properties worth $26.9 million last year — an increase of 101 properties and $28.9 million.

Of those 261 properties, 187 single family homes were sold for an average of $192,379 compared to 127 homes being sold for an average of $183,896. The $192,379 average selling price was the highest in the last three years and is up $17,162 from the average selling price in 2011.

Other sales in Prince Rupert included 26 parcels of vacant land, five townhouses and three half-duplexes. At the end of the year there were 190 properties still listed for sale in Prince Rupert, down from the 214 properties listed at the end of 2012.