Monday, January 25, 2016

Real Estate Tracker, week ending January 24, 2016

Our weekly review of the listings of the local real estate agents, tracking those properties which appear to be driving the local price structure for the North Coast.

Every Monday, we look over the listing prices of the past seven days and outline the Top 10 asking prices in the area, providing a snap shot as to where the Real Estate market may be trending on a week to week basis.

The listings below are purely for information purposes, for further background on the properties recorded, see our links page for access to the individual real estate listings.

The Archive for our weekly review can be found here.

Our list of the top ten priced homes for the week ending January 24 is below:

Prince Rupert Real Estate
West Side January 24, 2016

Prince Rupert Real Estate
East Side January 24, 2016

There was no movement to be found over the last seven days when it comes to the high end of the Prince Rupert realty market, with no additions or subtractions from our list of ten of the week just passed.

The high end overall remains marked by a 2nd Avenue West Avenue entry, with a property listing on Alpine once again holding down the final position on the week.

As for pricing, while much of the asking prices remained the same, the bottom end of our list holds at the 459,500 dollar mark once again this week.

As for the geography of the market this week, the west side of the city dominates once again this week, with seven of the ten listings found west of McBride, the majority of those in the Graham Avenue area of the city.

Last week, we outlined the year end findings from the Northern BC Real Estate Board, which outlines the real estate picture as of the end of 2015 in Prince Rupert, Terrace and Kitimat in the Northwest, as well as snapshots of the status of real estate transactions across Northern British Columbia in 2015.

You can review that item here.

Below find our findings as of the Week ending January 24, 2016

1942-46 2nd Avenue W                 $659,000  --  Royal Lepage
160 Van Arsdol Street                   $649,900   -- Remax
2040 Graham Avenue                   $595,000  -- Royal Lepage
333 - 11th Avenue East                 $575,000  -- Royal Lepage
1724 Graham Avenue                    $558,000  -- Royal Lepage
210 Heron Road                            $497,500  -- Royal Lepage
1253 Conrad Street                       $497,000  --  Remax
1125 Summit Avenue                   $469,900  --  Remax
1735 Graham Avenue                   $469,000  --  Remax
100 Alpine Drive                          $459,500 --  Remax

For more items related to Real Estate see our archive page here.

For background on Housing issues in the region see our past items here.

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