Monday, July 31, 2017

Real Estate Tracker: Week ending July 30, 2017

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 July 30, 2017 is below:

Prince Rupert Real Estate, East side, week ending July 30 2017
Prince Rupert Real Estate, West side, week ending July 30 2017

With the final month of the summer just one sunrise away, we find little movement on our listing of the ten highest priced properties in the city, with the list of ten more or less familiar from that of last week.

The Graham Avenue area continues to see the most significant attention with six of our ten properties featuring addresses on that west side roadway, with properties on Borden and Beach rounding out the western exposure for the week.

The east side of the city claims two spots this week in the top ten, both in the Conard/PR Blvd area of the city.

How the recent news of the cancellation of the Pacific NorthWest LNG mega project proposed for Lelu Island near Port Edward affects the local realty market will be worth watching as the weeks and months move forward.

That highly anticipated industrial development had provided for much of the speculative investment in real estate over the last few years, the cancellation of the project  could bring with it some increased volatility for the North Coast realty listings ahead.

The combined value this week of our ten high end listings is $6,602,000

The lowest mark for the list of ten was found at $499,000, while our top end from the last week is again listed at $829,000.

Below find our findings as of the Week ending July 30, 2017

2280 Graham Avenue                   $829,000 --  Remax
1027 Borden Street                       $789,000 --  Realty Executives
1830 Graham Avenue                   $759,000 --  Realty Executive
1881 Graham Avenue                   $710,000 --  Remax
2230 Graham Avenue                   $689,000 --  Remax
1810 Graham Avenue                   $660,000 --  Remax
1232 Conrad Street                       $569,000 --  Realty Executives
1208 Beach Place                          $559,000 --  Remax
1805 Graham Avenue                   $539,000  --  Royal Lepage
1119 Prince Rupert Blvd               $499,000  --  Realty Executives
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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