Monday, October 15, 2018

Real Estate Tracker: Week ending October 14 2018

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 October 14, 2018 is below:

Real Estate Listings on the East Side of Prince Rupert
Week ending October 14, 2018
Real Estate Listings on the West Side of Prince Rupert
Week ending October 14, 2018

Mid October brought no changes to the listings roster for the ten top end real estate in Prince Rupert.

Our review continues to feature seven  properties on the west side of the McBride Street line for this week, with three located towards the east.

The benchmark for this week back remains just above the six million dollar point,  set at $6,046,000.

The lowest mark for the list of ten is set at  $556,000, while our top end from the last week features a new price point of  $674,000

Below find our findings as of the Week ending October 14, 2018

1830 Graham Avenue                   $674,000 -- Reamx
1800 Atlin Avenue                        $639,000 -- Remax
1042 Edward Street                       $625,000  -- Realty Executives
1881 Graham Avenue                    $599,000 --  Realty Executives
2017 Graham Avenue                    $599,000 --  Remax
2230 Graham Avenue                    $599,000 -- Remax
1027 Borden Street                        $588,000 --  Realty Executives
2067 Graham Avenue                    $588,000 -- Remax
536 Sherbrooke Avenue                 $579,000 -- Remax
638 11th Avenue East                    $556,000 -- Realty Executives


The majority of the focus for real estate on the week was found in the Kitimat area, where as we noted last week on the blog, the LNG Canada announcement has sent sales surging, with few properties now left in the For Sale Category.

Such has been the frenzy of activity since the announcement that the LNG terminal will be going ahead, that the Terrace market has also seen a significant bump in interest and sales.

Last week we also outlined the third quarter results for Real Estate in the Northwest from the Northern BC Real Estate Board, which had noted that Terrace was setting the pace in the region when it came to sales.

When the BCNREB charts the numbers for the fourth quarter, it would appear  quite likely that the pace will have shifted that compass just a bit south, with Kitimat surely set to take the lead in realty findings through to the end of December.

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.

To return to the most recent blog posting of the day, click here.


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