Sales in first Quarter Prince George
April 6, 2010News Release
In the first quarter of 2010 sales of properties of all types through the Multiple Listing Service® (MLS®) of the BC Northern Real Estate Board (BCNREB) were significantly higher than a year ago. To the end of March, 887 properties with a value of $180.8 million changed hands in the area served by the members of the BCNREB, compared to 589 properties worth $117 million in the first 3 months of 2009. As of March 31st, 2010 there were 4347 properties of all types available for purchase through the MLS®, compared to 4018 at this time last year. President Claudia Holland comments, “The overall market is picking up tentatively with more
homes being listed and more buyers purchasing as spring comes upon us. With the first quarter of 2009 being a time most people would like to forget, the statistics are showing a cautious recovery. With expanded resource exploration and development, the north is seeing positive growth and that is reflected in the real estate industry.”
City of Prince George: 246 properties of all types, worth $54.6 million have changed hands in the first 3 months of 2010 in the City of Prince George compared with 208 properties worth $45.7 million in the same time period last year. In the west part of the City, the median price of the 51 single family homes that have sold on MLS® was $220,500 ($189,000 in 2009). In the area east of the By-pass, the 29 single family houses that sold had a median value of $179,500($173,500 in 2009). In the northern part of the City, commonly referred to as “the Hart”, 31 single family homes sold with a median price of $239,950 ($249,900 in 2009). In the southwestern section of the City, 52 homes have sold since January with a median price of $268,000($290,000 in 2009). At the end of March there were 649 properties of all types available on the MLS® within the City limits, compared to 683 at the same time last year. The members of the BC Northern Real Estate Board are committed to improving the Quality of Life in their communities. The BC Northern Real Estate Board supports the growth which encourages economic vitality, provides housing opportunities and builds communities with good schools and safe neighbourhoods. The REALTOR® members of the BC Northern Real Estate Board serve the real estate needs of the communities from Fort Nelson in the north to 100 Mile House in the south and from the Alberta border to Haida Gwaii.
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posted by Colin @ 11:27 AM
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