Homes In The Hart See Largest Property Value Increase

By Ashley Burr
April 14, 2018 - 10:35am Updated: April 14, 2018 - 12:00pm

PRINCE GEORGE -  The northern part of the city is currently profiting the most when it comes to real estate investments.

According to the BC Northern Real Estate Board (BCNREB), over the last three months in the Hart 29 single-family homes sold with a median price of $360,000. That is $70,100 more than last year's $289,900.

The second most profitable area so far this year has been properties located east of the by-pass. 34 single-family homes sold with a median value of $247,000, up $35,000 compared to this time last year.

However, housing sales overall are down for this time of year in Prince George. BCNREB says the decrease in sales could in part be due to Prince George's longer than normal winter. Over the last three months, a total of 267 Prince George properties have been sold. 

BCNREB expects sales will pick back up as warmer spring weather approaches. 

 

 

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