By CKPGToday

Steady Rise Continuing In Local Real Estate

Oct 6, 2017 | 10:44 AM

The Northern BC Real Estate Board is reporting a increase in sales activity and in the price of listings in Prince George through the first nine months of 2017.
Overall in Prince George, more than 12 hundred properties have changed hands through the first nine months of the year, an increase of 7%.
The College Heights region continues to lead the way with an average selling price of $387,500 dollars. North of the Nechako the average price of homes sold was $322,000. The eastern side of the bowl saw an average price of $320,000 and the western side of the side of Prince George saw an average price of $282,000.
Overall, the average price of a home sold in Prince George has climbed to nearly $318,000, an increase of about $35,000 over the last two years.
The Northern Real Estate Board says prices are likely be driven up by limited inventory for residential detached houses.
A listing of sales in communities across the north is listed below.

 
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