Single-family home sales in Prince George saw a small dip in August.
According to the B.C. Northern Real Estate Board, 69 sales were made last month for average selling price of $562,861 – during the same month last year 77 transactions were made for an average price of $540,037.
Director at Large, Kristin Houghtailing told MyPGNow.com sales should rise up again with the kids back in school.
“That hot streak in August spurred a lot of people out of their homes and head to the lake and try to beat the heat for a while. We are anticipating a pretty typical fall now that school is back in we have seen a rise in requests and sales that we typically do.”
On a year-to-date basis, 565 single-family units have changed hands for an average price of $542,246 – a value spike of 20-grand when compared to August of 2024 ($522,651).
These types of homes are only lasting 25 days on the open market this year, compared to 43 days during this time last year.
“I feel like this spring and trickling into the early summer there was more of an uptick in competing offers. We saw them in the summer as well.” added Houghtailing.
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