May 2016 Real Estate statistics are out and here are some quick highlights:
The overall number of sales in Prince George was up 6.6%
The number of new listings that hit the market was down 3.4%
Overall the number of Active listings was down a whopping 16.3%!! This explains why those people that are looking for houses to buy are having some challenges. New listings that are in good condition are being sold quickly.
The median sales price on a 12 month rolling average is up 4% to $255,000.....which still makes Prince George and amazingly affordable place to live!