Prince Rupert Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

1 active

New

4(0% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: -, in 2022: -

Total Sold Listings*

- sold

Median Sold Price

Avg Days on Market

- days

Median Bidding

Compared to number of sold, same period, in 2024: 0, in 2023: -, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Prince Rupert - All types

Sold vs Active vs New vs Relisted - Prince Rupert - All types

Sold Price Distribution - Prince Rupert - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Prince Rupert - All types

Property type distribution based on data from the last 3 months.

Median Price - Prince Rupert - All types

Population and Demographics

Overview

Total population 1365

Average household income $105,704

Age (%)

20 to 34

26%

35 to 49

22%

50 to 64

21%

0 to 19

18%

65 and plus

13%

Household composition (%)

Single family

43%

Single person

43%

Multi person

13%

Multi family

Mother tongue (%)

English

78%

Tigrigna

Tagalog (Pilipino, Filipino)

Others

Vietnamese

French

Mandarin

Yue (Cantonese)

Spanish

Ukrainian

House tenancy (%)

Renters

56%

Owners

44%

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a few minutes' walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Variety of restaurants within walking distance