Home prices tumble in Prince George

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Home prices tumble in Prince George
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Average price for single family home down $35,591 from same point last year

Single family homes sold for $484,406 on average in Prince George over the first three months of 2023, down $35,591 from the same period last year.

And average days on the market is up to nearly 60, compared to 30-40 during the same quarter last year.However, there are signs the market is starting to turn a corner, according to BCNREB. Looking at properties of all types, 188 worth $81.9 million in total changed hands in the first three months of 2023 in Prince George, compared to 325 sales adding up to $153.6 million for Q1 2022.

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