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Prince George Market Update — Week 1, June 2026
Summer activity is officially picking up. This past week brought 65 new single-family listings to the market, while 40 homes moved into pending or closed status and another 15 expired or were cancelled. That puts total active inventory at 397 single-family homes, with an average list price of $667,561. Inventory is still building as we move deeper into the selling season, which is exactly what we'd expect for early June — more sellers are testing the market, and buyers have a wider selection than they did earlier this spring. The gap between that $667,561 average list price and what homes are actually selling for is worth paying attention to, and it tells us a lot about where pricing expectations sit versus reality right now.
That reality shows up clearly in the month-to-date numbers. So far in June, 20 homes have completed at an average sale price of $547,689, against an average list price of $558,415 on those sold homes — a list-to-sale ratio of roughly 98%. In plain terms, well-priced homes are selling close to asking, but buyers aren't overpaying. Homes are moving in an average of 22 days, noticeably faster than the 30-day pace on the 3-month rolling average (247 homes sold at an average of $557,488). That speed-up is the strongest signal in this week's data: properly priced and marketed homes are selling quicker than they have over the past quarter. For sellers, the takeaway is that pricing and presentation matter more than ever — with nearly 400 active listings competing for attention, the homes winning in those critical first 10 days are the ones priced right and marketed well out of the gate. For buyers, there's genuine selection to work with, but the faster pace means hesitating on a sharp, well-priced listing can cost you. The market is sitting in balanced territory, leaning slightly toward sellers on the homes that are doing things right.
Interested in Your Home's Value?
Email me for a personalized market assessment. I respond to every inquiry personally and prioritize open communication with our clients. I'm here to help!
- Colin Breadner
Team Leader/ One Oak Real Estate Group
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Notable New Listings
I like to start by outlining the best value based on $/sqft. The 3 best value homes listed this week are 1411 Strathcona Ave, a 5 bed, 12 bath, 1,974 sqft VLA home listed for $95,000 ($48/sqft), 777 Gillett St a 5 bed, 2 bath, 2,215 sqft Central home listed for $374,900 ($169/sqft), 820 Blackburn Rd N a 3 bed, 2 bath, 2,772 sqft North Blackburn home listed for $469,900 ($169/sqft).
The 3 homes listed this week with the highest $/sqft are 11320 Smaaslet Rd a 3 bed, 3 bath, 3,329 sqft Beaverley home listed for $1,875,000 ($563/sqft), 5230 Meier Sub Rd a 2 bed, 1 bath, 990 sqft Cluculz Lake home listed for $489,900 ($494/sqft), 14550 Blackwater Rd a 3 bed, 2 bath 1,801 sqft Blackwater home listed for $819,000 ($454/sqft).
The only 3 home this week priced below its assessed value is 1411 Strathcona Ave a 5 bed, 2 bath, 1,974 sqft VLA home listed for $95,000 (33% below its tax-assessed value), 4293 Punchaw Cres a 5 bed, 3 bath, 2,320 sqft Lakewood home listed for $419,900 (16% below its tax-assessed value), 7650 Grayshell Rd a 8 bed, 5 bath, 5,882 sqft Vista Ridge home listed for $998,000 (12% below its tax-assessed value).
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Notable New Sales
The 3 buyers that secured the largest discounts this week are the buyers of 2629 Gunn Rd who secured a 22% discount off the $255,000 asking price (sale price $200,000). The buyers of 49815 Tapping Rd who secured a 6% discount off the $349,900 asking price (sale price $330,350). The buyers of 13360 Lerelyn Rd who secured a 5% discount off the $629,800 asking price (sale price $600,000).
The 3 highest cost per sqft sales this week 49815 Tapping Rd 2 bed, 1 bath, 886 sqft Cluculz Lake home sold for $330,350 ($372/sqft), 6770 Cranbrook Hill Rd a 4 bed, 2 bath, 2,609 sqft Cranbrook Hill home sold for $855,000 ($327/sqft). 1282 Froreman Rd a 4 bed, 3 bath, 3,100 sqft North Blackburn home sold for $890,000 ($287/sqft).
The 3 highest sales this week were 1282 Foreman Rd 4 bed, 3 bath, 3,100 sqft North Blackburn home sold for $890,000. 6770 Cranbrook Hill Rd a 4 bed, 2 bath, 2,609 sqft Cranbrook Hill Rd home sold for $855,000. 7830 St. Thomas Pl a 4 bed, 2 bath, 3,381 sqft St. Lawrence Heights home sold for $712,500.
If you are looking for details on a recent sale not mentioned here, email me and I will send you the sale price.
Whether you’re looking for further clarification on the points and insights above, would like to discover your specific home value, or just have real estate questions you’d like answered, I’d love to hear from you!
Reach out to me directly at colin@oneoakgroup.ca or 778-234-0865.
All data provided by the Northern BC Real Estate Board for the period of Nov. 22nd, 2025 to May 31st, 2026.
| | | One Oak Group | 2551 Queensway St | Prince George, BC V2L 1N1 CA | | | | |
