The price of housing in Whitehorse jumped again in the second quarter of this year, setting record highs in the cost of single-family homes and mobile homes.
The average price of a single-detached home hit $529,500, up $52,500 or 11 per cent compared to the average price of $477,000 in the first three months of this year, according to the second quarter real estate report by the Yukon Bureau of Statistics.
The average price of a mobile home sold in the first three months of this year was $255,000. The average price soared by $86,300 – 34 per cent – in the second quarter, says the report.
The price of a condo, on the other hand, fell to $354,700 from the record high of $387,400 set in the first three months of the year.
Duplexes sold for an average of $378,700 in the second quarter, up from $357,400 in the first quarter, representing a difference of $21,300 or six per cent.
The second quarter report says the price of the 12 country residential properties sold in Whitehorse fetched an average $693,200.
Remove the country residential sales from the equation and the average single-family home in Whitehorse sold for $501,000 in the second quarter compared to the average of $472,500 in the same period last year.
The values of sales in urban subdivisions were led by Granger, with the price of the four homes sold averaging $554,500.
Sales were most brisk in the Whistle Bend neighbourhood, with 21 homes selling for an average price of $515,600 compared to the average price of $489,400 for the average of the 20 homes sold in Copper Ridge, which includes Logan and Ingram.