Princeton Real Estate Update

Princeton BC Real Estate Market Update: May 2, 2023

The real estate market in Princeton, BC saw a mix of activity in April 2023, with some increases and decreases across different metrics. Here's a closer look at the latest Princeton BC real estate stats:

New Listings
There were 32 new listings added to the market in April 2023, which is a 4% increase from the same month last year. This increase in new listings suggests that, in preparation for the spring market, more homeowners are putting their properties up for sale.

Home Sales
The total number of home sales in Princeton, BC decreased by 40% compared to the same month last year, with a total of only 6 homes sold in April 2023. This significant drop in sales suggests a slowdown in buyer demand for homes in the area.

Average Home Price

The average home price in Princeton, BC decreased this year by 14% compared to last year, reaching $427,584 in April 2023. This decrease in average home price may be due to the decrease in demand from buyers, as well as an increase in available inventory.

Inventory Levels

There were 91 active listings in Princeton, BC at the end of April 2023. This is a significant increase compared to last month and as sellers prepare to list their properties for the spring market, there is more inventory available for buyers to choose from.


Overall, the real estate market in Princeton, BC saw a mix of activity in April 2023. While new listings increased slightly, there was a significant drop in home sales and average home price. However, the increase in available inventory may be a good sign for buyers looking for a property in the area. Nevertheless, we anticipate increased buying activity during the peak months of the spring market. As always, it's important to consult with your Century 21 Horizon West real estate professional to understand the specifics of the market and how they may impact your individual buying or selling strategy.

Century 21 Horizon West Realty 
224 Bridge Street, Princeton B.C.