The number of homes sold in Grande Prairie saw a nearly 50 per cent bump in September compared to the same month in 2022.
According to the Alberta Real Estate Association, Grande Prairie saw 137 homes sold in September, with most being detached homes. The average price to buy a residential property in the city in September was $337,455, an 11 per cent uptick from last year. However, according to the AREA report, the number of new listings and inventory saw a year-over-year decline, with 149 listings going on the market.
To date, this year, Grande Prairie home sales, along with the average price of a home, are down compared to the same benchmark in 2022.