The number of homes sold in Grande Prairie saw a nearly 40 per cent bump in October compared to the same month in 2022.
According to the Alberta Real Estate Association, Grande Prairie saw 124 homes sold in October, with most being detached homes. The average price to buy a residential property in the city throughout the 31 days was $326,874, a six per cent uptick from last year but a $10,874 drop from the month before. According to the AREA report, the number of new listings and inventory saw a year-over-year decline, with 112 new listings put 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.