Prices for properties in the Grande Prairie real estate market continued to trend upward in April.
According to the latest report from the Alberta Real Estate Association, in April the total average price for the area was $334,390, which is a 6.2 per cent increase. While the year-to-date average residential price in the Grande Prairie market is $326,228, which is a four per cent uptick from the same period in 2023.
In April 156 properties sold, with the majority of properties being detached homes. However, the 17 semi-detached properties sold equalled a 240 per cent increase compared to the same month last year. For April, the market’s sales-to-new-listings ratio rose to nearly 85 per cent, with 184 new listings going live.
