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Grande Prairie home sales trend upward in August

Compared to the same month in 2023 home sales in Grande Prairie saw a double-digit bump in August.

According to the Alberta Real Estate Association, 140 homes were sold in the 31 days up 10.2 per cent from the previous year. However, in August, the number of new listings that went on the market saw a year-over-year decline by 20.5 per cent.

The average price in the city saw a 3.6 per cent boost, at $342,256.

From January to August there has been an eight per cent increase in the number of home sales in the city, with 997 properties sold. The majority of sales are detached homes with 754 having been sold in the first eight months of 2024.

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