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Fort McMurray Market Report

$488,955

AVERAGE PRICE OF 481 HOMES

$1,959,938

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$603,300

AVERAGE PRICE OF 19 NEWLY BUILT HOMES

$437,187

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price	$488,955
Avg Bedrooms	3.51 beds
Avg Bathrooms	2.75 baths

Average Price by Bedrooms

1 bedroom	$97,790
2 bedrooms	$201,492
3 bedrooms	$380,275
4 bedrooms	$507,320
5 bedrooms	$585,759

Fort McMurray Home Price Trends

	2/2023	1/2023	12/2022	11/2022	10/2022
Total Listings	440	414	459	524	585
Average Price	$497,440	$480,192	$483,696	$499,126	$497,625
Avg Price Change	+3.59%	-0.73%	-3.19%	+0.30%	-0.81%
Median Price	$465,114	$445,755	$457,039	$474,106	$483,418
Med Price Change	+4.34%	-2.53%	-3.73%	-1.96%	-2.26%
Avg Bedrooms	3.47 beds	3.43 beds	3.46 beds	3.58 beds	3.65 beds
Avg Bathrooms	2.74 baths	2.68 baths	2.7 baths	2.75 baths	2.81 baths

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	481	$488,955	67 days
Multi-Million Dollar Homes	16	$1,959,938	210 days
Newly Built Homes	19	$603,300	52 days
Reduced Price Homes	16	$437,187	73 days

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated March 22, 2023 5 PM CST