O'Brien Lake
O'Brien Lake

O'Brien Lake Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

1

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

62

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

1

New

4(-42.86% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 10, in 2023: 5, in 2022: -

Total Sold Listings*

1

Median Sold Price

$500,000

Avg Days on Market

62 days

Median Bidding

-$9,900

Compared to number of sold, same period, in 2024: 2, in 2023: 3, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - O'Brien Lake - All types

Sold vs Active vs New vs Relisted - O'Brien Lake - All types

Sold Price Distribution - O'Brien Lake - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - O'Brien Lake - All types

Property type distribution based on data from the last 3 months.

Median Price - O'Brien Lake - All types

Just sold - O'Brien Lake

View all

Population and Demographics

Overview

Total population 1470
Average household income $164,360

Age (%)

0 to 19
36%
35 to 49
29%
20 to 34
19%
50 to 64
12%
65 and plus
3%

Household composition (%)

Single family
82%
Single person
14%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
French
3%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
87%
Renters
13%

Top 1 School in O'Brien Lake

Éâcole Catholique Louis Riel6201 Tamarack Drive, T8W 0H4, Grande Prairie, AB
6.1/10
Public

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

1/5

Few or no bars within walking distance

Shopping

1/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance