Peace River
Peace River Housing Market Report
Strong Buyer's Market
All types - for the month of March
Buyer's market Seller's market
8
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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.
142
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*
59 active
New
22(+15.79% YoY)
Relisted
-(- YoY)
Compared to number of active, same period, in 2024: 77, in 2023: 63, in 2022: -
Total Sold Listings*
7 sold
Median Sold Price
$226,000
Avg Days on Market
142 days
Median Bidding
-$10,000
Compared to number of sold, same period, in 2024: 4, in 2023: 6, in 2022: -
*Data is for the month of March
Median Sold Price vs Average Days and Average Total Days on Market - Peace River - All types
Sold vs Active vs New vs Relisted - Peace River - All types
Sold Price Distribution - Peace River - All types
Sold price distribution per the last 3 months's sold listings.
Property Type Distribution - Peace River - All types
Property type distribution based on data from the last 3 months.
Median Price - Peace River - All types
Just listed - Peace River
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Just sold - Peace River
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Population and Demographics
Overview
Total population 5466
Average household income $133,788
Age (%)
0 to 19
28%
35 to 49
21%
20 to 34
21%
50 to 64
17%
65 and plus
12%
Household composition (%)
Single family
64%
Single person
31%
Multi person
5%
Multi family
0%
Mother tongue (%)
English
84%
Tagalog (Pilipino, Filipino)
4%
French
4%
Others
3%
German
1%
English and French
1%
House tenancy (%)
Owners
61%
Renters
39%
Top 3 Schools in Peace River
Glenmary School8801 - 96 Street, T8S 1R6, Peace River, AB
5.6/10
Public•
Peace River High School10001 - 91 Avenue, T8S 1Z5, Peace River, AB
5/10
Public•
Good Shepherd School9810 - 71 Avenue, T8S 1R4, Peace River, AB
4.9/10
Public•