
Prince Albert benchmark home price tops $260,000
For the second month in a row, the benchmark price of homes sold in Prince Albert grew by over 8 per cent, giving the city a price of $260,000.
The increase is part of an overall upward trend in real estate prices in Saskatchewan and indicative of a growing shortage of supply.
In January, 32 homes were sold in the city, almost 40 per cent higher than the same time last year and a 53 per cent increase in the 10 year average.
As is typical, the largest number of houses sold were in the $100,000 to $200,000 price range with the second largest sale value between $300,000 and $400,000.