Fort McMurray’s housing market is continuing to see major growth.
According to Fort McMurray Realtors May report, 70 single-family detached homes were sold in May averaging $616,719. That’s up from 46 that were sold in April for an average of $632,293.
In May 2016, the average price of a single-family detached home was $527,500, with only two homes being sold.
Due to the evacuation last year, the Realtors note it’s not useful to compare numbers year over year.
There are currently 460 homes on the market, which includes 159 new listings.