Real estate activity across the South Peace River region returned to a more typical pace in October after an above average September, while limited housing supply continued to put upward pressure on prices.
According to the latest data from the Association of Interior Realtors, the region recorded 35 residential sales last month. That is down from the 41 sales recorded in September, but represents a 28.1 per cent increase compared to October 2025.
Association President Ryan Mayne said the month-to-month changes are normal for the region, although low inventory remains a challenge for buyers.
“Following an above-average September, real estate activity in the South Peace River region settled into a more typical pace in October, which isn’t unexpected given the natural month-to-month fluctuations we tend to see in this region,” said Mayne.
“Buyer demand remains steady, however, persistently low inventory levels continue to tighten supply and put upward pressure on prices.”
The number of homes available for sale across the region remains limited. Total active listings fell 10.6 per cent year over year to 186 properties, while new listings dropped 11.5 per cent, with 46 properties entering the market.
With fewer homes available, average prices saw modest increases across major property types.
The average price of a single family home rose 2.7 per cent compared to October 2025, reaching $306,281. Homes also spent less time on the market, with average days on market falling 38 per cent to 49 days.
Mobile home prices also edged higher, with the average reaching $194,667, up 2.1 per cent year over year.
Across the wider Association of Interior Realtors region, 1,079 residential sales were recorded in October, down 15.2 per cent from the same month last year.
While broader economic pressures have contributed to a slower market compared to earlier in the year, association leadership says the Interior market continues to hold a steady course compared to other parts of the province.
For buyers and sellers navigating changing conditions in the South Peace, local real estate professionals recommend seeking expert guidance when planning their next move.
