Median home sale price in Medicine Hat up from last year
MEDICINE HAT, AB — The Medicine Hat Real Estate Board is encouraged by higher prices for properties in the city.
According to the board’s most recent statistics report, the median home sale price in Medicine Hat was $260,000, up from $247,000 in June 2017.
“We’ve had about a five per cent increase on our median sale price, and those numbers are showing well,” said Tim Seitz, president of the Medicine Hat Real Estate Board. “We haven’t seen a good increase or typical increase like this for quite some time, so we’re encouraged to see this.”