Maison A Vendre Granby – 2024 Prices and Market Trends

The Granby real estate market demonstrated exceptional vitality throughout 2024, with transaction volumes surging and property values appreciating significantly. Approximately 1,200 properties changed hands during the year, representing a 20% increase compared to 2023 activity levels. This growth positioned Granby as a dynamic market within Quebec’s Eastern Townships region, attracting both local buyers and those seeking alternatives to Montreal’s higher price points.

Single-family homes dominated sales activity, while condominium inventory provided entry-level opportunities at lower price thresholds. Median home values reached $468,250 by the fourth quarter of 2024, marking a 9% increase from the same period in 2023. The market showed particular momentum in the final quarter, when transaction volume jumped 44% compared to seasonal expectations.

What is the average price of a house in Granby?

1. Median single-family home prices reached $468,250 in Q4 2024, up 9% from Q4 2023
2. The full-year average price for single-family homes stood at $492,900 across 558 sales
3. Condominium values recovered to $342,000 by Q4 after mid-year volatility
4. Total transaction volume reached approximately 1,200 properties, a 20% annual increase
5. Fourth quarter activity surged 44% with 309 transactions completed
6. Most sales concentrated in the $330,000 to $670,000 price range
7. Granby’s Q2 median of $429,500 remained below the provincial average of $452,500

What are the best neighborhoods to buy a house in Granby?

Specific neighborhood-level data regarding school quality, amenities proximity, and micro-market performance remains unavailable in current transaction records. The Granby agglomeration encompasses the city proper plus Saint-Paul-d’Abbotsford, Roxton Pond, Saint-Alphonse-de-Granby, and Bromont, but comparative analysis between these sectors has not been published in accessible market reports.

Available Geographic Information

Property transactions across the broader Granby region include activity in all five municipalities comprising the agglomeration. However, granular data distinguishing price trends, inventory levels, or demographic profiles between specific quarters or sectors within Granby city limits has not been released by the Association professionnelle des courtiers immobiliers du Québec (APCIQ).

Data Limitations for Neighborhood Selection

Buyers seeking detailed neighborhood comparisons should consult local municipal planning documents or engage directly with real estate professionals operating in specific sectors. Current market statistics aggregate data at the city-wide or regional level, masking variations between individual neighborhoods that typically influence buying decisions such as walkability scores, school district boundaries, or proximity to commercial centers.

What types of houses are available in Granby?

Single-Family Homes

Single-family properties constitute the dominant housing type in Granby, accounting for 225 of the 309 transactions recorded in Q4 2024. These homes commanded median prices of $468,250 by year-end, with the majority falling between $330,000 and $670,000. In Q2 2024, 214 single-family sales occurred out of 309 total transactions, representing a 16% increase in volume compared to the previous year.

Condominiums

Condominium inventory provided more accessible entry points, with Q4 2024 median prices at $342,000, up 9% from Q4 2023. However, mid-year data revealed volatility, with Q2 2024 condo prices at $309,000 representing a 10% decline from Q2 2023 levels. Sales volume remained steady at 56 units in Q4 and 58 units in Q2.

Market Distribution

The property mix heavily favors detached single-family residences, which represented approximately 73% of Q4 transactions. Condominiums accounted for roughly 18% of sales, with the remainder comprising multi-unit or specialized property types not separately categorized in available data.

How to find and buy a house in Granby?

Market Inventory and Timing

Active listings increased substantially throughout 2024, with 386 properties available in Q2 and 405 new listings registered in Q4—a 17% quarterly surge. This inventory expansion occurred alongside a 24% province-wide increase in listings, suggesting broader market normalization. Granby real estate Q2 2024 data showed single-family homes requiring 67 to 72 days to sell on average, though recent figures indicate this has compressed significantly.

Regional Context

The Granby agglomeration extends beyond city limits to include Saint-Paul-d’Abbotsford, Roxton Pond, Saint-Alphonse-de-Granby, and Bromont. Buyers considering the broader region should note that Granby’s Q2 2024 median of $429,500 positioned it slightly below the provincial average of $452,500, offering relative value within Quebec’s heated market.

How have house prices in Granby evolved over time?

1. Q4 2018

   Median single-family home price: $215,000 — La Voix de l’Est

2. Q4 2023

   Median single-family home price: $430,000 — La Voix de l’Est

3. Q2 2024

   Median single-family home price: $429,500 (3% increase from Q2 2023) — Granby Express

4. Q4 2024

   Median single-family home price: $468,250 (9% increase from Q4 2023); Annual average reaches $492,900 — Granby Express and OpenHouse QC

Is it a good time to buy a house in Granby?

What is the state of the real estate market in Granby in 2024?

The Granby real estate market experienced strong growth in 2024, characterized by robust transaction volume and steady price appreciation. The region recorded approximately 1,200 property transactions throughout the year, with particular acceleration in the final quarter when 309 sales represented a 44% surge. This activity occurred within the context of a 24% province-wide increase in inventory, suggesting Granby participated in broader market normalization trends while maintaining stronger-than-average price growth.

Single-family homes dominated transaction types, though condominiums provided alternative entry points at lower price thresholds. The agglomeration’s composition—including Saint-Paul-d’Abbotsford, Roxton Pond, Saint-Alphonse-de-Granby, and Bromont alongside Granby proper—creates a diverse geographic market, though specific performance metrics for these individual municipalities remain aggregated in public reports. Relative to provincial benchmarks, Granby’s Q2 median of $429,500 positioned the city approximately 5% below Quebec’s average, potentially attracting buyers priced out of Montreal or other major centers.

Market velocity measured through days-on-market metrics suggested balanced conditions, with single-family homes requiring 67 to 72 days to sell during 2024—timeframes consistent with healthy inventory turnover rather than overheated demand. Condominiums showed similar patterns at 65 to 73 days, indicating stable absorption rates across housing types.

Where does Granby real estate data come from?

Market statistics for Granby derive primarily from the Association professionnelle des courtiers immobiliers du Québec (APCIQ) via their Centris database. This represents Quebec’s most comprehensive repository of real estate transactions, capturing data from licensed brokers across the province. Local reporting from Granby Express provides regional context and analysis of APCIQ releases.

These statistics come from the Association professionnelle des courtiers immobiliers du Québec (APCIQ) via their Centris database, which represents the most comprehensive source for Quebec real estate transactions.

What should buyers know about houses for sale in Granby?

Granby’s real estate market enters 2025 with strong momentum, characterized by Granby real estate market Q4 2024 median single-family prices near $468,250, robust transaction volume exceeding 1,200 annual sales, and expanding inventory providing greater buyer choice. The market offers relative value compared to provincial averages, though specific neighborhood data remains limited. Buyers should prepare for competitive conditions given recent compression in days-on-market metrics and ensure financing aligns with current interest rate environments.

Frequently Asked Questions