Statistics for February 2017 – Canmore, AB

Have you been wondering what your home would sell for in today’s market? Most homeowners ask themselves that question – especially if they’re thinking of making a move in the not-too-distant future. If you’re interested in knowing the potential selling price of your property, give me a call. As the REALTOR® who specializes in this market, I can give you the information you need to know.

As of Feb 28, 2017 there are 115 active listings and an additional 15 conditionally sold in Canmore.

Active listings include 23 single family-average list price $1,879,0803, 5 half duplex and 1 conditionally sold -average list price $1,287,116, 23 active/8 conditionally sold townhomes average list price $833,111, 29 apartment style – 3 conditional -average list $487.153, 12 hotel condo and 2 conditional – average list $328,221 and 23 lots average list $862,321.

Overall average list prices are increasing. Inventory is low.

Total sales for February : 37 FIRM SALES, similar to last year. No increase inventory.

12 single family sales – average list $1,158,428, average sale $1,986,216. List/sell ratio 87% Average DOM 83, average $ per sq ft above grade: $461.57

2 half duplex sales – average list $834,450 average sale price $824,500 List/sell ratio 99%. Average DOM 20, average $ per sq ft above grade: $467.18

5 townhome sales, average list price $638,260, average sale price $625,450. List/sell ratio 98%. Average DOM 31, average $ per sq ft above grade: $522.92

8 apartment sales, average list price $457,462, average sale price $448,550 List/sell ratio 98% Average DOM 68 average $ per sq ft above grade: $431.49

Lots – 0

10 hotel condo sales, average list $344,111. average sale $332,622, list/sell ratio 96%, Average DOM 14, average $ per sq ft above grade: $425.59
In summary, LOW LOW inventory so DOM is shorter and list/sell ratio remains high.

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