Find Your Place In Canmore Alberta
 

Jessica Stoner: Experienced Canmore REALTOR®.

STONER Real Estate Team

Hello. I’ve been a Bow Valley resident for 34 years and a Canmore  real estate agent 24 of those. As the former broker/owner of RE/MAX Alpine Realty for 10 years, and a current REALTOR®,  I’ve had a front row seat witnessing the remarkable transformation of Canmore into a world-class resort town and adventure tourism centre. It’s been an absolute pleasure to watch the town develop over the years while participating “front and centre” in the community as a real estate agent, broker, and business owner.

  • Though I work in all areas of Canmore, I specialize in the Three Sisters district, southeast of downtown. Being a resident of the area and having worked in the neighbourhood from it’s onset, I am very familiar with the homes, developers and the market there.
  • I also focus on future and current retirees, and their purchasing or selling of local homes. Many of my clients today are in this stage of their lives. I enjoy helping retirees with the move from, or more often, to Canmore.
  • As a proud member of the Calgary Real Estate Board, I post client properties on the MLS® property listing system. View my listing page.
  • I take pride in keeping my web marketing  skills and online marketing vehicles up-to-date.  My several websites,  online tools and social media channels will benefit you, whether you are a property buyer or seller.

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Canmore Market Update April 2025

What is happening in the market?

1st Quarter 2024 vs 2025 (Residential – Canmore)

  • High Buyer and Seller activity -similar to this time last year
  • Number of Sales and Days on Market similar to this time last year.
  • Currently -Inventory Balanced
  • Average Sale Prices – significant increase from this time last year

Interest rates 

  • Lower interest rates from this time last year, is creating increased buyer activity

Are Prices Going Up or Down?

  • There was a noticable18% average sale price increase in the past year. (Canmore-residential)
  • Avg sale price 1st Quarter 2024=$1,241,000
  • Avg sale price 1st Quarter 2025=$1,475,000 
  • Avg number of Days on Market 2024- 67
  • Avg number of Days on Market 2025- 68

Balanced Market

Though the market is active, the buyers and sellers activity is balanced for now.

For Sellers – As there is a healthy number of new listings entering the market, accurate pricing is wise at this time. This is not a market to push the envelope with pricing.

For Buyers – The increased inventory entering the market is creating more choice for buyers. Buyers should still be aware that the lower price points, as well as the more desirable properties in all price points, are seeing strong buyer competition and swift sales.

Expectations into remainder of 2025.

The expectations is that Canmore real estate will remain in demand. Buyers and Sellers are expected to remain active.

Unknowns

The level of unknown remains high. The is prompting both Buyers and Sellers to action. Some Sellers are selling due to desire to limit financial responsibilities. Economic uncertainty is leading some Sellers, to take action now. Some are selling vacation homes, to limit over extending themselves. Others are selling in town and moving to more affordable towns.

The unknowns are spurring buyers into action as well. We are seeing buyers uncomfortable with stock market volatility, purchasing real estate as a more secure investment. The buyers taking this action tend to be be purchasing vacation homes or future retirement homes in the area.

Last Thoughts

The Livability Tax recently implemented in Canmore, (an additional property tax on non-full time home owners) has created some effect to date. Some 2nd home owners who can not afford the significant increase in their property taxes, and others who feel the tax is inappropriate, have decided to sell their homes. This may have added to the increase in inventory on the market at this time.

Despite the increase in inventory, prices continue to appreciate.


IT’S ABOUT YOU.



 

 

 


Hotel Condos Explained

Every day I receive inquiries from buyers looking for a home in Canmore and unknowingly request information on properties that they are not allowed to live in. It is frustrating and confusing for purchasers and here, I will shed some light on what a hotel condo is, what the different zonings are in Canmore, and what type of property you might want to be looking for.

Everything you need to know in less than 3 minutes!


Find Your Place in Canmore!

Three_Sisters_mountains


Canmore, Alberta has long been sought after for both its abundant recreational opportunities, and its relaxed, small town living.   As a long-time resident and REALTOR®, Jessica Stoner helps out-of-town clients to buy and sell their vacation properties. She also helps her Canmore neighbours move within the Bow Valley. Working with condominium, town houses and single family homes alike, Jessica shares her knowledge and expertise to ensure a smooth, stress-free transaction every time.
Jessica Stoner thoroughly enjoys her business as real estate agent, and the many friends she has met, initially as clients.

Learn more about the exciting things going on in the Bow Valley real estate market. Need to inquire about buying or selling property in the Canmore area?  Contact me today or visit me at RE/MAX Alpine Realty  709 Main Street, Canmore, Alberta. Referrals of your friends and acquaintances are always welcome!

If you are looking for a home, condo or vacation property or future retirement residence in Canmore , I bring a wealth of real estate experience and know-how to the table.   Myself and my real estate partner, Nathan Weima,  are available to ensure our clients always have full service!

How to Reach the JESSICA STONER Real Estate Team:

RE/MAX Alpine Realty
#104, 709 Main Street, Canmore, Alberta, T1W 2B2
TEXT or Call Jessica: (403) 678-8006
Toll Free: 1-888-678-0236
E-mail: team@jessicastoner.ca

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