Find Your Place In Canmore Alberta


October 2018-Canmore Real Estate Market Report

Demand continues to grow in the Canmore real estate market.  Mostly for future retirement purchases. Many buyers have the intention of using it as a recreational home in the mean time, but the main  driver to purchase is securing their future retirement home now before they are priced out of the market.
There is some increased new construction in the area that is helping ease the low inventory over the past few years.
The potential of an Olympic bid is on many peoples minds and though many realize it will likley increase market values in the area, it is not prompting buyers to purchase early. Buyers are still taking the time to find suitable homes before moving forward.
Multiple offers are still experienced in some sales.  The number of sales as well as the average number of Days on Market before a sale is very similar in the first 3/4 of 2017 and 2018.  The sale prices have increased for this time period in 2018 compared to the same time frame in 2017.
The market seems steady and a little more balanced now days.

Prices and Stats 

October 2018
Current Inventory : 185 listings. (Canmore, Harvie Heights and Deadmans Flats)
51- Single Family Homes
16- Half Duplexes
45- Townhouses
52- Apartment Units
12- Hotel Condos
9- Lots
The stats include Canmore and the two hamlets directly on each side of Canmore (Harvie Heights and Deadmans’s Flats)
First 3/4 of 2018
Single Family Homes                  Number of Sales 71,    Average Sale Price $1,116,000
Townhomes & Half Duplexes      Number of Sales 116,   Average Sale Price   $777,000
Apartments                                  Number of Sales 109 , Average Sale Price   $497,000
Hotel Condos                               Number of Sales 186,  Average Sale Price   $441,000
Average Days on Market   60
First 3/4 of 2017
Single Family Homes                  Number of Sales 72,    Average Sale Price $1,107,000
Townhomes & Half Duplexes      Number of Sales 152,   Average Sale Price   $729,000
Apartments                                  Number of Sales 110 ,  Average Sale Price   $462,000
Hotel Condos                              Number of Sales 185,  Average Sale Price  $406,000
Average Days on Market   58

Canmore Rolling Real Estate Tour

Open  House Tour by Bike!

Back again this year by popular demand, there will be another series of the Canmore Rolling Real Estate Tour.

Saturday June 27th is the first event, touring several homes, duplexes and condos on the Valley Floor area of Canmore.

Meeting at the RE/MAX office downtown, at 10:00am and finishing at Noon. (Map) 

Bring your bike and take the tour! Everyone welcome!Abstract Card With Girl Riding A Bike


Virtual Home Viewings For My Clients

Many buyers in Canmore are from out-of-town. They are either vacation home owners living in another city, or they are moving here from another area.  Out-of-town buyers face some unique challenges.


You can be heartbroken when your perfect home sells before you can make it to Canmore to view the home.

Or, you can be frustrated at wasting your time when you book a whole day or weekend to visit Canmore, just to find the listing that looked suitable in the photos, are not at all appropriate! The wide angle lense photos made the  homes look bigger than they were, or failed to show the extremely busy street out front, or just didn’t communicate the floor plan flow. There are any number of things that photos simply can’t show.


That is why I offer this invaluable service to my clients! 

facetime_logoFacetime or Skype


I am pleased to save you unnecessary trips to Canmore because you’ve seen the homes virtually, before deciding to drive to Canmore. And you will also  know when you have to get to Canmore immediately to view a perfect home in person, before it is sold.


When we are on a Virtual Home Viewing, you will be able to:

  • -See actual size of the rooms and space, as I don’t use a wide angle lense.
  • -Hear the sounds yourself. Is the highway noise loud in this location? Are you OK with the noise from the school next door? I can open the door or window and we can listen for the difference.
  • -Understand the layout of the home, and know if it flows nicely. I can zoom in on any details that are of importance to you.
  • -Direct me where you want to look. If you want to take more time determining the views, we’ll spend  more time on the deck. Want to get an idea of the size of the closets, ask me to open them and I can give you a good view of the interior.
  • -Garner much more detail about the home. Such as: is it a reasonable space to add a mother-in -law suite the basement? Or is the back deck large enough for you? Or does the fence enclose the yard or is it partial?. (Listings don’t always include the specific information that is important to you!)
  • -I point out anything of interest or relevance and show it to you.   (Items such as damage to walls, floors or counters, or unique or nice  touches that would have been difficult to spot.)

Don’t waste another trip to Canmore just to view a home that is not what you thought. And even more important, don’t miss out on your perfect home because you weren’t sure it was worth the trip!

I am here on the ground in Canmore and happy to help with your Virtual Home Viewing!

facetime photo


Canmore Real Estate Market Update January 2015

The first thing that needs to be said about the Canmore real estate market update, for Jan 2015, is that CANMORE IS NOT CALGARY. The media has made it crystal clear that the Calgary real estate market so far in 2015 has seen the effects of the oil price correction swiftly and firmly.
However, Canmore is a completely different market with it’s own supply and demand and it’s own cause and effect factors, that do not necessarily mirror it’s neighbouring cities.

Is it likely the oil prices will affect our Canmore market in some way? Yes, it likely will and we have already seen a minor reduction in sales volume and stabilization of prices as well. Not to the extent of Calgary or Edmonton, as our the majority of our housing market is not based on the Oil and Gas Industry. However, we do have a percentage of our market who makes their living in this industry. This could be a sign of things to come in Canmore. It could also be a temporary adjustment to the market that will correct itself.
All we can do is look at the stats and use common sense when deciding if the sky is falling. Here is one of my favourite quotes from Warren Buffet.

“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”

You can decide what works best for you, but it is clear that now is a time when others are fearful. 😉

Presentation-Canmore Real Estate Market Update Seminar July 2014

presentation front page

Canmore Real Estate Market Update Seminar Presentation


We had a great turn out at the Canmore Real Estate Market Update Seminar in July,  held at the Stewart Creek Golf Club House. With over 3o people asking excellent market questions, sipping wine and enjoying the stunning scenery at Stewart Creek Golf Course, we covered an awful lot of information! Click the link above to review the presentation and feel free to contact me if you have questions of your own.

CLICK HERE if you would like to receive updated market information in the future or

CLICK HERE if you would like an evaluation completed on your home.


Canmore Real Estate Market Update SEMINAR


Jessica Stoner-REALTOR with RE/MAX Alpine Realty in Canmore is hosting a Canmore Real Estate Market Update Seminar. Designed to update homeowners and potential purchasers in Canmore to the factors affecting the market value of their home, helping owners decide if it is a good time to sell or hang on, as well as coving what a buyer needs to know if planning on a purchase in Canmore, if it is a good time for buyers, and what inventory and new construction is in the plans.

The following affected the local Canmore real estate market in significant ways:

-Global recession and financial crisis

-Canmore flood 2013

-Three Sisters receivership and subsequent purchase

-Various other factors…

Find out how these occurrences have affected:

-Buying and Selling activity

-Market correction of prices

-Current sale prices and appreciation of the market

-Who is buying?

-What we can expect in the future

Saturday July 19th, 2014  at Stewart Creek Golf Clubhouse. 3:00pm – 4:30pm.

A free event, all are welcome. Limited space, so please REGISTER HERE. 


Another Rolling Real Estate Tour!

Open House Tour by Bike!

The first Canmore Rolling Real Estate Tour was a great success, so I’m hosting another one, June 28th, 2014. We are meeting once again at The Market Bistro, at 11:00am, with our bikes. We will be viewing several homes and condos in the Three Sisters Mountain Village area of Canmore, in a variety of price ranges. Travel between the homes is by bike, using paths, trails and parks. It is a great way to spend a couple hours in Canmore, learning more about the real estate market, what’s available and discovering new pathways you never knew about! Great fun and everyone is welcome!