Quick Market Update- October 2019

Published October 7, 2019 | By Jessica Stoner

Good news for buyers in the Canmore area. We have more inventory than we have had in the past couple of years. This has created a more balanced market. The prices continue to appreciate, but at healthy single digit increases per year. It is good time for buyers to buy with less chance of multiple offers.

2019

(Single Family Homes in Canmore)

76 Single family home sales 2019 January to October

Average sale price 1,165,000

Average list price 1,216,000

Average days on market 77

96% of asking price

2018

(Single Family Homes in Canmore)

68 Single family home sales 2018 January to October

Average sale price $1,109,000

Average list price $1,157,000
Average days on market 75

96% of asking price

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