September 2016 Canmore Market Update

So far in 2016, the market has a higher number of sale, from the same time frame as last year.

 

Number of sales

Jan 1-September 7

2015 252 Sales

2016 305 Sales (This year)

 

Median Prices have Increased in 2016

Jan 1-September 7

2015 Median Sale Price $565,000

2016 Median Sale Price $585,000

 

Things seem to be taking longer to sell now:

Median Days on Market

Jan 1-September 7

2015 Median Days on Market 44

2016 Median Days on Market 54 (This year)

 

Properties sellering closer to list price in 2016

Sale Price % of List Price

Jan 1-September 7

2015 Sale Price % of List Price 97%

2016 Sale Price % of List Price 98% (This year)

 

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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!

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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.

 

Three_Sisters_mountains


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Canmore, AB has long been sought after for both the abundant recreational opportunities, and it’s relaxed, small town living alike. Jessica Stoner has been a REALTOR in the BowValley for 17 years, and the Broker/Owner of RE/MAX Alpine Realty for 10 of them. Selling real estate in Canmore, Banff, and surrounding communities has been and integral part of her mountain lifestyle.

She helps her out-of-town clients to buy and sell their vacation properties, as well as her Canmore neighbours move within the 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.

As a proud member of the Calgary Real Estate Board, Jessica posts her clients properties on the MLS, as well as utilizing her technology savvy to market through many other online sites, tools and social media.

Jessica thoroughly enjoys her business as real estate agent, and the many friends she has met, initially as clients. Please contact Jessica to inquire about buying or selling property in the Canmore area or have your friends and acquaintances contact her for their Canmore real estate needs.

How to Reach Jessica Stoner:

RE/MAX Alpine Realty
#100, 709 Main Street, Canmore, Alberta, T1W 2B2
Call Jessica: (403) 678-8006
Toll Free: 1-888-678-0236
Fax: (866) 812-6630
E-mail: jessicastoner@remax.net

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