Jessica Stoner: Experienced Canmore REALTOR®.
STONER Real Estate Team
Hello. I’ve been a Bow Valley resident for 35 years and a Canmore real estate agent 28 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.
CLICK HERE if you would like to receive updated market information on a regular basis.
CLICK HERE if you would like an evaluation completed on your home.
October 2026 Canmore Market Recap
- ↓ Average Sale Price Year-to-Date
- ↓ New Listings
- ↑ Number of Sales
- ↑ Average Days on Market
- =Balanced Market Conditions Continue
Have Prices Gone Up or Down in 2026?
Lower Average Sale Price in 2026
- 2025: $1,380,975
- 2026: $1,335,812
- ↓ 3.27%
The year-to-date average sale price is currently about 3% lower than it was at this point last year. This is a relatively modest change, but notable as the Canmore market has historically experienced price appreciation in most years.
Lower Average List Price in 2026
- 2025: $1,430,175
- 2026: $1,376,814
- ↓ 3.73%
The lower average list price indicates that many sellers have noted the shift in market conditions and adjusted their pricing accordingly. Sellers still priced in line with previous market values, tend to experience multiple price adjustments throughout the listing period.
Higher Number of Sales
- 2025: 254
- 2026: 274
- ↑ 7.87%
Lower prices are likely a factor in the higher number of transactions in 2026 compared to this time last year.
Higher Average Days on Market
- 2025: 55.69 days
- 2026: 59.85 days
- ↑ 7.46%
Properties are taking somewhat longer to sell than they did last year. This suggests that buyers are being more selective and are generally taking more time before making a purchase.
Lower Inventory
- September 2025: 146 properties
- September 2026: 119 properties
- ↓ 18.49%
With fewer properties available and more sales occurring year-to-date, the overall supply-demand balance has tightened compared with this time last year.
Interest Rates
While interest rates remain reasonably low by historical standards, they are currently higher than the rates buyers have experienced in recent years. In 2026, there has been a noticeable increase in conditionally sold properties not proceeding to firm sales and returning to the market, frequently due to financing challenges of buyers. It may take time for the buyers market to adjust to the new interest rate norms at this time.
Livability Tax Update
In 2026, the Town of Canmore introduced a higher municipal property-tax rate on residential properties that are not used as a primary residence. Prior to it being implemented, the Province of Alberta made legislative changes. These changes exempted properties owned wholly or partly by Alberta residents from higher municipal property tax rates applied to non-primary residences. This higher tax rate sub-class has been applied for the first time in 2026 to properties owned by individuals who do not live full time in Canmore, and do not have an Alberta resident on title.
There are still questions regarding how and when the higher tax sub-class applies to corporate ownership.
For Sellers
- The current market provides a reasonable opportunity for sellers.
- There are fewer listings on the market than a year ago, with a higher number of sales than in 2025.
- However, the buyers still seem comfortable taking their time to make decisions.
- Accurate pricing is particularly important.
- In the market in 2026, properties priced accurately have generally seen faster sales with less negotiation.
For Buyers
- For buyers, the current market offers the rare opportunity to leverage lower pricing.
- Buyers should also keep in mind that inventory seems to be trending downwards, which can reverse the trajectory of the price correction.
Last Thoughts Heading Into the Fall
Overall, this continues to look like a balanced and reasonably healthy market.
The direction of the Canmore market for the remainder of 2026 and heading into 2027 is likely to remain active, balanced and relatively stable.
A balanced market is a healthy market. At this time, Canmore continues to offer opportunities for both buyers and sellers.
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!
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 partners, Nathan Weima, and Amy Young 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