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One Home Sells A Day In Small Town Chestermere Alberta

By
Real Estate Sales Representative with RE/MAX REAL ESTATE MOUNTAIN VIEW

In the 248 days of 2007 240 single family homes have sold or are a pending sale.  38 Condos have also sold in this time. 

29 homes were sold in Chestermere in August 2007.  An 5 additional homes had pending sales at this time.   There were 137 listings that were active at the end of this month.  17 listings expired and 7 listings were terminated, 162 listings were active during the month.  The lowest price in Chestermere was $242,000 for a 55 m. apartment condominium and the highest price of $1,175,000 was for a lakefront bungalow on 96 feet of lakefront.

Seven condos sold ranging from $242,000 to $389,900. 

Single Family Homes  

22 Single family homes sold; 9  in Westmere,   5  in Westcreek, 3  on  Lakeside Greens golf course,  1  in the Cove, 1  in Lakeview Landing, 1  in the Beaches, 1 in Rainbow Falls  and 1 sold on the Lakefront.

As of September 5 there are 103 active listings.  17 condos and 86 single family homes. Sellers should not be too discouraged history has shown that 86 single family listings is not too many listings for this market.  This year in Chestermere there has been an average of one home + or – sale per day.  Listings that are priced correctly will sell at market value in a reasonable time.