Canmore Market Synopsis from Bob Aishford

By
Real Estate Agent with Royal LePage Rocky Mountain Realty

 

 

APRIL

 

Median

 

MARCH

 

 

Sale

Prices

 

 

2008

2007

2008

Single Family Stats

$712,000

$775,000

$705,000

Units Sold

9

16

11

Days on Market

107

27

63

+/- over last year/month

 

- 8.13%

+ 0.01%

  

 

 

 

Non single family

$485,000

$505,000

$513,000

Units Sold

25

31

23

Days on Market

54

38

41

+/- over last year/month

 

- 3.96 %

-5.46 %

This past month saw the median single family house prices almost remain the same as March, but

down over 8% from the same time last year. Non single family house prices have slipped a little

since last year and down 5.5% from last month. The number of sales in each category has

remained almost the same as last year, but down from 2007.

As I have said in past newsletters, Canmore real estate will continue to be a good investment. We

are only experiencing a slight adjustment, something we have not seen over the past several

years. If you are considering purchasing a property in Canmore, then this might be the perfect

time.

If you would like to be kept up to date on the value of your Canmore

investment, or just wanting to know what is happening in a particular

area of town - just send me an email or give me a call.

Median price is deemed to be a more accurate market indicator than average price because of

steep price fluctuations that sometime exist within market segments and thus can distort

calculated averages.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Alberta Rockies Canmore
Tags:
purchasing property
canada real estate
canmore
canmore real estate
canmore economy
real estate agent canmore

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
2,461,710
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

We invite you back to ActiveRain in 2016!

    Much has changed since your last visit to ActiveRain.  I encourage you to take another look at the website. 

    Surf some blogs, leave some comments.  Better yet, post a Blog.

    Best to you!

Jan 25, 2016 11:43 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
2,184

Bob Aishford

Ask me a question
*
*
*
*
Spam prevention

Additional Information