Canmore Real Estate Sales up 43%
The Spring Canmore Real Estate market is very strong, 1st Quarter sales volume was up almost 20% over Q1 of 2016 and 43% higher than the 10 year average of 92 Q1 sales. Q1 2017 was the 3rd busiest our market has ever experienced. In March of 2016 the market had 40 properties sell and in March of 2017 saw a jump of 34% to 54 properties sold and the 10 year average is 39 and equal to March of 2007. Average Days on market had dropped dramatically by 43% with the March 2017 average days on market down to 53 days compared to the 12 months ending March 31, 2017 was 76 days. In 2007 we had very low inventory with 2.55 months of inventory at the beginning of April 2007, at the beginning of April 2017 we had 2.93 months of inventory.