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Hawker-Betts Real Estate Team
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Market Update / Statistics / Featured Listings / Narrated Video Tours
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Canmore Real Estate Newsletter April 2017

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.

 

At the beginning of April 2017 we had 158 active listings which is almost 60% lower than the year over year number of 251 for 2016, the 10 year average is 279 - April 2017 is comparable to 2007.

Summary - This very stronger sales data shows a steady enough flow of new inventory purchase options available for buyers and in some cases buyers need to be ready to move on quickly as evidenced by the 43% drop in days on market stat and I do not see that changing in the near term.

 Banff Real Estate Market

The Banff Real Estate Market continues to look for more product, February and March saw 8 new listings hit the market and half of them are sold showing that the demand remains strong in Banff as well.

  Canmore Banff Commercial

Interest in Canmore and Banff Commercial has been strong in 2017 with new Hotel, investment and Restaurant buyers looking for quality assets as well as renewed leasing interest.  I am presently working with several buyers, please stay tuned for more details in this area of focus and interest.

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Market Statistics
(Click on Image for Full Size Version)
Featured Listings
(Click listing photo for VR Tour, floor plans, and more pictures)
972 Wilson Way
$649,800
25, 137 Wapiti Close 
$749,700 

 
31, 300 Eagle Terrace Rd
$848,800 

 
181 McNeill
$1,597,500
1012 A+B Wilson Way 
$1,138,950
3101, 101C Stewart Creek Landing   $798,800
 
CHECK OUT OUR NEW LISTING TOOLS!
Our new technology allows the buyers to look at floorplans that are tied to many 360 images so the buyer can fully feel immersed in the home.  Along with this they can actually measure rooms and see how their furniture and belongings could be a great fit!  Click here or the image above to take a look.
31, 300 Eagle Terrace Rd, Canmore AB
All of our listings have a narrated YouTube video to again give the buyers a good sense of all that our listings offer.  Click here to look at our YouTube Channel
 

 

What's Happening in Canmore!


SPECIAL EVENT \

CANMORE UNCORKED

LOCATION: CANMORE, ALBERTA

MAY 3, 2017 - MAY 14, 2017

Canada's Event of the Year is Back!

Canmore Uncorked, the multiple award-winning food festival, returns to Canmore on May 3rd, 2017 for another 12 days of remarkable dining experiences!
Canmore Uncorked has been widely recognized for its exciting and innovative signature events that showcase the outstanding talents of Canmore's local chefs. New events are introduced every year, including the Long Table Dinner, The Culinary Symphony, and the Bistro Tour. 

Enjoy daily special menus at 40 of Canmore's finest restaurants, plus signature events including wine and beer festivals, the Long Table Dinner, and much more.
 

About Canmore Uncorked

Canmore Uncorked is an annual 12-day food and drink festival that began in 2014 to celebrate the remarkable dining experiences in Canmore, Alberta.
The Festival consists of daily set-price menus and other culinary experiences at over 40 locations, as well as a series of signature events including the Long Table Dinner. In its first year, the Festival won Alberta’s first-ever award for Collaborative Tourism, and in 2015 the Festival won Event of the Year at the prestigious Canadian Tourism Awards.

More Information
www.canmoreuncorked.com



 

 

 

Copyright © 2016 Brad Hawker and Drew Betts, All rights reserved.


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Brad Hawker and Drew Betts · 101, 710 10th Street · Canmore, Ab T1W0G7 · Canada

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