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Market Update / Statistics / Featured Listings / Narrated Video Tours for Your Listings! / What's Happening

Canmore Real Estate Newsletter February 2016


Sales up 35% in Canmore for January 2016


January 2016 has been a very strong month, Sales are up 35% over the 9 year average in the Canmore Real Estate market and almost 200% from a dismal January 2015.  Interestingly the 13 year sales volume average is 34.25 units sold per month vs the last 12 months sale volume average of 33.75 units sold per month, so about .5 of a percentage point higher though our year over year sales volume is off 13% from a stronger 2014 mostly from slower sales in the last part of 2015.

The Buyers are still mostly Canadians but we have seen an increase in interest from Buyers from the UK and the US and sprinkling from Asia.  Drew and I were interviewed last month and the story ran in many publications including the Calgary Herald, Vancouver Sun, Globe and Mail and National Post plus a CTV TV interview that Drew flourished in.  The low Canadian dollar is certainly helping keep Canadians here and bring new interest from afar.

Our listing inventory will typically increase through the next few months, presently our 12 month listing inventory average is 250 active listings and this month we have 229 and the 3 year average is 223 and as you can see looking at the graph we are presently just under the 2015 Feb. active listing inventory.
 
The average and median sale prices are trending higher but I really do not like these figures as they do not represent what a specific property price may be but it looks positive.
 
Drew and I are cautiously optimistic about 2016 and are hopeful that our market continues, since Christmas we have seen more new buyers coming to us than any time in the last 10 years.  This year to date we have seen strength in all segments of the market entry level, weekender, mid range and we just found a beautiful home for an out of Province buyer over $3,000,000.
 
We have some great listings right now, please visit our Featured Listings page to see them all!
Lastly, we are here to help you or anyone you know for all your real estate needs.  We are never too busy for your referrals, and remember to Like our Facebook page to stay updated with all of our new listings!

Brad HawkerBroker & REALTOR®
Drew BettsAssociate Broker & REALTOR®
 
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Market Statistics
(Click on image for full-size version)
Monthly Statistics
Featured Listings
(click listing photo for VR Tour, YouTube Tour, brochure, and more info)
25 Blue Grouse Ridge
ASKING $1,399,500
1060 Evergreen Circle
ASKING $968,000
105, 13 Aspen Glen
ASKING $798,300
1056 Evergreen Circle
ASKING $848,000
23, 205 Carey
ASKING $598,000
201, 814 6th Street
ASKING $549,800
201, 702 4th Street
ASKING $488,800
311, 170 Crossbow Place
ASKING $468,800
318, 175 Crossbow Place
ASKING $399,800
306, 115 Elk Run Boulevard
ASKING $359,000
335, 160 Kananaskis Way
ASKING $338,000
222, 173 Kananaskis Way
ASKING $240,000+GST
Introducing Narrated Video Tours!

If you haven't had a chance to see one already, take a look below at our newest way to help market your home! With video becoming more and more prevalent, we have created a YouTube channel and can now offer narrated video tours of your property! To see more about what these videos can look like, please click on the video below!
 
105, 13 Aspen Glen, Canmore AB
What's Happening in the Bow Valley

 
Canmore Winter Carnival
 Throughout Canmore,  Feb. 1 - March 13, 2016


The Canmore Winter Carnival is a celebration of the season and a popular community tradition for more than 20 years. The 2016 event will be the biggest event and best yet!

Two World Cup events will be part of the carnival along with 45 days of events including ice carving, snow sculpting and the popular Snowy Owl Kid N Mutt races plus more!
 

Yoga Mountain Adventure Retreat at Mount Engadine

Mount Engadine Lodge,  Feb. 25-28, 2016

Escape the city and take part in this upcoming Yoga Mountain Retreat with renowned Canmore yoga & meditation instructor, Sarah Harvie. With 2 and 3 day options available, this retreat is open to all levels of expertise. Click here to learn more about this unique event!
Copyright © 2016 Brad Hawker and Drew Betts, All rights reserved.


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