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In This Issue:
Market Update / Statistics / Featured Listings / Narrated Video Tours for Your Listings! / What's Happening
Canmore Real Estate Newsletter September 2016

 

Highest sales volume since May 2007

 As we move through September we are seeing that the leaves are starting to turn, children are back in school, and with that we know that fall has arrived here in Canmore! We have seen some stunning days as of late with bluebird days and temperatures that allow us to enjoy all our glorious mountain activities including biking, hiking and more.  Although still a while away we are starting get excited for the winter and ski season coming in the next few months.  Frozen Thunder at the Canmore Nordic Center is scheduled to open for skiing Oct 22nd with Downhill skiing at the local Mountains to start shortly after that.

 

The Canmore Real Estate Market has continued very strong with August 2016 being the busiest month since May 2007 with 62 sales and year to date 2016 being the 4 highest sales volume ever!  Prices have remained quite stable as many buyers continue to be drawn to Canmore to live full or part time. Our local economy has been very strong with a fantastic summer overall, this from many of the local companies we have spoken to.  With the low Canadian dollar we are finding many Canadians are staying home for their vacationing and Americans are starting to come back to Canada, as the varied license plates we saw around town this summer would attest. 

In the month of August we saw the townhome market grab a large portion of the sales while the single family home sales volume increased as well and the apartment condos inventory level stayed quite consistent with that of July.  Our total market listing inventory is down 10.2% for Aug 2016 year over year and our number of months of supply of inventory has fallen from an annual average of nearly 6.5 months of inventory for the last 12 months to now just under 4 months partially attributed to large number of sales in Aug and dwindling volume of inventory.  I feel this will ease slightly as we move into the last part of the year in 2016.  This tracking suggests we may be moving from the balanced market we have been experiencing earlier in the year towards a sellers’ market though I feel we will move back into a balanced market with the typical seasonal slowdown toward the end of the year.  If you have been thinking about selling your home let us know as now may be the right time!

The Canmore Ski swap will be Thanksgiving weekend at the Canmore Collegiate High School Oct. 7th and 8th and Banff ski swap will be the following weekend at the Banff Elementary school Oct 14th and 15th which Brad is again helping to co-ordinate, stay tuned for more details.  If you are looking for a place for your children to learn how to be great skiers and do some racing when they get bigger, registration is open now for the Bow Valley Quikies and Banff Alpine Racers upcoming year.  For more details you can go to http://barbvq.com/  

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

Brad HawkerBroker & REALTOR®
Drew BettsAssociate Broker & REALTOR®
 
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Market Statistics
(Click on Image for Full Size Version)
Featured Listings
(click listing photo for VR Tour, YouTube Tour, brochure, and more info)
206, 150 Stone Creek Rd
303, 150 Stone Creek Rd
152 Cougar Point Road
ASKING  $798,800
SOLD
SOLD
ASKING $1,298,800
18, 100 Prospect                     
  SOLD
SOLD
SOLD
 SOLD
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!
 
34 200 Glacier Drive, Canmore AB
What's Happening in the Bow Valley
 
Stunning Colors of Fall Has Arrived

 
The Canmore Festival of Art and Creativity is on from September 25 - 27, 2016. Be sure to check it out!
For more information on the Grand Opening of artsPlace please click on the link:
.http://www.tourismcanmore.com/event-calendar/canmore-festival-of-art-and-creativity

Canmore Mountain Market Thursdays 10am-6pm May 26th- October 6th
Located downtown in front of the Civic Center the Canmore Mountain Market has locally made food, produce, baked goods, along with arts crafts.  Please click here to visit their website.

Grizzly Ultra Marathon and Relay Race
This event has 1400 trail runners every year at the Canmore Nordic Centre. It's one of Canada's most popular events. Check out the website for more information: http://www.tourismcanmore.com/event-calendar/grizzly-ultra-marathon-and-relay
Copyright © 2016 Brad Hawker and Drew Betts, All rights reserved.


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