MARKET UPDATE

November 2019 was down in volume from last year, with 9 fewer sales for the month than in 2018. There were also far fewer sales in the upper end of the market last month than the year previous, resulting in a substantially lower average sale price. This November, Canmore had only 2 sales above $1,000,000 including one South Canmore home sale over $2,000,000. The average sale price of property in Canmore last month was $664,971. In November 2018, there were 10 sales over $1,000,000, including 2 sales over $2,000,000, which resulted in an unusually high average sale price of $812,086.

New listings for the month of November 2019 were a total of 50, which is on par with the last November’s new listings total of 51.

The current number of listings on the market in Canmore are 201 properties.