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Sales in Canmore in August were on par with 2018 sales, with a total of 41 sales (plus 2 fractional) in August keeping with August 2018’s total of 41 sales (plus 1 fractional). There was much more activity in the upper end of the market this August however, which bolstered the average sale price to $812,395 compared to August 2018’s average sale price of $626,648 (highest sale price last August was $1,325,000 so resulted in a particularly low average sale price), and July 2019’s average sale price of $703,554.

There were 9 sales over $1,000,000 in August, more than double the number of sales in July which saw only 4 sales over $1,000.000. Of these 9 sales, 2 properties were sales over $2,000,000. A new record was set in August for the highest sale of a redevelopment 4-plex lot in South Canmore, selling for $1,351,000. A new record was also set in South Canmore this past month for the highest sale of a duplex property which sold for $1,670,000. This 4 bedroom property is 2468 square feet which results in a sale price breakdown of $676.66/SF.

Current listing inventory in Canmore is 237 listings, plus an additional 7 fractional property listings. 65 new listings were brought to market in August. There are 162 active listings priced up to $1,000,000, 69 listings priced between $1,000,000 and $2,000,000, and 14 listings for sale over $2,000,000.

September and October are great months to sell a property in Canmore. Families have returned from summer vacations and are settled into more routine schedules, and the holidays aren’t yet upon us. Here are some tips to help attract the autumn home buyer:

Clean up the Yard – Rake dead leaves and debris. Cut away any dead flowers or vegetation around the exterior of the house.

Make the Views Sparkle – Canmore is ALL about the views and windows easily become streaked with our mix of dust, rain and wind. Remove screens and spray them down, and make sure your windows are clean.

Check the Furnace and HVAC – You want the air inside your home to smell fresh. When was the last time you changed your furnace filter and cleaned your HVAC filter? Summer pollens and dust can clog up your HVAC filter.

Fireplace Prep – If you have a wood burning fireplace, put some logs in to show it prepped and ready for the buyer’s imagination of cozying up in front of the fire. If you have a gas fireplace, make sure the pilot light is on. Buyers love to turn on a gas fireplace when they’re house hunting, primarily to see if it works okay, but it also is an instant ambiance setter, especially on a cooler day.