Chestermere Real Estate Market Report: January 2014

Home sales in the Town of Chestermere tied the January peak set back in 2007.   A total of 23 properties – 18 single family and 5 condos – sold during the month representing a 27.78% y/y increase.

Overall inventory crept higher thanks to the single family sector.  At the end of January there were 9 more listings (+10.47%) compared to the previous year.

When dealing with so few sales, both the average & median prices can be skewed.   While the average and median price for single family homes registered a 12.31% and 11.4% y/y increase respectively, the MLS®  HPI came in at +6.69%.

Chestermere Stats Summary: January 2014

Chestermere Stats Summary: January 2014

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