Chestermere Real Estate Market Report: May 2014

Chestermere continued to benefit from Calgary’s booming real estate market, posting strong sales and price growth of its own in May.

Average prices in Chestermere year-to-date have increased by 5.3% over the same period in 2013, while the median price is up 9.19%.

CHESTERMERE 10 YEAR PRICES - May 2014

CHESTERMERE 10 YEAR PRICES – May 2014

Chestermere home sales during May tied for the highest total ever for the month.  A total of 45 properties sold which matched May 2007’s peak and was an 87.5% increase year-over-year.

There have been 201 sales year-to-date which is on track for the highest sales total ever for the year.

CHESTERMERE MONTHLY TOTAL SALES - May 2014

CHESTERMERE MONTHLY TOTAL SALES – May 2014

CHESTERMERE YTD TOTAL SALES - May 2014

CHESTERMERE YTD TOTAL SALES

New listings were up by 14.75% from last May but inventory at the end of the month was still down from a year ago by -5.12%.    Available inventory was at the lowest level for the month since 2006.

If you’re looking to buy or sell property in Chestermere or have any questions, please contact me at 403-554-2284 or at mike@findcalgary.com

CHESTERMERE MONTHLY TOTAL ACTIVE LISTINGS - May 2014

CHESTERMERE MONTHLY TOTAL ACTIVE LISTINGS – May 2014

CHESTERMERE MONTHLY TOTAL NEW LISTINGS - May 2014

CHESTERMERE MONTHLY TOTAL NEW LISTINGS – May 2014

Chestermere May 2014 real estate statistics (click to enlarge)

Chestermere May 2014 real estate statistics (click to enlarge)

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