Like Airdrie, the Town (soon to be City) of Chestermere established an annual sales record in just three quarters of the year.
The 42 sales in September, also a record for the month, upped the year-to-date total to 362 which surpassed the year-end peak of 329 set back in 2007.
Prices have been rising alongside sales. Year-to-date, the overall average price has increased 7.46% or $35,305 from the same period last year; the median has increased 8.41% or $38,450 y/y.
Located just 10 minutes east of Calgary between Highway 1 and 1A (16th Ave NE and 17 Ave SE), Chestermere is closer to downtown Calgary than many neighborhoods located in the city.
Development is underway at East Hills and the Walmart there has already opened, providing town residents with nearby big box shopping options. Stoney Trail allows quick and easy access to north and south Calgary. Soon, Chestermere will be expanding even closer to the aforementioned areas with the building out of Waterbridge. Exciting times for this rapidly growing town!