Chestermere Real Estate Market Report: October 2014

Boosting Chestermere’s annual home sales total that broke the record in just three quarters was a busy October month.

A total of 30 properties sold in the lake town, a year-over-year increase of 57.89% and a new peak for the month.

Year-to-date, there have been 392 sales – a 40% increase from the same period last year and 19% higher than the previous year-end total of 329 established back in 2007.

Chestermere Sales - Oct 2014

Chestermere Sales – Oct 2014

Chestermere YTD Sales - Oct 2014

Chestermere YTD Sales – Oct 2014

So far in 2014, the average price has increased 7.37% ($473,250 to $508,126) and the median 8.76% ($456,000 to $495,950) from the same period a year ago.

Chestermere Historical Prices – Oct 2014

The number of homes for sale was down 11% from last October, but remained inline with historical averages.

Chestermere Inventory - Oct 2014

Chestermere Inventory – Oct 2014

Chestermere Months of Supply - Oct 2014

Chestermere Months of Supply – Oct 2014

Chestermere New Listings - Oct 2014

Chestermere New Listings – Oct 2014

If you’re interested in buying or selling a Chestermere home, contact me at 403-554-2284 or at mike@findcalgary.com

You can also start browsing Chestermere homes for sale by clicking here.

Feel free to contact me if you have any questions.

Chestermere Real Estate - Oct 2014

Chestermere Real Estate – Oct 2014

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