Chestermere Real Estate Market Report: November 2014

Stronger than usual townhome sales helped boost the overall Chestermere market to the best November level on record.

A total of 31 properties comprised of 19 single family homes, 11 townhomes and 1 apartment sold during the month.  Year-to-date sales number 423,  36.89% above the same period last year and 28.6% higher than the previous year-end total of 329 established back in 2007.

The benchmark price increased $34,800 or 7.9% year-over-year, from $440,000 to $474,800.

There were 10% fewer homes on the market than last November bringing the inventory absorption rate down to 3.2 months.

Chestermere Sales - November 2014

Chestermere Sales, November year-over-year comparison

Chestermere YTD sales - November 2014

Chestermere YTD sales

Chestermere 10 year prices - November 2014

Chestermere 10 year prices – November 2014

Chestermere 10 year-over-year prices - November 2014

Chestermere 10 year-over-year prices – November 2014

Chestermere Total - November 2014

Chestermere Total – November 2014

Chestermere Inventory - November 2014

Chestermere Inventory – November 2014

Chestermere real estate stats - November 2014

Chestermere real estate stats – November 2014

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