Chestermere Real Estate Market Report: December 2014 & Year-End

Once just a summer village, Chestermere officially became a city on January 1st. A celebration will be held on Saturday, January 24th at Chestermere’s annual Winterfest. More details are provided on the city’s website here.

December is historically a slow month for real estate in Chestermere.  Only 18 homes sold during the month, however that was good enough for the best December since 2001.

Sales in 2014 totaled 441, a new annual record and a 35.69% increase year-over-year.

The year-end average price increased 7.32% from $471,107 to $505,587, while the median was up 7.83% from $460,000 to $496,000.

Unlike Calgary and Airdrie, year-end inventory remained static with only 5 additional homes on the market compared to the previous December.

Chestermer Sales - Dec 2014

Chestermere Sales, December Y/Y comparison

Chestermere Annual Sales - 2014

Chestermere Annual Sales

Chestermer New Listings - Dec 2014

Chestermere New Listings, December Y/Y comparison

Chestermere Inventory December 2014

Chestermere Inventory: December Y/Y comparison

Chestermere stats December 2014

Chestermere real estate stats: December 2014 & Year-End

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