Chestermere Home Sales Set Record In June

chestermere

The City of Chestermere bucked the regional trend by setting an all-time sales record in June.

A total of 64 homes sold during the month, a 49% year-over-year increase and more than the entire Q1 2015.

For the city overall, prices were up from a year ago by all three measures:  the benchmark price increased 7.4% from $458,900 to $493,000; average price was up 2.5% from $532,071 to $545,509; median price posted a 1.5% gain, climbing from $512,500 to$520,000.

Despite the benchmark price posting a hefty gain, it remains some $60,700 off the 2010 peak.

There were 125 homes on the market at the end of the month, only 6 more than last June and 20 fewer than the previous month. The Chestermere market enters the summer on solid footing:  under two months of supply and a sales-to-new-listing ratio of 0.86.

You can download the City of Chestermere stat package along with additional charts here pdf

Chestermere home sales

Chestermere home sales

Chestermere Inventory

Chestermere Inventory

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