Posts Tagged ‘Bnaff real estate’

107 Casale Place

Canmore Real Estate in January 2010 was a busy month, how busy? Compared to January 2009 our sales volume increased 250%.  The Canmore real estate market has, I believe, now settled into a steady sales pattern, averaging monthly sales between 20 and 20 properties a month for the past 3 quarters.

Canmore Real Estate in January occurred in the following categories:

Single Family Homes: 10 properties at an average sale price of $848,250 or $417 a square foot

Apartments: 7 properties at an average sale price of $347,214 or $377 a square foot

Townhomes: 4 properties at an average sale price of $650,625 or $359 a square foot

Half Dulexes: 2 properties at an average sale price of $746,250 or $368 a square foot

Four Plexes: 2 properties at an average sale price $547,375 or $425 a square foot

Recreational Condos: 1 property sold at a sale price of $266,700 or $320 a square foot

As a market as a whole the Canmore real estate market averaged a square foot price of $401 for the January sales.  Canmore real estate for February is off to another busy start with 11 properties currently conditionally sold for the month already and calls to look at property still high.  Look for February to equal if not surpass our January sales volumes.  As we move towards the end of February we should start to see more properties come on the active market as our ‘listing season’ starts to take form.  Our inventory on the market is still a little high and with listing season just around the corner this should keep pricing flat until at least the summer.

For all the properties sold in January see below.

Canmore Real Estate December Stats –

Entrance to Buller Pass

On Tuesday January 26th I had the opportunity to take the afternoon and go snowshoeing with a friend a client of mine.  It was another bluebird day in the Mountains around Canmore and the temperature was hovering at around -5 so we decided to pack up the van and head out to Buller Pass in Kananaskis Country, about a 50km drive South on the Smith Dorian Road.  This is a gravel road that winds up through the mountains past the Spray Lakes and heads South towards Mount Shark.  Mount Shark is the starting point for hiking up to Mount Assiniboine in the summer months and is track set in the winter months for some incredible cross-country skiing.

Buller Pass is (roughly) on the opposite side of the highway to Mount Shark and in the Winter months it’s very easy to miss with all the snow piled up on the side of the road.  We were only out for about an hour and a half so did not complete the whole trail – we’ll be going back in a couple of weeks to hopefully accomplish that task, which should take us around 6 hours for the round trip.

Canmore Real Estate sales for the month of December were slower than we have seen in previous months with a total of 15 properties selling in the month. For information on the third quarter of Canmore real estate sales click here. The breakdown of sales in Canmore real estate for December were as follows:

Apartments 3 :: Half Duplex 1 :: Lots 2 :: Single Family Homes 7 :: Townhomes 2

Two positives for sellers in our market this month 1. Homes that sold in Canmore in December sold for 95% of list price and 2. They averaged a square foot price of $428, the highest square footage price for sold properties we’ve seen all year in Canmore. We have 8 conditional sales going in to January and, based on the calls I’ve been receiving since Christmas, interest from Buyer’s wanting to purchase real estate in Canmore is still high. For a look at the properties that sold in Canmore in December see below.

Canmore Real Estate December Stats –

November in Canmore is typically a quieter month in town, the weather turns colder but the snow has yet to fly so the town looks grey and almost dull.  This year however, we seem to have been blessed, we’ve had an incredible amount of snow in the Mountains yet the town and the trails in and around the Valley are still in pristine biking and hiking condition, with little to no snow coverage.

Moraine Lake road, close to Lake Louise, is in mid-winter condition and has had rave reviews from locals and tourists alike when asked about the Cross-Country Skiing so far this year.  Mount Shark in Kananaskis, which received a whopping 40cms of snow two weeks ago is also in mid-winter conditions. The Canmore Nordic Centre has their trail system up and running for the season and the top racers in Alberta will be racing there on December 5-7th.

Sunshine Village and Lake Louise Ski Hill are both open for the season now if you are ready to snowboard and downhill ski and from the pictures I’ve seen on Facebook and twitter it sure looks as though there is plenty of powder for everyone.

For those, like me, that are not quite ready to give up the summer just yet, the trail systems at the Alpine Club of Canada, the Montane trail to Harvey Heights and the Highline trail are all in great condition for hiking and biking.

So, if you’re wondering if November is a great month to visit Canmore, it absolutely is, the trails are groomed, the weather is great and there are fewer people around leaving more of the trails and ski hills just for you.