Since June, the Canmore real estate market has been incredibly robust and active, setting a sales record in July and boasting significant sales through summer, outperforming the same months last year. Through September and the first part of October, the market has continued to thrive, once again outpacing sales in 2019.
Some of our clients are experiencing multiple offers on the sale of their home with some sales complete before a home reaches the market. Contact Barry and Jack to ensure you are in the know and receiving the latest opportunities and developments in the market.
With pent up demand, low interest rates, high visitation, and the effects of COVID-19 fuelling the market, activity and sales look to flourish through fall. COVID-19 continues to produce new buyers; some have learned they have the ability to work from anywhere and are no longer required to visit an office, choosing to move permanently to Canmore while others are cashing out of the U.S real estate market and selecting a second home in Canmore to avoid border travel logistics and other issues. Others are expediting their planned move to Canmore or are choosing to move to Canmore to not only enjoy all the Bow Valley offers but to leave areas of high density for a smaller community.
If you wish to discuss current market conditions, buying or selling a home, investment opportunities, new home builds, or have any real estate questions, please contact me and I would be happy to chat.