Chestermere Real Estate Market StatsThis page will give you market stats for the entire Chestermere Market. The Chestermere real estate market has a diverse selection of homes available. Statistics can give us an idea of where the market is trending, but cannot give you an idea of what your home is worth. Further different communities in the area will have different price ranges and ages of homes. For that reason we have provided statistics on each area of Chestermere. Have a market report sent to you monthly or quarterly.
Chestermere Market Report As of November 2019
As a Real Estate Advisor with Engel & Völkers, we specialize in Chestermere. We study the supply and the demand to determine which price ranges are oversupplied, and which price ranges will sell more quickly. Here is what has been happening in the Chestermere Market from September 1 to November 30, 2019.
Since March we have seen an improvement in the price range $550,000 to $600,000 . In the 90 days ending March 2019 there were 30 unsold listings and only 2 sales. In the same time period ending November 30, 2019, there were 26 unsold listings and 7 sales. Bringing the months to absorb the unsold listings down to 11 months from 45.
Townhouses in the $300-$350k range are still oversupplied with 12 on the market and only 1 sold in the past 90 days. This would leave us with 36 months supply. In the same period ending March 2019 we only had an 8 month supply. Prices may soften by about .50% per month.
The good news is that the $350-$399 price range had 4 unsold listings, and 5 sales leaving us with 2 months supply. These homes are typically semi-attached homes.
Homes in the $400,000 to $999,999 are in the 6 to 9 month range, so prices should be stable in these price ranges.
Homes over $1,000,000 are facing a challenge as the $1,000,000 – $1,199,999 have an 18 month supply with 6 unsold listings and 1 sale.
Homes over $1,200,000 have a 45 months absorption rate. There are currently 15 unsold listings and 1 sale in the past 90 days.
Chestermere Then and Now!
Chestermere has changed a lot. It is now home to 20,000. It has great schools, childcare, medical and of course exceptional recreation opportunities. Chestermere is Calgary’s closest bedroom community.
985 East Chestermere Drive-Your Vacation and Everyday Home in One.
Enjoy living lakefront living year around Chestermere is just minutes to downtown Calgary. Boat lift for your wake-surf or waterski boat.
60 Acres With 2 Shops, and 2600 sq. ft. Home Near Chestermere.
60 acre parcel close to Chestermere and Calgary. 2 Shops, lots of room for cars, horses, hobbies or home businesses.
April 2022 Real Estate Activity Chestermere
In April 2022 70 homes sold in Chestermere. The listing inventory is improving with 107 active listings as of May 2. There are also 17 pending sales. The highest price sale was $1,599,000 for a lakefront home in the Cove and the lowest price sale was $190,000 for a...
Nearly New Lakefront Home For Sale $1,625,000
Chestermere lakefront home was custom-built in 2015. 6 bedrooms, open plan, great location with sandy lake bed, deep water and a boat lift that you can put your surf boat or pontoon boat on. 3160 sq. ft plus developed basement
275079 Township Road 240 Rural Rocky View County, AB T2P 2G7
Executive acreage on 5 acres just East of Calgary near Chestermere. 7 bedrooms, 6 baths, 5 car garage