The real Estate Market in Chestermere March 2023.
There is no such thing as an average house, therefore no such thing as an average price and the average time to sell a home depends on the price range of the home. This is why we break home sales into price ranges, so that the market can know where the market is for the price range they are interested in.
In the $200,000 to $700,000 there is a shortage of homes for sale.
It is a seller’s market until you get to above the $800,000 range. It will take longer to sell a home in that range unless it is a lakefront home as there is still a very strong demand for lakefront homes under $1,300,000. It appears that the market is recognizing what a great value Chestermere lakefront homes are.
62 resale homes sold in Chestermere since mid-December. 20 new homes have sold in this time.
There are 48 active resale listings and 20 new homes listed on MLS.
If you want to know the actual value of your home please contact us. We will be happy to provide you with a written evaluation of your homes value. View more here..