As the year draws to a close, Canmore’s unique position as a gateway to the Rockies continues to make it a standout market in Alberta’s real estate landscape. Whether you’re a long-time homeowner, an investor, or someone dreaming of a mountain retreat, understanding the trends shaping our local market is crucial to making informed decisions.
In this report, we’ll explore the key trends from 2023, analyze how 2024 unfolded amidst changing market dynamics, and provide a forecast for what 2025 may hold for buyers and sellers alike. With Canmore’s exceptional blend of natural beauty and vibrant community appeal, the opportunities in our market are as compelling as ever.
Join me as we uncover the insights that will shape your real estate journey in the coming year!
Sales Numbers:
2024 saw a modest 4% decline in total sales compared to 2023 (497 sales vs. 517 sales), primarily due to a significant drop in hotel condo sales.
The following two charts reveal distinct trends in 2024. While sales in the...