Question 1

What is the median sold price in Canmore?

Accepted Answer

The median sold price in Canmore is $1,026,948 based on 896 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Canmore?

Accepted Answer

The average sold price in Canmore is $1,221,594. Note that the average ($1,221,594) is higher than the median ($1,026,948), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Canmore?

Accepted Answer

Home prices in Canmore range from $825 to $8,675,000 based on recent sales data. This $8,674,175 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Canmore selling above or below asking price?

Accepted Answer

On average, homes in Canmore are selling at 97.7% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Canmore?

Accepted Answer

Homes in Canmore are selling in an average of 49 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Canmore?

Accepted Answer

The average price per square foot in Canmore is $876. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $1,752,000.

Question 7

How active is the real estate market in Canmore?

Accepted Answer

The Canmore market has seen 896 home sales over the past 2 years, with 309 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Canmore?

Accepted Answer

There have been 30 new listings in Canmore during April 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Canmore?

Accepted Answer

The most common property types selling in Canmore are: lowrise apartment (393 sold, avg $819,782), townhouse (257 sold, avg $1,104,971), detached single family (165 sold, avg $2,099,591). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Canmore?

Accepted Answer

Detached homes in Canmore are selling for an average of $2,099,591, with 165 sales over the past 2 years.

Question 11

How much do condos cost in Canmore?

Accepted Answer

Condos and apartments in Canmore are selling for an average of $819,782, with 393 sales over the past 2 years. Condos typically offer a more affordable entry point into the Canmore market.

Question 12

How much do townhouses cost in Canmore?

Accepted Answer

Townhouses in Canmore are selling for an average of $1,104,971, with 257 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 13

Are home prices rising or falling in Canmore?

Accepted Answer

Home prices in Canmore have decreased by 1.1% over the past 2 years. The average sold price moved from $1,339,358 to $1,324,281. The relatively stable prices suggest a balanced market.

Question 14

Is Canmore a buyer's or seller's market?

Accepted Answer

Based on current data, Canmore is a balanced market. Homes are selling in 49 days on average and at 97.7% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 15

What percentage of homes sell above asking price in Canmore?

Accepted Answer

In Canmore, 15% of homes sold above asking price, while 69% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 16

What are the average property taxes in Canmore?

Accepted Answer

The average annual property tax in Canmore is $5,407, with a median of $4,669. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 17

How much do home prices vary in Canmore?

Accepted Answer

Canmore shows high price diversity with a standard deviation of $765,855 around the average price of $1,221,594. This wide range indicates a diverse market with options at many price points.

Question 18

Where can I find recently sold homes in Canmore?

Accepted Answer

You can view a comprehensive list of houses sold in Canmore right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 19

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 20

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Canmore.

Canmore Homes Sold in the Last 30 Days

Canmore Sold Data Overview

Recently Sold in Canmore

Sold Data & Market Statistics for Canmore

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Condo carrying costsn=393 condo sales (last 2y)

Neighbourhood Sold Data

Frequently Asked Questions

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