Where are the buyers?  Chestermere Is Their Market!

With prices very competitive what this market needs is more buyers!  Seller's who priced their homes competitively sold.  In January 15 homes sold in Chestermere.  Inventory levels started off at a reasonable pace with about 80 listings in the first week of the month.  As more and more homes were listed the market became more and more of a buyers market.  We ended the month with 109 active listings, 5 pending sales and 15 scolds.  At these numbers we are looking at 5 months of inventory.  There is a good selection of homes for sale in all price ranges and styles.  Bargains are being snapped up by savvy buyers. The lowest priced paid was $280,000 for a three bedroom townhouse.  The highest price paid for a home was $970,000.  The average sold price was $567,000.

Internet activity on our website (http://www.chestermererealestate.com/) is running about 300 visitors per day.  This suggests to me that there is a lot of interest in the market, and buyers are wondering when they should jump in.  The market for buyers is great right now, and now is the only market we ever know!