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Marjorie & Doug McKay
RE/MAX Real Estate Advocates
Suite 202, 124 East Chestermere, Chestermere, Alberta
P: 403-207-1776   F: 403-273-5635   Email
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Real Estate Absorbtion Rate in Chestermere November 12, 2015                                                                                      

ABSORBTION - HOW MANY MONTHS TO CLEAR CURRENT INVENTORY IF NO NEW LISTINGS ARE ADDED.                                                                                             

 
All homes on Calgary MLS  in Chestermere As Of October 12th 2014  
Price Range               Unsold    Sold    Closing     % Closed      Months of      Average
Listings Last 90 days                        Per Month     Monthly      Inventory     Days To Sell
$200,000 - $299,999            8        6        2.00         25.00%            4                       61
$300,000 - $349,999            7      13        4.33         61.90%            2                       42
$350,000 - $399,999            0        2        0.           100.00%            0                       58
$400,000 - $449,999            4        6        2.00         50.00%            2                       36
$500,000 - $599,999          22      38      12.67         57.58%            2                       66
$600,000 - $699,999          23      14        4.67         20.29%            5                       55
$700,000 - $799,999          14        3       1.00            7.14%          14                       84
$800,000 - $999,999            6        2        0.67          11.11%           9                       46
$1,000,000 - 1,199,999        8        0        0.00            0.00%         na                       na
$1,200,000 -  up                 16        1        0.33            2.08%         48                     158

There is a shortage of listings in under $600,000.  If you have been disappointed in selling your home before, or you have been waiting for the market to recover, now would be a great time to list your home. 

Article in the Anchor about RE/MAX REAL ESTATE ADVOCATES

 
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