Chestermere
Chestermere

Chestermere Housing Market Report

Balanced Market

All types - for the month of April

Buyer's market Seller's market

4

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

42

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

252

New

132(+40.43% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 112, in 2023: 108, in 2022: -

Total Sold Listings*

59

Median Sold Price

$679,900

Avg Days on Market

42 days

Median Bidding

-$14,900

Compared to number of sold, same period, in 2024: 60, in 2023: 50, in 2022: -

*Data is for the month of April

Median Sold Price vs Average Days and Average Total Days on Market - Chestermere - All types

Sold vs Active vs New vs Relisted - Chestermere - All types

Sold Price Distribution - Chestermere - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Chestermere - All types

Property type distribution based on data from the last 3 months.

Median Price - Chestermere - All types

Just sold - Chestermere

View all

Population and Demographics

Overview

Total population 20561
Average household income $159,872

Age (%)

0 to 19
30%
35 to 49
25%
50 to 64
18%
20 to 34
16%
65 and plus
10%

Household composition (%)

Single family
84%
Single person
12%
Multi person
3%
Multi family
2%

Mother tongue (%)

English
72%
Punjabi (Panjabi)
12%
Vietnamese
3%
Others
3%
Tagalog (Pilipino, Filipino)
2%
Arabic
1%
Spanish
1%
Urdu
1%

House tenancy (%)

Owners
91%
Renters
9%

Top 5 Schools in Chestermere

St. Gabriel the Archangel197 Invermere Drive, T1X 1M7, Chestermere, AB
7.7/10
Public
Our Lady of Wisdom134 Rainbow Falls Drive, T1X 0G7, Chestermere, AB
7.2/10
Public
Prairie Waters Elementary School201 Invermere Drive, T1X 1M6, Chestermere, AB
5.1/10
Public
Rainbow Creek Elementary School285 West Creek Drive, T1X 0L2, Chestermere, AB
4.1/10
Public
East Lake School325 Kinniburgh Boulevard, T1X 0P4, Chestermere, AB
4/10
Public