08/06/2026
Hi friends! I hope you’re all enjoying your Summer! Here’s your market update for July! ☀️
The market continues to normalize, creating opportunities for both buyers and sellers 🙌🏻
🏡 Chestermere:
• 47 homes sold
• 134 new listings (almost 3 new listings for every home sold)
• 318 active listings
• 53 average days on market
• Benchmark price: $706,000
• 6.77 months of supply
Across Calgary, CREB reported that inventory remains above long-term trends, helping ease the tight market we’ve experienced over the last few years. While sales have moderated from record highs, they’re still stronger than historical averages, and home prices have remained resilient, especially for detached homes.
What does this mean?
✔️ Buyers have more inventory, more time to compare homes, and greater negotiating power than they had a year ago.
✔️ Sellers are still achieving strong prices, but strategic pricing and great presentation are more important than ever as buyers have more choices.
With the Bank of Canada holding its overnight rate at 2.25%, borrowing costs have stabilized, which is helping boost buyer confidence. CREB expects market conditions to remain balanced through the rest of the summer, with steady activity and healthy competition for well-priced, move-in-ready homes.
If you’re wondering how these market changes affect your home’s value or your buying power, I’d be happy to have a conversation 😄❤️🏡
Enjoy the rest of your Summer!
Amanda Trottier, RE/MAX KEY, Calgary & Area Realtor Remax Key
www.amandatrottier.ca for everything Real Estate