Bow Valley Market Update April 2021

The Bow Valley stats are out!

It was another fast-paced, busy month. Buyers are continuing to come into the Valley and the demand exceeds the supply.

It seems like everyone wants to escape the city and move to the mountains - and who can blame them?

- There were 95 sales, compared to only 12 last year in April.
- There are 147 listings compared to 274 listings in April 2020.
- The median price was $670,950 across all residential segments (townhouses, detached homes, semi-detached and condos).

We are starting to see more multiple offers and properties are selling above asking in many situations. In fact, 34% of sales in April sold OVER the asking price. 

If you want more detail about what’s happening please reach out.

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