Are property prices rising or falling in Canmore?

Valuations in Canmore have shown notable resilience. While volume fluctuates, tight supply levels generally support stable or moderately increasing sold prices. The area's restricted development boundaries and high demand from both permanent residents and recreational buyers continue to insulate the local market from broader provincial price drops.

How long are homes sitting on the market here?

Homes in Canmore are generally moving at a steady pace. Recent data indicates properties require an 54 days before finalizing a sale. Well-priced properties, especially lowrise apartments and townhomes in desirable locations, often transact quickly, underscoring persistent demand despite economic variables.

What types of properties are selling most in Canmore?

Lowrise apartments and condominiums are the dominant property types driving sales in Canmore. These units are highly sought after by local workers, retirees, and out-of-town investors. Attached townhomes also see strong activity, as limited land availability restricts the widespread development of new detached single-family houses.

How does Canmore compare to neighbouring real estate markets?

Canmore offers freehold ownership, unlike Banff where properties are heavily restricted by federal need-to-reside clauses within the national park. Consequently, Canmore generally experiences higher demand and pricing premiums from recreational buyers who desire mountain living without the strict residency regulations of Banff.

Recently Sold • Alberta

Canmore Homes Sold in the Last 30 Days

Discover what homes are worth in Canmore. Browse MLS® sold listings and track average home prices for 2026.

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Homes sold in the last 30 days

Typical sale price

$1,151,801

Average time to sell

55 days

Data last updated: 1 hour ago

How much are homes selling for in Canmore? Our MLS® sold listings database tracks every sale — from single-family houses to condos, townhouses, duplexes, and even luxury properties. Browse 2 years of sale history across every property type.

Use this sold real estate data to understand the market, find comparable sales, and know the average home price in Canmore for 2026. Whether you're buying or selling, access to MLS® sold data gives you the edge.

Canmore Sold Data Overview

Over the past 2 years, 919 homes have sold in Canmore, with a median sold price of $1.05M. Sale prices have ranged from $59K to $8.68M. The typical home sells in 35 days, suggesting buyers have time to negotiate. Homes are selling at 97.9% of their list price — below asking price on average. Median property taxes in the area run approximately $4,831 annually. The most common property types sold include Lowrise Apartment (391), Townhouse (270), Detached Single Family (175).

Recently Sold in Canmore

40 homes sold in the last 30 days. Showing 6 of 40 • Updated August 29, 2026 at 2:30 PM

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$700K – $800K

2026

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Under $100K

2026

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Condo|Bow Valley Trail

2 beds

2 baths

870 sqft

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$1.6M – $1.7M

2026

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$800K – $900K

2026

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$1M – $1.1M

2026

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Townhouse|South Canmore

3 beds

4 baths

1,277 sqft

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$2.1M – $2.2M

2026

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Sold Data & Market Statistics for Canmore

See how the market is performing — prices, how fast homes are selling, and whether buyers or sellers have the advantage.

Median Sold Pricen=919

$1,055,000

Avg: $1,245,295

Range: $58,800 – $8,675,000

Sold % of Askingn=919

97.9%

Room for negotiation

Avg Time to Selln=127(weighted)

54 days

Balanced Market

weighted avg

Avg $/Sqftn=919

$896

919 homes sold

Click a property type to view its trends in the chart below:

All Property Types

(click to filter chart)

2-Year Market Trends: All Property Types

(25 months)

$1705k$1329k$952k

J25

J26

Aug 2024: $1,468,600-9.2% changeAug 2026: $1,333,201

Negotiation & Cost Insights

Sold Above Asking

15%

70% sold below

Median Property Tax

$4,831/yr

Avg: $5,580

Price Spread

±$751,598

standard deviation

Condo carrying costsn=392 condo sales (last 2y)

Median maintenance fee

$596/mo

Avg: $664/mo

Median maintenance fee per sqft

$0.63/sqft

Avg: $0.63/sqft

919

Homes sold (last 2 years)

299

Currently for sale

7.5

Months of Inventory (MOI)

13.4%

Absorption Rate (30d)

New in August 2026

40 vs 49

Sold count (last 30 vs prior 30): -18.4%

Median price: $1,151,801 vs $1,130,000 (+1.9%)

Neighbourhood Sold Data

Browse recently sold homes by neighbourhood.

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Benchlands Bow Valley Trail Eagle Terrace Elk Run Grotto Mountain Village/Glacier Hospital Hill Larch Lions Park Silvertip South Canmore Spring Creek Teepee Town Three Sisters Town Centre_Canmore

Browse Canmore real estate

299 active MLS® listings · $1,220,000 median. See what's on the market today.

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Frequently Asked Questions

The Canmore market generally reflects a mid-range to premium positioning, largely driven by geographic constraints. Currently, the $1,055,000 provides a solid baseline for typical transactions. Prices vary based on whether a property has residential or tourist zoning, with lowrise apartments representing the most common entry point for buyers.

Website provided by Kelly Grant

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

Listing information last updated on August 29, 2026 at 4:00 pm (America/Edmonton)

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