Canmore Market Synopsis from Bob Aishford

	APRIL	Median	MARCH
	Sale	Prices
	2008	2007	2008
Single Family Stats	$712,000	$775,000	$705,000
Units Sold	9	16	11
Days on Market	107	27	63
+/- over last year/month		- 8.13%	+ 0.01%
Non single family	$485,000	$505,000	$513,000
Units Sold	25	31	23
Days on Market	54	38	41
+/- over last year/month		- 3.96 %	-5.46 %

This past month saw the median single family house prices almost remain the same as March, but

down over 8% from the same time last year. Non single family house prices have slipped a little

since last year and down 5.5% from last month. The number of sales in each category has

remained almost the same as last year, but down from 2007.

As I have said in past newsletters, Canmore real estate will continue to be a good investment. We

are only experiencing a slight adjustment, something we have not seen over the past several

years. If you are considering purchasing a property in Canmore, then this might be the perfect

time.

If you would like to be kept up to date on the value of your Canmore

investment, or just wanting to know what is happening in a particular

area of town - just send me an email or give me a call.

Median price is deemed to be a more accurate market indicator than average price because of

steep price fluctuations that sometime exist within market segments and thus can distort

calculated averages.