Banff Trail real estate market
Updated July 2023 · detached homes · Pillar 9 / CREB sales records
As of July 2023, the typical detached home in Banff Trail sold for about $635,000 (a 3-month average), down 5.2% year over year. Homes there are taking around 24 days to sell at 98.8% of asking price.
- Typical sold price
- $635,000
- −5.2% YoY
- Days on market
- 24
- +2 days YoY
- % of asking price
- 98.8%
- −1.4% YoY
3-month averages, smoothed to filter month-to-month noise · not an appraisal
As of July 2023, the typical detached home in Banff Trail sold for $635,000, −5.2% year-over-year - per CREB sales records analyzed by Chris Birchard, REALTOR®.
Who holds the cards?
Negotiating leverage for detached homes in Banff Trail, measured against the community’s own 5-year norm.
(−0.8% vs norm)
Homes are currently fetching 98.8% of asking against a 99.6% five-year norm. What that leverage means for a specific home depends on its type, style, and price band - that’s the conversation I have with the actual comparables on the table.
Pricing & pace
Typical detached home sold price (line) against days on market (bars), last 24 months.
The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Banff Trail is selling at a stable, seasonal pace (a 3-month median of 24 days). Steady liquidity has usually meant stable, consistent pricing.
Last 12 months at a glance
| MONTH | TYPICAL SOLD | DAYS ON MARKET | % OF ASKING |
|---|---|---|---|
| July 2023 | $710,000 | 2 | 101.6% |
| June 2023 | − | − | − |
| May 2023 | − | − | − |
| April 2023 | − | − | − |
| March 2023 | − | − | − |
| February 2023 | − | − | − |
| January 2023 | − | − | − |
| December 2022 | $605,000 | 32 | 97.0% |
| November 2022 | − | − | − |
| October 2022 | − | − | − |
| September 2022 | − | − | − |
| August 2022 | − | − | − |
Single-month medians for detached homes, not smoothed; − means too few sales to report.
Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for detached homes drawn from groups of 5 or more sales - informational only, not an appraisal or a guarantee of value. Latest data: July 2023.