Conor Elder Real Estate | lpt Realty

May 2026 Market Report

Crestmont Real Estate Market

Benchmark Price

$801,000

-4.4% YoY

Comprehensive market data and trends to help you make informed real estate decisions in Crestmont.

Key Market Statistics

$801,000

-4.4%

Benchmark Price

CREB® benchmark

$749,000

Average Price

5-yr average sold

26

Days on Market

Average selling time

12

Active Listings

Current inventory

57

YTD Sales

2025 total sales

$347K - $2.0M

Price Range

Entry to premium

Property Type Breakdown

2026 year-to-date performance by property type

Detached Homes

48% of sales

Benchmark

$894,100

-2.7% YoY

YTD Sales

21

homes sold

Row / Townhomes

27% of sales

Benchmark

$555,000

+1.6% YoY

YTD Sales

10

homes sold

Market Conditions

Months of supply indicates market balance

2026 Year-to-Date

Seller's Market
Months of Supply2.00
Seller's (<3 mo)Balanced (3-6 mo)Buyer's
S/NL Ratio: 98.4% — Healthy demand with most new listings receiving offers

January 2026

Seller's Market
Months of Supply2.00
Seller's (<3 mo)Balanced (3-6 mo)Buyer's
Market shifting toward buyers — 12 active listings provide more selection and negotiating room

5-Year Price History

Benchmark price growth from 2020 to 2026

2021
$619K
2022
$710K
+14.8%
2023
$726K
+2.3%
2024
$758K
+4.4%
2025
$803K
+5.8%
2026
$787K

6-year appreciation: +27.2% ($168,400 increase)

Price Range Distribution

What your budget can buy in Crestmont

Entry Level

$485K – $625K

Townhomes and condos offer an accessible entry point into this premium community

Most Common

$880K – $1.3M

Standard detached homes on interior lots—the heart of the market

Premium

$1.3M – $2M+

Golf course backing, river valley views, or premium custom-built estates

Market Analysis

After years of rapid appreciation, Crestmont is experiencing a market correction in early 2026. The -4.4%year-over-year change reflects normalized conditions after prices peaked in 2024. This creates opportunities for buyers who were previously priced out.

Detached homes dominate the market, with entry-level options ($880K–$1.3M) seeing steady activity while premium properties ($1.3M+) offer negotiation room. With 26 days on market and a 98.4% sales-to-new-listings ratio, the market has shifted toward balanced conditions.

Townhomes move quickly (averaging 15 days) around $550K, making them ideal for first-time buyers. With 12 active listings and2.0 months of supply, buyers have more selection and time to make informed decisions.

Tips for Buyers

  • Premium detached homes ($1.3M+) have negotiation room—motivated sellers
  • Townhomes move fast (15 days)—be prepared to act quickly under $600K
  • Entry-level detached ($880K–$1.3M) remains competitive with steady demand
  • Condos offer patience—averaging 50+ days gives time for inspections

Tips for Sellers

  • Price competitively from day one—stale listings see deeper discounts
  • Highlight premium features: mountain views, golf backing, walkout basements
  • Spring 2026 listing may capture returning buyer activity
  • Professional staging critical—buyers have more choice in current market

Get a Personalized Market Analysis

Want to know what your home is worth or get detailed market data for a specific property? I provide complimentary market analyses for Crestmont homeowners.

Explore our Crestmont community guide, or learn more about buying in Crestmont and selling your Crestmont home. You can also read the full May 2026 market report.

May 2026Crestmont Community

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.

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