Arbour Lake remains one of NW Calgary’s most sought-after communities, combining strong market performance with the unique appeal of being Calgary’s only NW lake community. Here’s how the market shaped up in Q1 2025:
🔹 Detached Homes
Sales Activity: 26 sales
Benchmark Price: $722,433 (↑ 10.3% year-over-year)
Market Trend: Low inventory has continued to drive up prices. Buyers are still willing to pay premiums for lake access and mountain views, especially on larger lots or renovated properties.
Days on Market: Homes sold relatively quickly, especially those priced under $750K or offering modern upgrades.
🔹 Semi-Detached Homes
Sales Activity: Limited (fewer listings available)
Market Trend: These properties remain rare in Arbour Lake. When they do appear, they tend to attract downsizers or first-time buyers seeking lake access without the price tag of detached homes.
🔹 Row / Townhouses
Benchmark Price: $421,100 (↑ 14.7% year-over-year)
Market Trend: This segment saw the strongest price appreciation. Lower interest rates and affordability compared to detached homes have brought more competition to townhouses.
Buyer Profile: Young professionals, investors, and small families.
🔹 Apartments
Benchmark Price: $311,567 (↑ 16.5% year-over-year)
Market Trend: A big jump in pricing driven by increased investor interest and new condo developments. Demand is also driven by retirees and first-time buyers wanting access to the lake lifestyle.
🧠Supply & Demand Snapshot
Inventory: Remains tight across all property types.
Sales-to-Listing Ratio: Above 60%, indicating a strong seller’s market.
Price Growth Drivers: Lake access, transit connectivity (near Crowfoot LRT), reputable schools, and community amenities.
🌊 Arbour Lake Lifestyle Update
🏖️ Lake Activities & Amenities (Winter-to-Spring Transition)
Ice fishing and skating continued through early March thanks to sustained colder temps.
The lake officially closed for ice use on March 15, transitioning into spring programming like shoreline clean-up and water testing.
Residents are eagerly anticipating the May re-opening of water activities: paddle boarding, kayaking, and family beach events.
🧒 Community Programs
Spring Kids Camps filled up quickly, with waitlists already forming.
Lake Staff Recruitment began early this year due to expected record attendance this summer.
🎉 Events & Highlights
Winter Carnival (February): Huge turnout with bonfires, skating trails, and food trucks.
Spring Clean-Up Day (late March): Over 100 volunteers from the community helped prep green spaces and trails.
đź”® Outlook for Q2 2025
Continued Price Growth Expected: Especially in the condo/townhome market.
Detached Homes: May level off slightly as affordability becomes a bigger concern.
Seller's Advantage: Still present, especially for well-maintained properties with lake views.
Rental Market: Rising rents expected to push more buyers into entry-level condos.
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