McKenzie Lake, a vibrant community in southeast Calgary, continues to attract families and professionals with its scenic lakefront properties, excellent schools, and nearby shopping amenities.
Sales Activity:
Total Residential Sales: 6 homes sold in December 2024, a year-over-year decline of 14%.
Inventory: Inventory increased by 50% to 8 units, providing more options for buyers.
Benchmark Price: The overall benchmark price rose by 7.3% to $708,000, reflecting strong buyer demand for properties in this community.
Property Types:
Detached Homes: The benchmark price climbed to $737,300, up 7% year-over-year.
Row/Townhouses: Prices increased to $418,200, a growth of 7.3% year-over-year.
Apartments: Limited activity; detailed data unavailable.
Community Features
Lake Access: McKenzie Lake offers exclusive lake access to residents, ideal for year-round recreation including swimming, boating, and skating in the winter months.
Shopping Amenities:
McKenzie Towne Centre and South Trail Crossing provide a variety of retail, dining, and grocery options within minutes of the community.
Major shopping hubs like Seton Urban District and 130th Avenue SE are easily accessible.
Schools:
Excellent educational facilities include McKenzie Lake School (K-6) and St. John Henry Newman School (K-9), both highly rated and central to the community.
Market Insights
Months of Supply: Increased to 1.33, indicating a shift toward a balanced market.
Demand Trends: Despite a slight decrease in sales, demand for detached homes remains robust due to community amenities and proximity to schools.
Outlook: Moderate price growth is expected to continue in early 2025, supported by steady demand and stable inventory.
Conclusion
McKenzie Lake continues to thrive as one of Calgary’s premier lake communities, combining recreational appeal, quality education, and accessibility to shopping hubs. The real estate market remains resilient, with opportunities for both buyers and sellers.
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