Market Trends

• Total Residential Sales: 14 homes sold (26% decrease Y/Y).

• New Listings: 11 new listings (18% decrease Y/Y).

• Inventory Levels: 36 active listings (81% increase Y/Y).

• Months of Supply: 2.57 months, indicating a more balanced market.

• Price Trends:

  • Detached Homes: $1,113,500 (10.7% Y/Y increase).

  • Semi-Detached Homes: $533,100 (4.4% Y/Y increase).

  • Row Homes (Townhouses): $389,000 (33.3% Y/Y increase).

  • Apartments (Condos): $375,418 (6.4% Y/Y increase).

  • Total Residential Benchmark Price: $919,600 (35.3% increase Y/Y).

Market Insights

• Sales have slowed, reflecting seasonal trends and affordability challenges.

• Inventory is rising, giving buyers more options and shifting the market toward balance.

• Price growth remains strong, especially in the row home and detached segments.

School & Community Features in Springbank Hill Calgary

Springbank Hill is known for top-tier schools and family-friendly amenities, making it a sought-after neighborhood for families and professionals.

Public Schools

1. Griffith Woods School (K-9)

   • Highly rated school with strong academic programs.

   • Emphasis on STEM and extracurricular activities.

2. Ernest Manning High School (10-12)

   • Offers Advanced Placement (AP) and Honours Programs.

   • High university acceptance rate.

Catholic & Private Schools

• St. Joan of Arc School (K-9) – Catholic education with faith-based learning and strong academics.

• Webber Academy (K-12, Private) – One of Calgary’s top-ranked private schools, known for academic excellence.

• Rundle College (K-12, Private) – Focuses on personalized learning and leadership programs.

Community Highlights

• Close to Westhills Shopping Centre, Aspen Landing, and major retail hubs.

• Near Griffith Woods Park and pathways, offering excellent outdoor recreation.

• Easy access to downtown Calgary, making it ideal for professionals.

Springbank Hill’s real estate market saw rising inventory and strong price growth in November 2024. The community’s excellent schools and amenities continue to attract families and high-income buyers. 2025 is expected to bring a more balanced market, offering both buyers and sellers opportunities.

The Legacy real estate market in November 2024 experienced a moderate slowdown in sales but continued price appreciation. The benchmark price for total residential properties reached $986,700, reflecting an 8.1% year-over-year (Y/Y) increase.

Key Market Statistics:

• Sales: 22 transactions (-12% Y/Y)

• New Listings: 26 listings (-19% Y/Y)

• Inventory: 57 active listings (+4% Y/Y)

• Months of Supply: 2.59 months, indicating balanced market conditions.

• Sales-to-New Listings Ratio (S/NL): 0.85, suggesting strong buyer demand.

• Median Price: $573,500 (+6.7% Y/Y)

• Average Price: $562,203 (+18.2% Y/Y)

Property Type Breakdown:

• Detached Homes: $1,043,700 benchmark price (+12% Y/Y)

• Row/Townhouses: $426,000 benchmark price (+8.1% Y/Y)

• Apartments: $338,100 benchmark price (+5.5% Y/Y)

• Semi-Detached: No sales recorded this month.

Market Trends

1. Slower Sales Activity

• Sales were down 12% Y/Y, reflecting seasonal cooling and market adjustments.

• Fewer new listings, down 19% Y/Y, led to tighter inventory conditions.

2. Steady Price Appreciation

• The benchmark price rose by 8.1% Y/Y, highlighting continued demand.

• Detached homes saw the largest price increase, exceeding $1 million.

3. Balanced Market Conditions

• Months of supply increased to 2.59, suggesting a shift towards a more balanced market.

• Despite lower sales, home prices continue to rise, supported by sustained buyer interest.

Community Features

Legacy is a modern, master-planned community in Southeast Calgary, known for its green spaces, family-friendly amenities, and convenient access to services.

• Parks & Outdoor Spaces: Legacy boasts over 300 acres of natural reserve, walking trails, and multiple playgrounds.

• Shopping & Dining: Home to Legacy Village and close to Seton Urban District, offering retail stores, restaurants, and grocery shops.

• Recreation: Proximity to Blue Devil Golf Course, the Bow River pathways, and South Fish Creek Park.

Transportation & Accessibility

Legacy offers convenient transportation options with easy access to major roadways and public transit.

• Road Access: Located near Stoney Trail and Macleod Trail, providing quick connections to downtown Calgary.

• Public Transit: Calgary Transit bus routes connect Legacy to nearby LRT stations.

• Future LRT Expansion: Planned extensions to the Green Line LRT will improve transit access for residents.

Legacy’s real estate market in November 2024 showed strong price growth and a balanced supply, despite a seasonal slowdown in sales. With rising home values, excellent community amenities, and strong connectivity, Legacy remains a highly desirable neighborhood for homebuyers.

Market Trends

• Total Residential Sales: 14 homes sold (40% increase Y/Y).

• New Listings: 14 new listings (8% increase Y/Y).

• Inventory Levels: 25 active listings (19% increase Y/Y).

• Months of Supply: 1.79 months, indicating a strong seller’s market.

• Price Trends:

  • Detached Homes: $830,500 (6.3% Y/Y increase).

  • Semi-Detached Homes: $484,000 (19% Y/Y increase).

  • Row Homes (Townhouses): $505,700 (7% Y/Y increase).

  • Apartments (Condos): $276,000 (8.3% Y/Y increase).

  • Total Residential Benchmark Price: $695,300 (3.4% Y/Y increase).

Market Insights

• Strong sales growth suggests continued buyer demand despite rising inventory.

• Price appreciation across all property types, with semi-detached homes leading the gains.

• New listings are increasing, providing more options for buyers, but demand remains high.

School Features in Edgemont

Edgemont is well-known for its highly-rated schools, making it a top choice for families. Some key schools include:

Public Schools

1. Edgemont School (K-5) – Offers a strong academic program and a focus on literacy and mathematics.

2. Tom Baines School (6-9) – A top-ranked middle school with advanced placement options and sports programs.

3. Sir Winston Churchill High School (10-12) – Offers International Baccalaureate (IB) and Advanced Placement (AP) programs, attracting students seeking academic excellence.

Catholic Schools

1. Mother Mary Greene School (K-6) – Provides faith-based education and strong academic performance.

2. St. Jean Brebeuf (7-9) – A well-regarded junior high school with a focus on leadership and academics.

Additional Features

• Access to numerous after-school programs, music, and sports activities.

• Proximity to public libraries, parks, and learning centers, making Edgemont a highly desirable community for families.

The Edgemont real estate market in November 2024 remained strong, with rising prices and increasing demand. The school district continues to be a major draw for families, reinforcing the neighborhood’s appeal.

The Hawkwood real estate market has seen steady growth in November 2024, with the benchmark price reaching $674,400, marking a 2.1% year-over-year increase. The market remains competitive, with sales totaling 7 transactions, a 22% decline compared to last year. However, new listings have surged by 180%, bringing inventory up to 23 units.

Key market figures:

• Detached Homes: Benchmark price at $741,000, showing an upward trend.

• Row/Townhouses: Benchmark price at $428,700.

• Apartments: Benchmark price at $344,900.

• Months of Supply: 3.29 months, indicating a balanced market.

Community Features

Hawkwood is a well-established, family-friendly neighborhood in Northwest Calgary, known for its scenic views, abundance of green spaces, and excellent amenities. The community offers:

• Hawkwood Community Association, which hosts local events, sports programs, and recreational activities.

• Multiple parks and playgrounds, including the Hawkwood Uplands Recreation Area, perfect for outdoor activities.

• Proximity to Crowfoot Shopping Centre, featuring grocery stores, restaurants, and retail shops.

Schools

Families in Hawkwood have access to top-rated schools, including:

• Hawkwood School (K-6, public)

• St. Maria Goretti School (K-6, Catholic)

• Robert Thirsk High School (10-12, public)

• Nearby access to Tuscany and Arbour Lake schools for additional educational options.

Transportation & Accessibility

Hawkwood offers convenient transportation options:

• Crowfoot LRT Station is just minutes away, providing easy access to downtown Calgary.

• Major roadways, including Stoney Trail and Crowchild Trail, ensure quick commutes.

• Calgary Transit bus routes serve the community, connecting to key locations in the city.

Hawkwood remains a desirable neighborhood with a strong real estate market, great schools, and excellent amenities. Whether you're looking to buy or sell, the community's blend of natural beauty and accessibility makes it a prime choice for families and professionals alike.

The real estate market in Evergreen remained active in November 2024, with a mix of detached, attached, and apartment properties showing steady price appreciation. The benchmark price for total residential properties was approximately $615,400, reflecting a continued year-over-year increase.

• Detached Homes: Benchmark prices ranged around $758,800 to $751,700, with fully finished basements being a common feature.

• Attached Homes (Semi-Detached & Row Houses): Prices averaged $547,900 for semi-detached and $425,300 for row housing.

• Apartments: The benchmark price was $339,400, showing stability in this segment.

Sales Activity:

• Total sales volume showed moderate growth, with an increase in transactions compared to the same period last year.

• Days on Market (DOM) remained relatively low, indicating strong demand across property types.

• The sales-to-new-listings ratio suggests a competitive market, favoring sellers in some segments​.

Transportation & Accessibility

Evergreen is well-connected to Calgary’s major road networks:

• Stoney Trail provides quick access to the rest of the city, making commuting convenient.

• Public Transit: Several bus routes serve the community, and the Tsuut’ina LRT extension under discussion is expected to enhance transit accessibility in the coming years.

• Pedestrian-friendly paths and cycling routes contribute to a well-connected neighborhood.

Schools & Education

Evergreen is a family-friendly community with excellent school options:

• Evergreen School (K-4, CBE) – Offers an inquiry-based learning approach.

• Marshall Springs School (5-9, CBE) – A middle school with strong academic and extracurricular programs.

• Our Lady of the Evergreens (K-6, CSSD) – A Catholic school offering faith-based education.

• Dr. E.P. Scarlett High School – The designated high school with a French immersion program and Advanced Placement courses.

The presence of quality educational institutions adds to Evergreen’s appeal for families looking to settle in a well-serviced community.

Conclusion

Evergreen continues to be a desirable neighborhood for homebuyers, with rising property values, a balanced market, and strong demand for detached and attached homes. Its good transportation links and top-tier schools make it an attractive choice for families and investors alike.

Market Trends

The Hamptons real estate market in Calgary experienced moderate activity in November 2024, with notable trends across different housing segments:

• Detached Homes: The benchmark price for detached homes in the Hamptons reached $943,500, reflecting a 6.9% year-over-year increase. Inventory remained stable, with a sales-to-new-listings (S/NL) ratio of 1.00, indicating a balanced market​.

• Semi-Detached Homes: The benchmark price for semi-detached properties was $494,200, with an inventory decline of 38% compared to last year. This segment saw one sale and one new listing, keeping the months of supply at 1.60​.

• Total Residential Market: The overall benchmark price for Hamptons reached $876,600, marking a 5.4% annual increase. Sales increased by 25% compared to November 2023, while new listings remained steady​.

• Days on Market: Homes in Hamptons were selling in an average of 29 days, slightly faster than previous months, suggesting continued buyer interest​.

School Features in Hamptons

Hamptons is known for its excellent educational options, attracting families looking for strong academic programs. Schools in and around the community include:

• Hamptons School (K-4) – A well-regarded elementary school within the Calgary Board of Education.

• Captain John Palliser School (K-6) – Located nearby, offering strong academic programs.

• Twelve Mile Coulee School (5-9) – A reputable middle school serving students in the area.

• Sir Winston Churchill High School (10-12) – A top-ranked high school known for its strong academic programs, including the International Baccalaureate (IB) program.

The presence of these schools makes Hamptons a desirable community for families seeking quality education for their children.

Market Overview

Aspen Woods remains one of Calgary’s most sought-after neighborhoods, with continued demand and price growth in November 2024. Limited inventory and strong buyer interest have contributed to a competitive market.

Key Market Statistics

• Sales: 13 total residential sales, a 30% increase year-over-year.

• New Listings: 12 new listings, down 33% compared to November 2023.

• Inventory: 16 active listings, a 25% decrease year-over-year.

• Benchmark Prices:

  • Detached Homes: $1,234,100 (+10% YoY)

  • Semi-Detached Homes: N/A

  • Row Homes: $554,100 (+7.3% YoY)

  • Apartments: $438,300 (+4.1% YoY)

• Months of Supply: 1.23 months, indicating a strong seller’s market.

Schools in Aspen Woods

Aspen Woods is known for its excellent schools, making it a top choice for families. Notable institutions include:

• Webber Academy – A prestigious private school with a strong academic reputation.

• Calgary Academy – Offers specialized learning programs.

• Ernest Manning High School – A top-rated public high school.

• Guardian Angel School – A well-regarded Catholic elementary school.

LRT & Transportation

Aspen Woods residents benefit from convenient access to Calgary’s LRT and major roadways:

• 69 Street LRT Station: Provides quick access to downtown Calgary and beyond.

• Bus Routes: Multiple transit routes connect Aspen Woods to other parts of the city.

• Stoney Trail & Bow Trail: Major roadways offering efficient commuting options.

Market Trends by Property Type

1. Detached Homes

   • Benchmark Price: $740,700 (+7.2% year-over-year)

   • Sales: 9 (+80% Y/Y)

   • Inventory: 6 (-50% Y/Y)

   • Months of Supply: 0.75 (tight supply, strong seller’s market)

2. Semi-Detached Homes

   • Benchmark Price: $600,300 (+7.3% Y/Y)

   • Sales: 2 (+100% Y/Y)

   • Inventory: 1 (unchanged Y/Y)

   • Months of Supply: NA (limited sales data)

3. Row Homes

   • Benchmark Price: $413,900 (+12.0% Y/Y)

   • Sales: 0 (-100% Y/Y)

   • Inventory: 4 (+300% Y/Y)

   • Months of Supply: NA (no sales activity)

4. Apartments

   • Benchmark Price: $336,200 (+8.3% Y/Y)

   • Sales: 8 (+14% Y/Y)

   • Inventory: 6 (unchanged Y/Y)

   • Months of Supply: 1.35 (relatively balanced market)

5. Overall Market Performance

   • Total Residential Benchmark Price: $590,500 (+4.7% Y/Y)

   • Sales: 19 (+36% Y/Y)

   • New Listings: 17 (+42% Y/Y)

   • Inventory: 18 (+157% Y/Y)

   • Months of Supply: 0.95 (low inventory, favoring sellers)

Schools and Amenities in Arbour Lake

Arbour Lake is a sought-after community with top-rated schools, including:

• Elementary & Middle Schools: Arbour Lake School, Citadel Park School

• High Schools: Robert Thirsk High School

The community is well-known for its lake access, offering year-round recreation such as swimming, skating, and fishing.

Shopping and Features

• Shopping Centers: Crowfoot Crossing is a major retail hub, providing access to grocery stores, restaurants, and entertainment, including a movie theater.

• Recreation: Arbour Lake's private lake is a key attraction, along with nearby parks and walking trails. The Crowfoot YMCA offers fitness and community programs.

West Springs experienced strong real estate activity in November 2024. The total residential benchmark price increased by 4.4% year-over-year (Y/Y), reaching $814,300. The market remained competitive, with 20 sales recorded—a 43% increase Y/Y—and 24 new listings, reflecting a 71% Y/Y rise. Inventory levels doubled compared to the previous year, reaching 40 available properties.

• Detached homes had a benchmark price of $1,072,000, up 13% Y/Y.

• Semi-detached homes were priced at $758,600, reflecting steady growth.

• Row homes and apartments saw moderate price increases, with row homes averaging $516,000 and apartments at $469,600.

• The months of supply stood at 2.00 months, indicating a seller’s market but with slightly increasing inventory.

Overall, demand remains strong, with rising prices across all property types, reflecting West Springs’ ongoing desirability.

Schools & Education

West Springs is well-known for its excellent education options, making it a top choice for families. Some of the top schools in the area include:

• West Springs School (K-4) – Highly rated elementary school.

• West Ridge School (Grades 5-9) – A top-tier middle school.

• Ernest Manning High School – Offers advanced placement programs and excellent university preparation.

• Calgary French & International School – A private bilingual school with strong academics.

These schools contribute to the neighborhood’s appeal for families seeking high-quality education.

Community Features

West Springs offers a blend of suburban charm and urban convenience, making it one of Calgary’s most desirable communities. Notable features include:

• Parks & Green Spaces: Ample walking trails, playgrounds, and green belts provide a perfect setting for outdoor activities.

• Shopping & Dining: Access to West 85th, a popular shopping area with premium grocery stores, boutique shops, and diverse dining options.

• Recreation: Proximity to WinSport, Canada Olympic Park, and various fitness centers make it ideal for sports enthusiasts.

• Connectivity: Quick access to Stoney Trail and Bow Trail, offering a smooth commute to downtown Calgary and beyond.

With its strong housing market, excellent schools, and vibrant amenities, West Springs remains a prime location for buyers and investors.

Sales and Market Trends:

• Total residential sales in Mahogany for November 2024 were 30 units, representing a 9% year-over-year decline.

• New residential listings increased to 59 units, a 34% YoY growth.

• Inventory levels climbed to 87 units, marking a 36% YoY increase.

• The months of supply stood at 2.90, indicating a more balanced to buyer-friendly market.

Price Metrics:

• The overall benchmark price for Mahogany residential properties reached $588,700, showing a 3.2% YoY increase.

  • Detached Homes: Average price was $810,000, reflecting a 9.1% YoY increase.

  • Semi-Detached Homes: Benchmark price at $570,500, up by 5.4% YoY.

  • Row Houses: Price climbed to $487,500, marking a 5.4% YoY increase.

  • Apartments: Average price rose to $365,500, with a 5.4% YoY increase.

Sales-to-New-Listings Ratio (S/NL):

• The S/NL ratio for November 2024 was 0.51, signaling an oversupply relative to demand and leaning towards a buyer's market.

Market Observations:

• While sales showed a slight decline, new listings and inventory experienced significant growth, providing more options for buyers.

• Detached homes remain the most resilient segment in price growth, maintaining a strong appeal.

• Apartments and row houses also recorded steady price increases, reflecting sustained demand across diverse property types.

This summary showcases a shifting market in Mahogany, with increased inventory offering buyers more choices and slightly moderating sales activity.

Market Performance

McKenzie Lake’s real estate market in November 2024 demonstrated strong activity, with slight price increases in certain categories:

• Total residential benchmark price: $709,500, reflecting a 5.7% year-over-year (Y/Y) increase.

• Sales activity: 13 homes sold, marking an 8% Y/Y increase.

• Inventory levels: 10 active listings, down 23% Y/Y, with 1.30 months of supply.

• Average days on market (DOM): Homes averaged 23 days on the market before selling.

Housing Types

• Detached homes: The benchmark price for detached homes is $725,000, with 6 homes sold and inventory levels continuing to remain low.

• Semi-detached homes: The benchmark price for semi-detached homes is $681,115, with moderate demand.

• Row and apartment homes: Limited activity in row and apartment categories with just a few units sold.

Community Features

McKenzie Lake is well-known for its natural beauty and outdoor recreational opportunities:

1. Lake Sports and Recreation:

   • The community is built around McKenzie Lake, offering residents a variety of water sports throughout the year, including boating, fishing, and swimming in the summer months.

   • In winter, the lake freezes over, providing a perfect setting for ice skating and hockey.

2. Active Outdoor Lifestyle:

   • McKenzie Lake features pathways, green spaces, and outdoor areas designed for active living, making it an ideal environment for families and outdoor enthusiasts.

3. Family-Oriented Amenities:

   • The community offers several parks, a community center, and excellent local schools, fostering a family-friendly atmosphere.

McKenzie Lake continues to attract buyers seeking an active, family-friendly lifestyle with unparalleled access to outdoor lake sports and community-driven amenities. Its stable market conditions and robust property demand make it a highly desirable area for investment and long-term living.

Sales and Market Trends:

• Total residential sales for Auburn Bay stood at 34, maintaining consistency with the previous year 

• New residential listings increased to 33, marking a 22% YoY growth.

• Inventory levels rose significantly to 48 units, reflecting a 78% YoY increase.

• Months of supply for November was 1.41, slightly higher compared to last year, indicating a balanced market leaning towards a buyer's trend.

Price Metrics:

• The overall benchmark price for residential properties reached $630,900, representing a 2.0% YoY increase.

  • Detached Homes: Average price at $804,300, unchanged from last year.

  • Semi-Detached Homes: Average price rose to $521,900 (12.5% YoY increase).

  • Row Houses: Slight price increase to $461,400 (7.3% YoY increase).

  • Apartments: Reached $373,800, reflecting a 6.0% YoY increase.

Sales-to-New-Listings Ratio (S/NL):

• The S/NL ratio for November was 1.03, maintaining a balanced market dynamic.

Market Observations:

• The detached and row housing segments retained steady sales volume with no significant year-over-year change.

• Apartments showed a decline in sales but maintained stability in inventory levels.

• Semi-detached homes experienced a notable sales surge (200% YoY increase) with inventory also showing growth.

This overview highlights a stable yet slightly cooling market as increased inventory provides buyers with more options while prices continue to trend upwards in key segments.