Real Estate Market Trends

• Sales Activity: 11 total residential sales in January, reflecting a 15% decrease year-over-year.

• New Listings: 15 new listings, a 7% increase compared to January 2024.

• Inventory: 9 available homes, down 31% from the previous year.

• Benchmark Price: $875,700 for total residential properties, up 3.7% year-over-year.

• Months of Supply: 0.82 months, indicating a strong seller’s market.

Detached Homes 🏡

• Benchmark Price: $1,239,600 (6% Y/Y increase)

• Sales Activity: 4 sales, down 43% year-over-year.

• New Listings: 8 new listings, a 14% increase from January 2024.

• Inventory: 5 active listings, indicating a low supply compared to demand.

• Market Trend: Despite rising prices, detached home sales slowed due to affordability concerns and limited supply.

Row Homes (Townhouses) 🏘️

• Benchmark Price: $544,000 (up 9% Y/Y)

• Sales Activity: 4 sales, up 100% compared to last year.

• New Listings: 5 new listings, a 67% increase from January 2024.

• Inventory: 3 active listings, making it a competitive market.

• Market Trend: Strong demand for affordable housing options has driven up both prices and sales in the row-home sector.

Apartments (Condos) 🏢

• Benchmark Price: $429,800 (up 9% Y/Y)

• Sales Activity: 3 sales, the same as last year.

• New Listings: 2 new listings, down 33% from January 2024.

• Inventory: 1 active listing, reflecting a tight market with very few options available.

• Market Trend: Demand remains stable, but low new listings and inventory constraints are driving up prices.

Local Amenities

• Schools: Aspen Woods is known for top-rated schools such as Webber Academy, Calgary Academy, and Rundle College. Public school options include Dr. Roberta Bondar School and Ernest Manning High School.

• Public Transit: The nearest LRT station is 69th Street Station, providing direct access to downtown Calgary. Bus routes also serve the area for added convenience.

• Shopping & Lifestyle: Aspen Landing Shopping Centre offers various retail stores, dining, and professional services. Westhills and Signal Hill shopping centers are a short drive away for additional shopping options.

Overall Market Summary

• Total residential price: $875,700 (up 3.7% Y/Y).

• Total sales: 11 homes sold (down 15% Y/Y).

• Months of Supply: 0.82 months, indicating a seller’s market.

Key Takeaways:
✔️ Detached homes remain the most expensive but are seeing fewer transactions due to high prices.
✔️ Row homes (townhouses) are in high demand, with prices and sales both rising.
✔️ Apartments (condos) are appreciating in value but have very limited inventory.
✔️ Semi-detached homes have no movement, likely due to low turnover rates.

The Rangeview real estate market demonstrated steady growth in January 2025, with 15 residential sales, reflecting a 114.3% increase year-over-year. The benchmark residential price climbed to $695,000, marking a 10.3% annual growth.

• Detached Homes: The benchmark price reached $744,999, reflecting a 4.9% annual increase.

• Semi-Detached Homes: Prices rose 10.3% year-over-year to $693,750, with 4 sales recorded.

• Row Homes: Sales were lower, but the median price increased by 7.2% to $560,000.

• Apartments: No apartment sales were recorded in January.

Inventory in Rangeview increased significantly, reaching 24 available units, marking a 213% rise compared to the previous year. New listings surged to 31 (up 121%), bringing the months of supply to 4.8, indicating a balanced-to-buyers market.

Community Hospital Features – South Health Campus

Rangeview benefits from its proximity to South Health Campus, a premier medical facility located in nearby Seton.

• 24/7 Emergency Services – Provides immediate care for critical medical needs.

• Advanced Medical Specialties – Features departments for cardiology, orthopedics, oncology, and neurology.

• Surgical & Trauma Care – Offers state-of-the-art surgical suites and post-operative recovery services.

• Teaching & Research Hub – A key partner with the University of Calgary’s medical faculty, advancing healthcare innovation.

• Wellness & Rehabilitation Programs – Includes mental health support, physiotherapy, and chronic disease management.

Future Outlook

With rising property values, expanding healthcare access, and increasing community development, Rangeview is becoming an attractive location for families, professionals, and investors.