Market Trends:
Total Residential Market:
Sales: 12 transactions (29% decrease year-over-year).
New Listings: 14 properties listed (22% decrease from October 2023).
Inventory: 26 active listings (15% lower than last year).
Benchmark Price: $477,400 (0.2% decrease year-over-year).
Months of Supply: 2.17 months (indicating a balanced market).
Detached Homes:
Sales: 5 homes sold (no change from October 2023).
New Listings: 5 properties listed (17% decrease year-over-year).
Benchmark Price: $728,700 (11% annual increase).
Inventory: 13 active listings.
Semi-Detached Homes:
Sales: No sales recorded.
New Listings: No new listings available.
Benchmark Price: $479,900 (14% annual increase).
Inventory: No active listings available.
Row Homes:
Sales: 3 transactions (50% decrease year-over-year).
New Listings: 2 properties listed.
Benchmark Price: $349,400 (15% annual increase).
Inventory: 2 active row home listings.
Apartments:
Sales: 4 apartments sold (33% decrease from October 2023).
New Listings: 6 units listed (33% decrease year-over-year).
Benchmark Price: $247,900 (17% annual increase).
Inventory: 11 active units.
Months of Supply: 2.60 months (indicating a relatively balanced market).
Schools in Dalhousie:
Public Schools: Dalhousie School (K-6), West Dalhousie School (K-6), and Sir Winston Churchill High School.
Catholic Schools: St. Dominic School (K-6) and St. Francis High School.
Other Educational Facilities: Nearby access to the University of Calgary and multiple preschools and daycare centers.
LRT & Transportation:
Dalhousie LRT Station: Provides direct access to downtown Calgary and other parts of the city via the Red Line.
Bus Routes: Several bus routes connect Dalhousie to key locations, including Brentwood and Crowfoot.
Major Roads: Easy access to Crowchild Trail and Shaganappi Trail enhances commuting convenience.
Community Features & Amenities:
Recreation & Parks: Dalhousie Community Association offers programs, sports, and events for residents. Multiple parks and pathways provide outdoor recreation opportunities.
Shopping & Dining: Close to Northland Village Mall, Market Mall, and Dalhousie Station for shopping and dining.
Healthcare: Nearby medical clinics and easy access to Foothills Medical Centre and Alberta Children's Hospital.
Market Outlook:
Demand for detached homes remains strong, contributing to rising prices.
The semi-detached market remains limited in availability, leading to a seller-favored segment.
Row homes and apartments are experiencing mixed trends, with steady price increases but declining sales.
Improved inventory levels could lead to more balanced conditions in the coming months.
Dalhousie remains a desirable community with its blend of housing options, excellent schools, LRT access, and strong amenities, making it an attractive choice for buyers and investors.
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