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Hawkwood NW Calgary Real Estate Market Summary Q1 2025

Hawkwood NW Calgary Real Estate Market Summary Q1 2025

Hawkwood experienced a robust start to 2025 with significant year-over-year growth across key real estate indicators:

  • Sales: 31 homes sold, a 106.7% increase from Q1 2024, well above the 10-year Q1 average of 25.

  • New Listings: 49 properties listed, marking a 157.9% increase Y/Y.

  • Sales-to-New-Listings (SNL) Ratio: 63.27% – a healthy level indicating solid demand relative to supply.

  • Average Days on Market (DOM): Properties sold in an average of 24 days, 64.3% faster than Q1 2024.

  • Months of Supply: 1.48 – suggesting a tight market with limited inventory.


🏘 Trends by Property Type

🏠 Detached Homes

  • Benchmark Price: $772,000 (+5.01% Y/Y)

  • Sales: 29 (141.7% increase Y/Y)

  • Average Price: $783,979

  • SNL Ratio: Strong at ~60%, confirming high demand

  • Price Range Distribution: Most activity occurred in the $700K–$799K and $800K–$999K brackets.

  • Inventory Pressure: Detached homes remain in high demand with only 1.31 months of supply.

🏘 Row Homes

  • Benchmark Price: $429,200 (+1.9% Y/Y)

  • Sales: 2

  • Inventory: Stable with ~1 month of supply

  • Activity in this segment is modest but steady. It's an attractive option for downsizers or first-time buyers wanting entry into Hawkwood.

🏢 Apartments

  • Benchmark Price: $338,233 (+4.72% Q/Q)

  • Sales: Limited, but growing interest

  • Typically priced under $400,000, apartments present a more affordable entry point in the neighborhood.

🏚 Semi-Detached

  • No recorded sales in Q1 2025, though one property was listed in Q4 2024. This segment remains niche in Hawkwood, making up a small fraction of the market.


📈 Price Trends

  • Total Residential Benchmark Price: $699,500 (+3.3% Y/Y)

  • Average Residential Price: $755,158 (+11.3% Y/Y)

  • The benchmark price has trended consistently upward since 2021, reflecting strong, sustained demand and a desirable community profile.


🏫 Hawkwood Community & School News – Q1 2025

Hawkwood School Initiatives

  • Hawkwood Elementary School kicked off 2025 with a “Science Through Nature” program, partnering with Nose Hill Park educators to enhance environmental literacy through weekly outdoor classes.

  • St. Maria Goretti School launched a student mentorship initiative in January, pairing older students with newcomers to support transitions and leadership.

  • Local schools reported increased enrollment, suggesting growing family interest in the area—this bodes well for ongoing demand in the detached and family-friendly housing segments.

Community Engagement

  • The Hawkwood Community Association organized the Winter Family Fun Fest in February, attracting over 500 residents with sledding, food trucks, and live music.

  • Community clean-up programs are scheduled for April, reinforcing Hawkwood's family-oriented, community-driven character—a major draw for homebuyers.


Key Takeaways

  • Hawkwood remains a seller’s market, especially in the detached home segment, driven by limited supply and strong demand.

  • Families continue to target Hawkwood for its school options, green space, and community feel.

  • Price appreciation across all property types shows sustained upward momentum, though affordability concerns could shift some demand to row homes and apartments in the coming quarters.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.