Mahogany Real Estate Market Summary – January 2025

Mahogany’s real estate market showed strong performance in January 2025, with 28 residential sales, marking a 75% increase year-over-year. The benchmark residential price reached $587,700, reflecting a 3.3% annual increase.

• Detached Homes: The benchmark price rose 6% to $818,700, with 11 sales recorded.

• Semi-Detached Homes: Prices climbed 8% to $577,000, with 7 homes sold in January.

• Row Homes: The benchmark price increased by 6% to $490,500, with 3 sales.

• Apartments: Prices grew 5% to $356,700, with 7 sales, reflecting a 75% increase year-over-year.

Mahogany continues to experience strong demand, with inventory levels rising to 80 units (a 54% increase) and new listings reaching 62 (up 68%). The months of supply now stands at 2.86, indicating a balanced market.

Lake Lifestyle & Outdoor Amenities

A key attraction of Mahogany is Calgary’s largest freshwater lake, offering a unique four-season lifestyle:

• Beach Access & Water Activities – The 63-acre Mahogany Lake provides residents with opportunities for swimming, kayaking, paddleboarding, and fishing in the summer.

• Two Private Beach Clubs – Exclusive for residents, these clubs offer sandy beaches, picnic areas, and recreational facilities.

• Winter Activities – The frozen lake transforms into a skating rink and hosts winter festivals and community events.

• Walking & Biking Trails – Over 22 km of scenic pathways connect the community, making it ideal for outdoor enthusiasts.

Community Shopping & Conveniences

Mahogany offers a mix of retail and dining options within and around the community:

• Mahogany Village Market – A central retail hub featuring grocery stores, restaurants, coffee shops, and essential services.

• Auburn Bay & Seton Shopping Centers – Located nearby, providing big-box retailers, clothing stores, and entertainment options.

• Future Urban Village Development – Planned expansions will bring more boutique shops, dining experiences, and professional services.

With its thriving real estate market, premier lake amenities, and growing retail infrastructure, Mahogany remains one of Calgary’s most desirable communities for homebuyers and investors.