Market Overview
Sales: The community recorded 6 residential sales, reflecting a 200% year-over-year increase.
New Listings: There were 9 new listings, up by 50% year-over-year.
Benchmark Price: The total residential benchmark price was $654,950, showing an 8.1% decrease from the previous year.
Inventory: Inventory levels stood at 23 units, a 156% increase year-over-year.
Months of Supply: At 3.83 months, supply was stable, indicating a balanced market.
Property Types: Detached homes dominated sales, with a benchmark price of $649,900, while semi-detached homes saw growth with a benchmark of $695,000.
Community Development
Rangeview continues to thrive as a vibrant, family-oriented community in southeast Calgary. The area is part of Calgary's master-planned neighborhoods, emphasizing sustainability and connectivity. The community boasts extensive green spaces, parks, and pathways, promoting outdoor activities and active lifestyles.
Shopping and Amenities
Rangeview benefits from proximity to major retail hubs:
Seton Urban District: Located nearby, it provides residents with access to grocery stores, restaurants, and boutique shopping.
Mahogany Village Market: A convenient option for everyday essentials and dining.
South Health Campus: Not only a medical facility but also a hub for wellness and lifestyle services.
The neighborhood is poised for future growth with plans for additional commercial developments and enhanced public amenities.
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