Signal Hill Real Estate Market Summary – November 2024

Market Trends

• Total Residential Sales: 19 transactions (73% increase Y/Y).

• New Listings: 16 new listings (16% decrease Y/Y).

• Inventory Levels: 27 active listings (117% increase Y/Y).

• Months of Supply: 1.42 months, indicating a seller’s market.

• Price Trends:

  • Detached Homes: $890,500 (10.2% Y/Y increase).

  • Row Homes (Townhouses): $459,400 (3.8% Y/Y increase).

  • Apartments (Condos): $369,300 (2.8% Y/Y increase).

  • Total Residential Benchmark Price: $652,200 (15.8% increase Y/Y).

Market Insights

• Strong sales growth despite lower new listings, indicating high demand.

• Inventory levels have risen, but demand continues to outpace supply.

• Price appreciation remains steady, especially for detached homes.

School & Community Features in Signal Hill

Signal Hill is a highly desirable community known for its excellent schools, family-friendly atmosphere, and convenient amenities.

Public Schools

1. Battalion Park School (K-6)

   • Highly rated for strong academic programs and active parent involvement.

2. A.E. Cross School (7-9)

   • Focuses on leadership, athletics, and academic excellence.

3. Ernest Manning High School (10-12)

   • One of Calgary’s top high schools, offering AP and Honours Programs.

Catholic & Private Schools

• Holy Name School (K-6, Catholic) – French Immersion and faith-based learning.

• St. Gregory School (7-9, Catholic) – Strong academic and extracurricular programs.

• Rundle College (K-12, Private) – Focus on personalized learning and leadership development.

Community Highlights

• Westhills Shopping Centre: Offers retail, dining, and entertainment options.

• Parks & Recreation: Signal Hill Park and pathways provide excellent outdoor spaces.

• Convenient Access: Close proximity to downtown Calgary, ideal for professionals.

Signal Hill’s real estate market in November 2024 remained strong, with rising prices and high demand. The community’s excellent schools and convenient location continue to attract families and professionals. Looking ahead, 2025 is expected to bring steady price growth, with a potential shift toward a balanced market as inventory rises.