Market Trends
Total Residential Sales: 14 homes sold (26% decrease Y/Y).
New Listings: 11 new listings (18% decrease Y/Y).
Inventory Levels: 36 active listings (81% increase Y/Y).
Months of Supply: 2.57 months, indicating a more balanced market.
Price Trends:
Detached Homes: $1,113,500 (10.7% Y/Y increase).
Semi-Detached Homes: $533,100 (4.4% Y/Y increase).
Row Homes (Townhouses): $389,000 (33.3% Y/Y increase).
Apartments (Condos): $375,418 (6.4% Y/Y increase).
Total Residential Benchmark Price: $919,600 (35.3% increase Y/Y).
Market Insights
Sales have slowed, reflecting seasonal trends and affordability challenges.
Inventory is rising, giving buyers more options and shifting the market toward balance.
Price growth remains strong, especially in the row home and detached segments.
School & Community Features in Springbank Hill Calgary
Springbank Hill is known for top-tier schools and family-friendly amenities, making it a sought-after neighborhood for families and professionals.
Public Schools
Griffith Woods School (K-9)
Highly rated school with strong academic programs.
Emphasis on STEM and extracurricular activities.
Ernest Manning High School (10-12)
Offers Advanced Placement (AP) and Honours Programs.
High university acceptance rate.
Catholic & Private Schools
St. Joan of Arc School (K-9) – Catholic education with faith-based learning and strong academics.
Webber Academy (K-12, Private) – One of Calgary’s top-ranked private schools, known for academic excellence.
Rundle College (K-12, Private) – Focuses on personalized learning and leadership programs.
Community Highlights
Close to Westhills Shopping Centre, Aspen Landing, and major retail hubs.
Near Griffith Woods Park and pathways, offering excellent outdoor recreation.
Easy access to downtown Calgary, making it ideal for professionals.
Springbank Hill’s real estate market saw rising inventory and strong price growth in November 2024. The community’s excellent schools and amenities continue to attract families and high-income buyers. 2025 is expected to bring a more balanced market, offering both buyers and sellers opportunities.
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