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Springbank Hill Real Estate Market Summary – January 2025

Springbank Hill Real Estate Market Summary – January 2025

Market Trends

  • Total Residential Sales: 10 transactions (44% decrease Y/Y).

  • New Listings: 21 new listings (9% decrease Y/Y).

  • Inventory Levels: 34 active listings (62% increase Y/Y).

  • Months of Supply: 3.40 months, signaling a more balanced market.

  • Price Trends:

    • Detached Homes: $1,120,700 (8% Y/Y increase).

    • Semi-Detached Homes: No recorded sales.

    • Row Homes (Townhouses): $519,800 (10% Y/Y increase).

    • Apartments (Condos): $379,100 (11% Y/Y increase).

    • Total Residential Benchmark Price: $916,600 (6.2% increase Y/Y).

Market Insights

  • Sales volume decreased significantly, likely due to seasonal factors and affordability constraints.

  • Inventory levels rose, providing buyers with more options and shifting the market away from extreme seller conditions.

  • Prices continue to rise, especially in the row home and apartment segments, reflecting demand for affordable housing options.


Community Features in Springbank Hill

Springbank Hill is a prestigious, family-friendly community known for luxury homes, natural scenery, and top-tier schools.

Education & Schools

Springbank Hill offers access to some of Calgary’s best public, Catholic, and private schools, including:

  1. Griffith Woods School (K-9) – Public

    • Highly rated for STEM programs and extracurricular activities.

  2. Ernest Manning High School (10-12) – Public

    • Offers Advanced Placement (AP) and Honours programs with a strong university admission rate.

  3. St. Joan of Arc School (K-9) – Catholic

    • Known for faith-based learning and strong academic results.

  4. Webber Academy (K-12) – Private

    • One of Calgary’s top-ranked private schools, focusing on academic excellence.

  5. Rundle College (K-12) – Private

    • Offers personalized learning and leadership development programs.

Recreation & Amenities

  • Griffith Woods Park: A large natural area with walking trails and outdoor activities.

  • Aspen Landing & Westhills Shopping Centre: Retail hubs with boutiques, restaurants, and essential services.

  • Easy access to downtown Calgary, making it ideal for commuters and professionals.

  • Family-friendly environment with community events and strong local engagement.


2025 Springbank Hill Real Estate Market Outlook

  1. Market Moving Toward Balance

    • Rising inventory levels could lead to longer selling times and more buyer opportunities.

  2. Luxury Home Market Stability

    • High-end properties will likely hold value, but demand may shift towards more affordable housing segments.

  3. Continued Growth in Row Homes & Condos

    • First-time buyers and downsizers will drive demand in these segments.

    • Expect steady price appreciation for row homes and condos in 2025.

  4. Impact of Interest Rates on Buyer Activity

    • Affordability concerns may slow down higher-end sales.

    • Well-priced homes will remain in demand, particularly in sought-after areas like Springbank Hill.


Springbank Hill’s real estate market in January 2025 saw a decline in sales but continued price growth, particularly in row homes and apartments. The community remains highly desirable due to excellent schools, green spaces, and luxury amenities. Looking ahead, 2025 may bring a more balanced market, offering more choices for buyers while maintaining steady price appreciation.

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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.