The Hawkwood real estate market started the year strong with a notable increase in sales activity and rising home prices. The benchmark price for total residential properties in January was $682,200, reflecting a 4% year-over-year (Y/Y) increase.

Key Statistics:

• Sales: 9 transactions (+800% Y/Y).

• New Listings: 14 new listings (+600% Y/Y).

• Inventory: 12 active listings (+500% Y/Y).

• Months of Supply: 1.33 months, indicating a seller’s market.

• Sales-to-New Listings Ratio (S/NL): 0.64, suggesting strong buyer demand.

• Median Price: $640,000 (+34.5% Y/Y).

• Average Price: $679,556 (+42.8% Y/Y).

Property Type Breakdown

• Detached Homes: $749,900 benchmark price (+5% Y/Y), with 8 sales recorded.

• Row/Townhouses: $422,100 benchmark price (+3% Y/Y).

• Apartments: $333,100 benchmark price (+6% Y/Y).

• Semi-Detached: No sales recorded this month.

Market Trends

1. High Sales Growth

Sales saw a significant 800% increase compared to January 2024, suggesting renewed buyer confidence in the market.

2. Increasing Home Prices

• The overall benchmark price rose by 4% Y/Y, indicating sustained property value appreciation.

• The detached market remains strong, with an average price increase of over 5% Y/Y.

3. Limited Supply & Competitive Market

• With only 1.33 months of supply, Hawkwood is currently experiencing seller’s market conditions.

• Inventory remains relatively low, leading to competitive bidding among buyers.

2025 Market Outlook

What to Expect in the Coming Months

• Continued Price Appreciation: Given the strong demand and tight supply, prices are expected to rise steadily throughout 2025.

• Increased Listings: More homeowners may list their properties in the spring, leading to a more balanced market.

• Interest Rate Impact: If interest rates remain stable or decrease, buyer activity could surge, further driving price growth.

• Stronger Spring Market: Historically, sales volume and prices tend to peak in Q2 (April – June).

Key Takeaways for Buyers & Sellers

• Buyers should act quickly in this competitive market, as inventory is limited.

• Sellers are in a strong position, with rising property values and favorable market conditions.

Hawkwood’s real estate market had a robust start to 2025, with high sales activity, increasing home values, and tight inventory levels. If trends continue, 2025 is shaping up to be a seller’s market, with continued price appreciation and strong demand.

The Hawkwood real estate market experienced moderate activity in December 2024. The benchmark price for total residential properties was $649,800, representing a 5.5% decrease from the previous month. Despite the price dip, sales increased by 40% compared to December 2023, with a total of 7 transactions.

Key statistics:

• Sales: 7 (+40% Y/Y)

• New Listings: 5 (unchanged Y/Y)

• Months of Supply: 2.14 months (indicating balanced conditions)

• Inventory: 15 active listings, a significant 1400% increase from last year.

Segment Breakdown

• Detached Homes: $711,100 benchmark price (-6% Y/Y), with 6 sales recorded.

• Row/Townhouses: $426,000, showing a 5.2% annual increase.

• Apartments: $338,100, up 5.5% Y/Y.

• Semi-Detached: No recorded sales this month.

2024 Annual Market Summary

Year in Review

Overall, 2024 saw continued price growth and a stable sales environment in Hawkwood. The total annual residential benchmark price averaged $687,575, reflecting an 8.3% increase from 2023.

Annual Key Trends:

• Total Sales: 120 homes sold, a 2% increase over 2023.

• New Listings: 167 listings, up 28% Y/Y.

• Months of Supply: Averaged 1.65 months, showing a strong demand throughout the year.

• Highest Benchmark Price (May 2024): $715,400.

• Lowest Benchmark Price (December 2024): $649,800.

Notable Market Trends:

1. Increased New Listings: The number of new listings grew significantly, particularly in Q2 and Q3.

2. Rising Prices in the First Half of the Year: Prices peaked in May 2024 before softening towards the end of the year.

3. Stable Demand Despite Higher Interest Rates: Sales remained steady, and buyers continued to show interest in detached homes.

The Hawkwood real estate market in 2024 was strong and resilient, with steady price appreciation and stable sales. While December saw a temporary price dip, the overall yearly trend remained positive. Heading into 2025, market conditions suggest a continued balanced market with good opportunities for both buyers and sellers.

The Hawkwood real estate market has seen steady growth in November 2024, with the benchmark price reaching $674,400, marking a 2.1% year-over-year increase. The market remains competitive, with sales totaling 7 transactions, a 22% decline compared to last year. However, new listings have surged by 180%, bringing inventory up to 23 units.

Key market figures:

• Detached Homes: Benchmark price at $741,000, showing an upward trend.

• Row/Townhouses: Benchmark price at $428,700.

• Apartments: Benchmark price at $344,900.

• Months of Supply: 3.29 months, indicating a balanced market.

Community Features

Hawkwood is a well-established, family-friendly neighborhood in Northwest Calgary, known for its scenic views, abundance of green spaces, and excellent amenities. The community offers:

• Hawkwood Community Association, which hosts local events, sports programs, and recreational activities.

• Multiple parks and playgrounds, including the Hawkwood Uplands Recreation Area, perfect for outdoor activities.

• Proximity to Crowfoot Shopping Centre, featuring grocery stores, restaurants, and retail shops.

Schools

Families in Hawkwood have access to top-rated schools, including:

• Hawkwood School (K-6, public)

• St. Maria Goretti School (K-6, Catholic)

• Robert Thirsk High School (10-12, public)

• Nearby access to Tuscany and Arbour Lake schools for additional educational options.

Transportation & Accessibility

Hawkwood offers convenient transportation options:

• Crowfoot LRT Station is just minutes away, providing easy access to downtown Calgary.

• Major roadways, including Stoney Trail and Crowchild Trail, ensure quick commutes.

• Calgary Transit bus routes serve the community, connecting to key locations in the city.

Hawkwood remains a desirable neighborhood with a strong real estate market, great schools, and excellent amenities. Whether you're looking to buy or sell, the community's blend of natural beauty and accessibility makes it a prime choice for families and professionals alike.

Market Performance

The Hawkwood real estate market in October 2024 exhibited the following highlights:

• Sales: 7 homes were sold, reflecting a 30% decrease year-over-year.

• New Listings: There were 11 new listings, marking a 38% increase from October 2023.

• Inventory: Inventory increased significantly by 163% to 21 homes.

• Months of Supply: The months of supply stood at 3.00, up 275%, indicating a shift towards a buyer’s market.

• Benchmark Prices:

  • Total residential benchmark price: $679,700 (+3.3% YoY).

  • Detached homes: $747,300 (+6.0% YoY).

  • Row homes: $435,400 (+5.1% YoY).

  • Apartments: $348,400 (+3.3% YoY).

The data indicates a softening market, with inventory and months of supply increasing significantly, while benchmark prices continue to see moderate gains​.

Community Features

Hawkwood is a picturesque community in Calgary, offering a blend of suburban comfort and natural beauty. Key features include:

• Scenic Views: Situated on an elevated landscape, Hawkwood provides stunning views of the Rocky Mountains and the city skyline.

• Accessibility: Easy access to major thoroughfares like Stoney Trail and Crowchild Trail, facilitating convenient commuting.

• Amenities: A variety of nearby shopping centers, recreational facilities, and schools cater to the diverse needs of its residents.

• Parks and Outdoor Spaces: Numerous green spaces and walking trails enhance the community’s appeal, promoting an active and outdoor-oriented lifestyle.

Despite evolving market conditions, Hawkwood remains a sought-after area for families and professionals looking for a vibrant yet serene community to call home.