Market Trends

• Detached Homes:

  • Benchmark Price: $735,600 (8% YoY increase)

  • Sales: 1 (No change from last year)

  • Inventory: 5 (67% increase YoY)

  • Months of Supply: 5.00 (Balanced market)

• Semi-Detached Homes:

  • Benchmark Price: $478,300 (9% YoY increase)

  • No sales recorded

  • Inventory: 0, reflecting a continued supply constraint

• Row/Townhouses:

  • Benchmark Price: $339,200 (5% YoY increase)

  • Sales: 1 (No change from last year)

  • Inventory: 3 (50% increase YoY)

• Apartments:

  • Benchmark Price: $233,100 (3% YoY increase)

  • Sales: 4 (-20% YoY decrease)

  • Inventory: 7 (100% YoY increase)

  • Months of Supply: 1.75, showing sustained demand

• Overall Residential Market:

  • Benchmark Price: $469,400 (2.8% YoY increase)

  • Total Sales: 6 (-25% YoY decline)

  • Inventory: 16 (6% YoY decrease)

  • Months of Supply: 2.67, indicating a balanced market

2025 Real Estate Outlook for Dalhousie

• Continued Price Growth: Prices are expected to continue rising, though at a slower pace, driven by limited inventory and steady demand.

• Supply Challenges: Semi-detached homes remain in low supply, potentially driving price increases in this segment.

• Shifting Demand: Apartments and townhouses are seeing stronger demand, particularly among first-time buyers and investors.

• Market Balance Expected: With increasing inventory and slower sales, the market is shifting from a seller’s market to a balanced market, which may create better buying opportunities in the second half of the year.

• Economic & Interest Rate Impact: Interest rates and affordability concerns could moderate sales activity, particularly for higher-priced properties.

Dalhousie remains a desirable community due to its proximity to transit, shopping, and the University of Calgary. Buyers looking for affordability will likely continue targeting apartments and townhouses, while detached home sales may slow due to rising prices.

Market Trends

• Detached Homes:

  • Benchmark Price: $711,900 (12.5% YoY increase)

  • Sales: 3 (No change from last year)

  • Inventory: 2 (100% drop YoY)

  • Months of Supply: 3.67 (Moderate seller’s market)

• Semi-Detached Homes:

  • Benchmark Price: $472,400 (11.8% YoY increase)

  • No sales were recorded in December 2024

  • Inventory: 0, indicating a complete lack of supply

• Row/Townhouses:

  • Benchmark Price: $342,100 (6.4% YoY increase)

  • Sales: 1 (No change from last year)

  • Inventory: 3

• Apartments:

  • Benchmark Price: $236,600 (9.8% YoY increase)

  • Sales: 3 (-25% YoY drop)

  • Inventory: 11 (38% YoY increase)

  • Months of Supply: 1.28, showing continued demand

• Overall Residential Market:

  • Benchmark Price: $464,600 (5.0% YoY increase)

  • Total Sales: 7 (-13% YoY drop)

  • Inventory: 16 (24% YoY increase)

  • Months of Supply: 2.29, indicating a balanced market

2024 Annual Market Summary

• Total Residential Sales: 179 (-12% YoY)

• New Listings: 219 (-9% YoY)

• Overall Benchmark Price: $493,350 (+4.3% YoY)

• Months of Supply: 1.53 (8% increase from last year)

• Detached Homes Sales: 64 (-30% YoY)

• Apartment Sales: 73 (+3% YoY)

Key Market Trends in 2024

• Strong price growth across all property types, with apartments showing the highest YoY price increase (+9.8%).

• Declining sales volume, especially in detached homes (-30% YoY), indicating affordability challenges.

• Increased inventory in some segments, suggesting the market is shifting toward balance.

• Demand remained strong for apartments, leading to higher prices and lower supply.

Community Highlights

• Dalhousie continues to be a sought-after community due to its access to transit (Dalhousie C-Train), shopping centers, and proximity to the University of Calgary.

• Affordability concerns are growing, especially for detached and semi-detached homes.

• Future market stability is expected with continued demand for lower-priced housing options like apartments and townhouses.

Market Trends

• Detached Homes:

  • The benchmark price for detached homes in Dalhousie reached $725,600, marking an 11% year-over-year increase.

  • There were 3 sales, representing a 40% drop compared to last year.

  • Inventory stood at 8 units, a 22% decline from the previous year.

  • The months of supply for detached homes is 3.33, indicating a moderate seller’s market.

• Semi-Detached Homes:

  • The benchmark price was $475,000, showing a 13% annual increase.

  • No sales were recorded in November, indicating weaker demand in this segment.

  • Inventory remained at zero, suggesting low supply but also little market activity.

• Row/Townhouses:

  • The benchmark price was $346,100, increasing 9% year-over-year.

  • Sales were down by 100%, with no recorded transactions.

  • Inventory was 3 units, reflecting a 50% increase from last year.

• Apartments:

  • The benchmark price was $245,000, increasing 16% from the previous year.

  • There were 3 sales, down 63% year-over-year.

  • Inventory was 9 units, reflecting a 100% increase from the previous year.

  • The months of supply for apartments reached 3.00, indicating a balanced market.

• Overall Residential Market:

  • The total benchmark price across all property types stood at $471,200, a 5% increase from last year.

  • Total residential sales dropped 57% year-over-year, with only 6 transactions.

  • Inventory stood at 20 units, an 18% decline from the previous year.

  • The overall months of supply reached 3.33, indicating balanced to moderate seller’s market conditions.

Market Dynamics

• Inventory & Sales Decline: Despite rising property values, sales activity slowed significantly in November, particularly for detached homes and apartments.

• Strong Price Growth: Property values have increased across all segments, particularly apartments and semi-detached homes, reflecting sustained demand and limited supply.

• Supply Constraints: The reduction in active listings and sales volume suggests that buyers face limited options, contributing to higher price pressures.

Community Features

Dalhousie remains a desirable residential neighborhood due to its proximity to key amenities, including:

• Dalhousie C-Train Station, offering excellent transit access.

• Shopping & Retail: Northland Mall, Market Mall, and local shopping centers.

• Educational Institutions: Close to the University of Calgary, several top-rated schools, and childcare facilities.

• Green Spaces & Recreation: Multiple parks, walking trails, and recreational facilities, making it attractive for families and outdoor enthusiasts.

Market Trends:

• Total Residential Market:

  • Sales: 12 transactions (29% decrease year-over-year).

  • New Listings: 14 properties listed (22% decrease from October 2023).

  • Inventory: 26 active listings (15% lower than last year).

  • Benchmark Price: $477,400 (0.2% decrease year-over-year).

  • Months of Supply: 2.17 months (indicating a balanced market).

• Detached Homes:

  • Sales: 5 homes sold (no change from October 2023).

  • New Listings: 5 properties listed (17% decrease year-over-year).

  • Benchmark Price: $728,700 (11% annual increase).

  • Inventory: 13 active listings.

• Semi-Detached Homes:

  • Sales: No sales recorded.

  • New Listings: No new listings available.

  • Benchmark Price: $479,900 (14% annual increase).

  • Inventory: No active listings available.

• Row Homes:

  • Sales: 3 transactions (50% decrease year-over-year).

  • New Listings: 2 properties listed.

  • Benchmark Price: $349,400 (15% annual increase).

  • Inventory: 2 active row home listings.

• Apartments:

  • Sales: 4 apartments sold (33% decrease from October 2023).

  • New Listings: 6 units listed (33% decrease year-over-year).

  • Benchmark Price: $247,900 (17% annual increase).

  • Inventory: 11 active units.

  • Months of Supply: 2.60 months (indicating a relatively balanced market).

Schools in Dalhousie:

• Public Schools: Dalhousie School (K-6), West Dalhousie School (K-6), and Sir Winston Churchill High School.

• Catholic Schools: St. Dominic School (K-6) and St. Francis High School.

• Other Educational Facilities: Nearby access to the University of Calgary and multiple preschools and daycare centers.

LRT & Transportation:

• Dalhousie LRT Station: Provides direct access to downtown Calgary and other parts of the city via the Red Line.

• Bus Routes: Several bus routes connect Dalhousie to key locations, including Brentwood and Crowfoot.

• Major Roads: Easy access to Crowchild Trail and Shaganappi Trail enhances commuting convenience.

Community Features & Amenities:

• Recreation & Parks: Dalhousie Community Association offers programs, sports, and events for residents. Multiple parks and pathways provide outdoor recreation opportunities.

• Shopping & Dining: Close to Northland Village Mall, Market Mall, and Dalhousie Station for shopping and dining.

• Healthcare: Nearby medical clinics and easy access to Foothills Medical Centre and Alberta Children's Hospital.

Market Outlook:

• Demand for detached homes remains strong, contributing to rising prices.

• The semi-detached market remains limited in availability, leading to a seller-favored segment.

• Row homes and apartments are experiencing mixed trends, with steady price increases but declining sales.

• Improved inventory levels could lead to more balanced conditions in the coming months.

Dalhousie remains a desirable community with its blend of housing options, excellent schools, LRT access, and strong amenities, making it an attractive choice for buyers and investors.

Spacious, vaulted entry 2 storey attached duplex, 1539.2 sq.ft., close to LRT station, shopping centre, school. 2016 Hot water tank, 2014 roof, 2008 furnace. BIG dinning area, living room on main floor. HUGE master bedroom with sink & walk in closet. WOOD BURNING BRICK & STUCCO FIREPLACE keep you warm in winter, 22 X 15' oversized single garage, poured concrete patio for summer family time together. SELLER IS MOTIVATED!

WALKING distance to Dalhousie LRT station. Sir Winston Churchill High School! Home is move in ready with 2016 kitchen cabinet, loads of cupboard space. UPGRADES include 2015 vinyl windows, 2014 furnace, doors, light fixtures and outlets. Beautiful starter home in a fantastic location in the desired community of Dalhousie. Located on a quiet street and backs onto green space. Very functional layout with 2 bedrooms up, 2 bedrooms down and a full bath on each level. Large basement windows make this very useable space. Can easily change to LIVE UP, RENT DOWN.

Located in the desirable community of Dalhousie is this lovely 4 bedroom semi-detached bi-level that is in amazing condition and has been lovingly maintained over the years. R-C2 zoning provides exceptional opportunity for the first-time home buyer, or investors. 2 sizeable bedrooms are on the upper level featuring the large kitchen with plenty of counter space, white cabinetry, and a large dining nook overlooking the sunny Southwest facing balcony. Adjacent to the kitchen is the family room with tastefully selected hardwood flooring and neutral décor. Completing this spacious and bright floorplan is a 4pc bathroom and upgrade lighting fixtures. 2 more bedrooms and another full bath are downstairs that allows an abundance of natural lighting through the large transitional windows. This level can easily be transformed into revenue generating lower living quarters with plenty of room to add a kitchen and dining nook beside the family room with wood burning fireplace. The professionally influenced designed private outdoor space is fully fenced, landscaped and is ideal for entertaining on those hot summer evenings. Additional storage is available in the shed and single car garage…you can park your second vehicle or small RV in the enclosed parking pad. This home is ideally positioned in the community and is a close walk to the LRT, shopping, prestigious schools, restaurants, coffee shops, and quick and easy access to the U of C, Foothills, and Children’s hospitals. New energy efficient windows were installed in 2006 and the roof was resurfaced in 2010.

An excellent location in Dalton Mews! Ideally located 2 storey end unit townhouse in Dalton Mews at an Affordable price. Perfectly situated in Dalhousie. Walking distance to the C-Train, shopping, schools and recreation. Close to University, Foothills & Children's Hospitals. Newer roof, newer windows and exterior painting have been done in past couple of years. Interior is also freshly painted. Upper level features three bedrooms and main 4 piece bath. Main floor living room, dining room and kitchen have ample living spaces. Basement is partly finished and could have numerous uses. Fenced west front yard has a nice patio area. Comes with one assigned parking space with plug in. These units don't come up often and do not stay on the market long...act quickly.

WALKING distance to Dalhousie LRT station. Home is move in ready with newer maple kitchen with loads of cupboard space and newer backsplash. UPGRADES include 2016 ROOF, newer triple pane crank windows, newer doors, NEW PAINT, light fixtures and outlets, updated main bath, newer furnace and replaced torch on roof and facia and gutters a few years back. There is a kitchen stove switch setup in the basement for renting. Beautiful starter home in a fantastic location in the desired community of Dalhousie. Located on a quiet street and backs onto green space. Very functional layout with 2 bedrooms up, 2 bedrooms down and a full bath on each level. Large basement windows make this very useable space, there is a kitchen setup for separated renting. Large treed back yard with new fence, an shed for your garden tools and a fantastic garden. CAN SELL WITH THE OTHER SIDE OF DUPLEX.

First time home buyer or investor ALERT! Walking distance to Dalhousie LRT, bus stop, shopping & short drive to U of C. This original 2-storey home shows very clean. There is a big living room on main floor with dinning area and breakfast area in the spacious kitchen. Laundry room is on main floor. Upper level you will find big size master bedroom which has access to 4 pc common bath, 2 other bedrooms and a corner kids study area. Call for a viewing before it is gone. Welcome home!

Beautiful starter home in a fantastic location in the desired community of Dalhousie. Located on a quiet street and backs onto green space. Home is move in ready with a new maple kitchen with loads of cupboard space and new backsplash. Other upgrades include new triple pane crank windows, new doors, paint, light fixtures and outlets, updated main bath, newer furnace and replaced torch on roof and facia and gutters a few years back. Very functional layout with 2 bedrooms up, 2 bedrooms down and a full bath on each level. Large basement windows make this very useable space. Large treed back yard with newer fence, an 8 by 10 shed for your garden tools and a fantastic garden. Location is excellent and is just minutes away from the Dalhousie LRT, Dalhousie Station, schools, shopping, playground and tennis courts.