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McKenzie Lake Real Estate Market Report: December 2024

McKenzie Lake, a vibrant community in southeast Calgary, continues to attract families and professionals with its scenic lakefront properties, excellent schools, and nearby shopping amenities.

Sales Activity:

  • Total Residential Sales: 6 homes sold in December 2024, a year-over-year decline of 14%.

  • Inventory: Inventory increased by 50% to 8 units, providing more options for buyers.

  • Benchmark Price: The overall benchmark price rose by 7.3% to $708,000, reflecting strong buyer demand for properties in this community.

Property Types:

  • Detached Homes: The benchmark price climbed to $737,300, up 7% year-over-year.

  • Row/Townhouses: Prices increased to $418,200, a growth of 7.3% year-over-year.

  • Apartments: Limited activity; detailed data unavailable.

Community Features

Lake Access: McKenzie Lake offers exclusive lake access to residents, ideal for year-round recreation including swimming, boating, and skating in the winter months.

Shopping Amenities:

  • McKenzie Towne Centre and South Trail Crossing provide a variety of retail, dining, and grocery options within minutes of the community.

  • Major shopping hubs like Seton Urban District and 130th Avenue SE are easily accessible.

Schools:

  • Excellent educational facilities include McKenzie Lake School (K-6) and St. John Henry Newman School (K-9), both highly rated and central to the community.

Market Insights

  • Months of Supply: Increased to 1.33, indicating a shift toward a balanced market.

  • Demand Trends: Despite a slight decrease in sales, demand for detached homes remains robust due to community amenities and proximity to schools.

  • Outlook: Moderate price growth is expected to continue in early 2025, supported by steady demand and stable inventory.

Conclusion

McKenzie Lake continues to thrive as one of Calgary’s premier lake communities, combining recreational appeal, quality education, and accessibility to shopping hubs. The real estate market remains resilient, with opportunities for both buyers and sellers.

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Edgemont Real Estate Market Summary – December 2024

Market Trends

  • Total Residential Sales: 11 transactions (unchanged Y/Y).

  • New Listings: 9 new listings (29% increase Y/Y).

  • Inventory Levels: 16 active listings (7% increase Y/Y).

  • Months of Supply: 1.45 months, suggesting a seller’s market.

Detached Homes

  • December 2024:

    • Sales: 6 (unchanged Y/Y)

    • New Listings: 4 (unchanged Y/Y)

    • Inventory: 8 active listings

    • Benchmark Price: $803,300 (7% Y/Y increase)

    • Months of Supply: 1.46 months

  • Annual Summary (2024):

    • Total Sales: 120 transactions (4% decline Y/Y)

    • Total Benchmark Price: $840,033 (8% Y/Y increase)

    • Market Trend: Detached homes remained the most in-demand segment, with strong price appreciation and low months of supply throughout the year.


Semi-Detached Homes

  • December 2024:

    • Sales: 1 (unchanged Y/Y)

    • New Listings: 1 (unchanged Y/Y)

    • Inventory: 1 active listing

    • Benchmark Price: $476,300 (5% Y/Y increase)

    • Months of Supply: Stable

  • Annual Summary (2024):

    • Total Sales: 13 transactions (30% increase Y/Y)

    • Total Benchmark Price: $487,892 (11% Y/Y increase)

    • Market Trend: Semi-detached homes saw stronger price growth than expected, largely due to affordability concerns driving interest in alternatives to detached homes.


Row Homes (Townhouses)

  • December 2024:

    • Sales: 1 (unchanged Y/Y)

    • New Listings: 1 (unchanged Y/Y)

    • Inventory: 1 active listing

    • Benchmark Price: $500,700 (8% Y/Y increase)

    • Months of Supply: 1.45 months (tight market conditions)

  • Annual Summary (2024):

    • Total Sales: 23 transactions (28% increase Y/Y)

    • Total Benchmark Price: $516,475 (13% Y/Y increase)

    • Market Trend: The row home segment experienced the fastest price appreciation due to limited inventory and strong buyer demand.


Apartments (Condos)

  • December 2024:

    • Sales: 3 (down 25% Y/Y)

    • New Listings: 3 (up 50% Y/Y)

    • Inventory: 6 active listings (100% increase Y/Y)

    • Benchmark Price: $263,100 (1.2% Y/Y increase)

    • Months of Supply: 2.00 months

  • Annual Summary (2024):

    • Total Sales: 39 transactions (down 25% Y/Y)

    • Total Benchmark Price: $263,933 (20% Y/Y increase)

    • Market Trend: The apartment segment faced affordability challenges, with fewer transactions but continued price growth.

Market Insights

  • Stable sales activity compared to last year, indicating continued demand.

  • Increased inventory and new listings provide more choices for buyers.

  • Price appreciation continues across all property types, with strongest gains in row homes and detached houses.


Edgemont 2024 Annual Real Estate Summary

  1. Sales & Market Activity

    • Total 195 residential sales, a 5% decrease Y/Y.

    • 244 new listings throughout the year (1% decrease Y/Y).

    • Inventory increased by 15%, easing market pressure slightly.

  2. Price Trends

    • Annual Benchmark Price: $711,458 (4.1% increase Y/Y).

    • Median Price: $699,000 (8.4% increase Y/Y).

    • Average Price: $690,978 (8.7% increase Y/Y).

  3. Key Market Drivers

    • Strong demand for detached and row homes due to limited supply.

    • Affordability challenges affected first-time buyers in the apartment market.

    • Rising interest rates had a moderate impact but did not slow price growth significantly.


Edgemont NW 2025 Calgary Real Estate Market Outlook

  1. Continued Price Growth, but at a Slower Pace

    • Detached and row homes will likely see further price increases.

    • Apartments and semi-detached homes may stabilize due to affordability concerns.

  2. Inventory & Supply Growth

    • With a 15% increase in inventory in 2024, buyers will have more options in 2025.

    • Seller competition may increase, leading to more balanced conditions.

  3. Interest Rate & Affordability Considerations

    • Higher borrowing costs could shift demand towards lower-priced housing segments.

    • First-time buyers may be more active in the apartment and townhouse markets.

  4. Potential Market Shifts

    • Continued demand for well-located properties will sustain Edgemont’s market.

    • More balanced conditions in 2025, but still favoring sellers in certain segments.

Edgemont’s real estate market in 2024 saw steady price growth and sustained demand, despite declining sales and rising inventory. The outlook for 2025 suggests a more balanced market, but price appreciation is expected to continue at a moderate pace.

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Millrise Real Estate Market Summary – December 2024

Market Trends

  1. Detached Homes

    • Sales: 2 homes sold (unchanged from last year).

    • Inventory: 3 homes available (down 50% year-over-year).

    • Benchmark Price: $583,800 (9% increase year-over-year).

  2. Semi-Detached Homes

    • Sales: 0 homes sold (100% decrease year-over-year).

    • Inventory: 0 homes available (unchanged).

    • Benchmark Price: $547,000 (14% increase year-over-year).

  3. Row/Townhouses

    • Sales: 1 home sold (unchanged from last year).

    • Inventory: 0 homes available (unchanged).

    • Benchmark Price: $407,300 (12% increase year-over-year).

  4. Apartments

    • Sales: 0 units sold (100% decrease year-over-year).

    • Inventory: 5 units available (down 75% year-over-year).

    • Benchmark Price: $342,100 (8% increase year-over-year).

Overall Market Performance for December 2024

  • Total Sales: 3 (down 70% year-over-year).

  • New Listings: 2 (down 67% year-over-year).

  • Total Inventory: 9 properties (up 350% year-over-year).

  • Benchmark Price (All Property Types): $462,400 (9.2% increase year-over-year).

  • Months of Supply: 3.00 months (shift towards a balanced market).


2024 Annual Real Estate Summary

  • Total Sales in 2024: 125 homes sold (26% decrease from 2023).

  • Total New Listings: 148 (20% decrease year-over-year).

  • Total Inventory: Increased by 39% throughout the year.

  • Overall Benchmark Price: $459,325 (12.1% increase year-over-year).

  • Average Days on Market: 17 days.

Key Market Trends in 2024

  • Price Growth Despite Lower Sales: Benchmark prices rose across all property types, indicating strong demand despite declining sales volume.

  • Shift Towards a More Balanced Market: Increased inventory and slower sales reduced the intense seller’s market conditions seen in previous years.

  • Apartment Market Fluctuations: Apartment prices grew steadily, but sales volume varied significantly month to month.

  • Rising Interest Rates Affecting Buyer Activity: Higher borrowing costs likely contributed to reduced sales, as buyers became more cautious.

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Hawkwood Real Estate Market Summary – December 2024

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.

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Royal Oak Real Estate Market Summary – December 2024

Market Trends:

  • The benchmark price for total residential properties in Royal Oak reached $611,900, a 2.3% increase year-over-year.

  • Detached homes had a benchmark price of $786,000, while row homes and apartments were priced at $491,100 and $317,800, respectively.

  • Sales activity saw a 23% decline, with 10 homes sold in December.

  • New listings dropped by 38% to 8 properties, leading to limited supply in the market.

  • Inventory levels increased by 91% compared to last year, with 21 active listings.

  • Months of supply stood at 2.10, indicating a market slightly favoring sellers but trending towards balance.


Annual Summary – Royal Oak 2024

Market Performance:

  • Total sales for the year were 196, a slight 3% decline compared to 2023.

  • New listings increased by 13%, with 274 properties listed throughout the year.

  • The benchmark price for all residential properties rose to $630,475, marking a 7.7% annual increase.

  • The average price climbed 13.9% to $609,191, reflecting strong demand and price appreciation.

  • The median price also saw significant growth, rising 30.2% to $657,350.

Key Market Observations:

  • Despite higher prices, sales volume remained stable, with minor fluctuations throughout the year.

  • Inventory levels increased by 52%, providing more options for buyers.

  • The sales-to-new-listings (S/NL) ratio was 0.72, indicating a more balanced market compared to previous years.

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Silverado Real Estate Market Summary – December 2024

The Silverado real estate market in December 2024 remained strong despite seasonal slowdowns, with continued price appreciation and high demand across all property types. Silverado has maintained its seller’s market conditions, driven by low inventory and steady buyer interest.

  • Sales: Increased by 92% year-over-year

  • New Listings: Rose by 83% year-over-year

  • Benchmark Price: $589,400 (up 6.8% YoY)

  • Months of Supply: 1.65 months (indicating strong demand)

Even with winter slowing overall market activity, Silverado’s limited supply kept prices stable and competitive.


Market Trends

1. Detached Homes

  • Sales: 14 (up 85% YoY)

  • New Listings: 12 (up 75% YoY)

  • Benchmark Price: $655,700 (up 16% YoY)

  • Months of Supply: 1.10 months

Detached homes in Silverado continued to be highly sought after, with prices rising significantly over the past year. Limited supply and high buyer demand have pushed prices up by 16%, making this segment the most competitive.

2. Semi-Detached Homes (Duplexes)

  • Sales: 1 (low activity due to limited inventory)

  • New Listings: 1 (unchanged YoY)

  • Benchmark Price: $640,100 (up 14% YoY)

  • Months of Supply: Not available

Sales activity in this segment remains low due to a lack of available homes. However, prices have increased by 14%, indicating strong demand whenever properties do become available.

3. Row Homes / Townhouses

  • Sales: 5 (up 66% YoY)

  • New Listings: 6 (up 50% YoY)

  • Benchmark Price: $490,800 (up 7% YoY)

  • Months of Supply: 1.45 months

Townhouses remain a popular option for first-time buyers and downsizers, offering affordable pricing with good space and amenities. The segment remains competitive, with inventory levels still below demand.

4. Apartments / Condominiums

  • Sales: 3 (steady YoY growth)

  • New Listings: 2 (down 40% YoY)

  • Benchmark Price: $380,200 (up 6% YoY)

  • Months of Supply: 1.30 months

The condo market in Silverado saw moderate growth, with low inventory contributing to price appreciation. Condos remain an affordable entry point into the community, especially for young professionals and investors.


Silverado 2024 Annual Real Estate Summary

The Silverado real estate market in 2024 experienced a highly competitive environment due to low inventory and rising buyer demand.

Key Market Highlights for 2024:

  • Sales Growth: Silverado saw an overall 95% increase in total residential sales compared to 2023.

  • Price Appreciation: The benchmark home price rose by 7.2% in 2024, reflecting consistent demand.

  • Market Conditions: Silverado remained in a seller’s market throughout the year, with inventory levels struggling to keep pace with demand.

  • Property Type Trends:

    • Detached homes saw the strongest price appreciation (16% YoY).

    • Townhouses remained highly competitive due to their affordability.

    • Condos attracted first-time buyers and investors, maintaining steady growth.


Silverado had a strong real estate market in 2024, with steady price increases and strong demand across all property types. As 2025 approaches, Silverado remains an attractive choice for buyers looking for a vibrant community with excellent amenities and investment potential.

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Somerset Real Estate Market Summary – December 2024

Market Overview

The Somerset real estate market remained stable in December 2024, with 11 total residential sales, showing no change Y/Y compared to December 2023. New listings also remained steady at 7 new properties on the market. However, inventory levels increased by 57% Y/Y, reaching 11 available homes, leading to a months-of-supply increase to 1.00.

The benchmark residential price rose by 5.3% Y/Y to $482,100, indicating continued home value appreciation despite market stabilization.

Market Trends by Property Type (December 2024)

  • Detached Homes:

    • The benchmark price was $620,900, with 5 sales (-44% Y/Y).

    • Inventory increased 200% Y/Y, reaching 3 available homes.

  • Semi-Detached Homes:

    • No sales were recorded for this segment.

    • Inventory and months of supply remained at zero.

  • Row/Townhomes:

    • No sales were recorded.

    • Inventory remained unchanged.

  • Apartments:

    • Sales doubled (+200% Y/Y) with 6 units sold.

    • The benchmark price increased 5.3% Y/Y to $314,900.

    • Inventory decreased by 33% Y/Y, with 7 available units.


2024 Annual Real Estate Summary

Somerset's real estate market in 2024 experienced a decline in total sales (-15% Y/Y), with 171 properties sold. However, home prices appreciated significantly, with the total residential benchmark price rising 9.0% Y/Y to $486,825.

  • Detached homes saw 84 sales (-6% Y/Y), with the benchmark price increasing 7.7% Y/Y to $620,900.

  • Semi-detached homes recorded only 1 sale (-67% Y/Y), indicating very low activity in this segment.

  • Row/townhomes had 10 sales (-29% Y/Y), with prices rising 11.8% Y/Y to $404,200.

  • Apartments had 76 sales (-19% Y/Y) but continued to see price growth of 7.4% Y/Y, reaching $314,900.

The months of supply averaged 1.23 for the year, indicating that demand remained strong, even as inventory levels increased by 28% Y/Y.

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Evergreen Real Estate Market Summary – December 2024

Evergreen experienced strong price growth across all property types in December 2024, with sales increasing by 36% year-over-year. Inventory levels have risen, but demand remains high, leading to continued upward pressure on prices.

Market Trends

  • Sales Activity: A total of 15 residential sales were recorded in Evergreen, reflecting a 36% year-over-year increase.

  • New Listings: 14 new properties were listed in December, a 27% rise compared to the previous year.

  • Inventory Levels: The number of available homes increased to 26, showing a 20% annual increase.

  • Months of Supply: The market had 1.73 months of supply, indicating a 9% increase over the previous year.


Detached Homes

  • Sales: 9 units sold (80% increase Y/Y)

  • New Listings: 10 new listings (100% increase Y/Y)

  • Inventory: 19 active listings

  • Benchmark Price: $749,000 (12% Y/Y increase)

  • Months of Supply: 2.00 months

  • Market Trend: The detached segment remains strong, with a notable price appreciation of 12% compared to the previous year. The increase in new listings has been met with high buyer demand, resulting in low months of supply.


Semi-Detached Homes

  • Sales: 0 units sold (No recorded sales this month)

  • New Listings: 0

  • Inventory: 1 active listing

  • Benchmark Price: $546,500 (6% Y/Y increase)

  • Months of Supply: Not applicable (no sales)

  • Market Trend: The semi-detached market remains relatively quiet, with limited inventory and demand. Prices continue to appreciate despite fewer transactions.


Row Homes (Townhouses)

  • Sales: 3 units sold (0% Y/Y change)

  • New Listings: 1 (67% decrease Y/Y)

  • Inventory: 0 active listings (indicating high demand)

  • Benchmark Price: $425,600 (9% Y/Y increase)

  • Months of Supply: Low, at 1.45 months

  • Market Trend: The townhouse market remains highly competitive, with inventory being absorbed quickly. Limited new listings are contributing to rising prices.


Apartments (Condos)

  • Sales: 3 units sold (No change Y/Y)

  • New Listings: 3 (No change Y/Y)

  • Inventory: 6 active listings (56% increase Y/Y)

  • Benchmark Price: $340,200 (9% Y/Y increase)

  • Months of Supply: 1.73 months

  • Market Trend: The apartment market has seen an increase in inventory, but demand remains steady. Prices continue to trend upward, benefiting sellers.


Overall Market Trend

  • Total Residential Sales: 15 transactions (36% increase Y/Y)

  • Total Benchmark Price: $613,800 (7.7% increase Y/Y)

  • Total Months of Supply: 1.73 months (9% increase Y/Y)

  • Inventory Growth: 20% higher than last year

The detached and townhouse markets continue to drive price growth, while the apartment segment remains stable. The semi-detached segment has seen minimal activity. With relatively low months of supply, Evergreen remains a seller’s market, particularly for row homes and detached houses. Overall, the Evergreen real estate market in December 2024 reflected steady price growth and sustained demand, despite increasing inventory levels.

Evergreen remains a sought-after community due to its proximity to natural parks, excellent schools, and strong neighborhood amenities. The area continues to attract families and professionals due to its balanced mix of affordable apartments, townhomes, and high-value detached homes. Easy access to public transit and major roadways enhances its desirability.

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Rangeview SE Real Estate Market Summary – December 2024

Market Overview

  • Sales: The community recorded 6 residential sales, reflecting a 200% year-over-year increase.

  • New Listings: There were 9 new listings, up by 50% year-over-year.

  • Benchmark Price: The total residential benchmark price was $654,950, showing an 8.1% decrease from the previous year.

  • Inventory: Inventory levels stood at 23 units, a 156% increase year-over-year.

  • Months of Supply: At 3.83 months, supply was stable, indicating a balanced market.

  • Property Types: Detached homes dominated sales, with a benchmark price of $649,900, while semi-detached homes saw growth with a benchmark of $695,000.

Community Development

Rangeview continues to thrive as a vibrant, family-oriented community in southeast Calgary. The area is part of Calgary's master-planned neighborhoods, emphasizing sustainability and connectivity. The community boasts extensive green spaces, parks, and pathways, promoting outdoor activities and active lifestyles.

Shopping and Amenities

Rangeview benefits from proximity to major retail hubs:

  • Seton Urban District: Located nearby, it provides residents with access to grocery stores, restaurants, and boutique shopping.

  • Mahogany Village Market: A convenient option for everyday essentials and dining.

  • South Health Campus: Not only a medical facility but also a hub for wellness and lifestyle services.

The neighborhood is poised for future growth with plans for additional commercial developments and enhanced public amenities.

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Cranston Real Estate Market Summary – December 2024

Market Trends

The Cranston real estate market in December 2024 experienced steady growth across all property types. Key highlights include:

  • Detached Homes: The benchmark price reached $757,700, reflecting a 6.8% year-over-year (Y/Y) increase.

  • Semi-Detached Homes: The benchmark price rose to $519,400, marking a 10.7% Y/Y increase.

  • Row/Townhouses: Prices for row homes increased to $459,900, up 6.2% Y/Y.

  • Apartments: The benchmark price for apartments climbed 7.2% Y/Y, reaching $361,900.

Inventory & Sales:

  • Total Residential Sales: 25 sales, up 56% from December 2023.

  • New Listings: 18 new listings, representing a 38% increase Y/Y.

  • Active Inventory: 31 active listings, up 50% Y/Y.

  • Months of Supply: 1.24, indicating a seller's market with strong demand.

2024 Annual Market Summary

The year 2024 was marked by a 7.5% increase in overall residential prices, with a total of 510 sales, reflecting a 4% decline compared to 2023. Other key metrics include:

  • New Listings: 638, a 3% increase from 2023.

  • Inventory: 47 active listings on average, down 8% from the previous year.

  • Median Price: Increased 7.8% Y/Y to $587,500.

  • Average Price: Rose 6.7% Y/Y to $629,375.

Cranston remained a strong market in 2024, with steady price growth and a seller-favored environment due to low months of supply and strong demand​.


Community Features

Schools

Cranston offers access to quality educational institutions, including:

  • Cranston School (Public)

  • Dr. George Stanley School (Middle School)

  • Christ the King School (Catholic)

  • Joane Cardinal-Schubert High School (Nearby)

Transportation

  • Highway Access: Convenient access to Deerfoot Trail & Stoney Trail, making commuting easy.

  • Public Transit: Calgary Transit routes connect residents to the Seton YMCA, South Health Campus, and LRT stations.

Shopping & Amenities

  • Seton Urban District: Includes grocery stores, restaurants, and entertainment.

  • Cranston Market: Offers everyday essentials, banking, and dining options.

  • South Health Campus: Provides top-tier healthcare facilities.

Parks & Recreation

  • Bow River Pathways: Walking and biking trails with scenic views.

  • Fish Creek Park: One of Calgary’s largest natural parks, adjacent to Cranston.

  • Cranston Residents’ Association: Offers community programs, an ice rink, and sports facilities.


Cranston continued to be a desirable residential area in 2024, with strong price appreciation, low inventory, and high demand. Families and professionals benefit from excellent schools, nearby amenities, and great connectivity. As we enter 2025, the market is expected to remain competitive, particularly in the detached and semi-detached segments.

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Dalhousie Real Estate Market Summary – December 2024

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.

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Calgary Hamptons Real Estate Market Summary – December 2024

Market Overview

The Hamptons community in Calgary maintained a balanced market in December 2024, with stable pricing and moderate activity in residential real estate. Despite a limited number of new listings, home prices remained strong, reflecting the neighborhood's desirability.

Key Market Statistics

  • Sales: 5 total residential sales (unchanged from the previous year).

  • New Listings: 3 new listings (down 25% year-over-year).

  • Inventory: 6 active listings (down 14% year-over-year).

  • Benchmark Prices:

    • Detached Homes: $916,000 (unchanged YoY)

    • Semi-Detached Homes: N/A

    • Row Homes: $491,200 (+6.9% YoY)

    • Apartments: N/A

    • Total Residential: $858,000 (+4.4% YoY)

  • Months of Supply: 1.20 months, indicating a seller’s market.

Community Features

The Hamptons is a prestigious Northwest Calgary neighborhood known for family-friendly amenities, green spaces, and recreational opportunities. Some highlights include:

  • The Hamptons Golf Club – A premier 18-hole golf course with a clubhouse and dining facilities.

  • Parks & Pathways – Extensive walking and biking trails, including Hamptons Park.

  • Shopping & Dining – Nearby amenities such as Beacon Hill Shopping Centre and Creekside Shopping Plaza.

  • Community Association – Active programs and events fostering a strong sense of community.

Schools in the Hamptons

Hamptons residents have access to top-rated schools, including:

  • Hamptons School (K-4) – A strong academic public elementary school.

  • Terry Fox School (Grades 5-9) – Serving middle school students with excellent programs.

  • Sir Winston Churchill High School – A top-ranking high school with an IB program.

  • Nearby Private & Catholic Schools – Options include Calgary French & International School and St. Francis High School.

LRT & Transportation

While the Hamptons does not have a direct LRT station, residents benefit from efficient bus routes and road connectivity:

  • Express Bus Routes – Direct service to downtown and key employment hubs.

  • Stoney Trail & Shaganappi Trail – Major roadways allowing quick access across Calgary.

  • Crowfoot LRT Station – The closest C-Train station, offering seamless access to the downtown core.

Outlook for 2025

The Hamptons is expected to remain a high-demand neighborhood in 2025, driven by its luxury homes, strong community feel, and top-tier schools. With limited new listings and strong buyer interest, home values are anticipated to see modest price appreciation.

For ongoing market updates, community developments, and school catchment changes, stay connected with local real estate boards and city planning announcements.

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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.