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Calgary Real Estate Market Summary: New Brighton (November 2024)

Market Overview

In November 2024, the New Brighton real estate market showed significant activity and resilience:

  • Sales: There were 19 total residential sales, marking a 58% year-over-year (Y/Y) increase.

  • Inventory: The community had 26 active listings, reflecting a 117% Y/Y rise.

  • Benchmark Prices:

    • Detached homes: $670,400 (+15% Y/Y)

    • Semi-detached: $580,800 (+7.3% Y/Y)

    • Row homes: $449,200 (+7.3% Y/Y)

    • Apartments: $359,500 (+5.4% Y/Y)

  • New Listings: 16 new properties were listed in November, representing a 100% Y/Y increase.

  • Months of Supply: Supply levels increased to 1.37 months, indicating a moderately balanced market.

Shopping and Community Features

New Brighton is celebrated for its community-focused amenities and convenient shopping options:

  • Local Retail: The area is home to several local shops and cafes, providing residents with easy access to everyday essentials and dining options.

  • Nearby Amenities: New Brighton residents benefit from proximity to major retail hubs like 130th Avenue SE, featuring grocery stores, boutiques, and big-box retailers.

  • Recreational Facilities: The New Brighton Club offers a range of activities, including skating rinks, tennis courts, and fitness classes, enhancing the community's lifestyle appeal.

This combination of market activity and lifestyle amenities makes New Brighton an attractive choice for families, first-time buyers, and investors.

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Calgary Real Estate Market Summary - Copperfield (November 2024)

Market Overview:
In Copperfield, November 2024 exhibited steady real estate activity with total residential sales at 25 transactions, marking a 14% decline year-over-year. The benchmark price for all residential properties was $525,500, reflecting a 4% annual increase. Inventory levels stood at 30 units, leading to a months-of-supply ratio of 1.20, indicative of a balanced market with slight seller advantages.

  • Detached Homes: The benchmark price reached $646,600, showing a 13.8% annual increase.

  • Row Housing: With a benchmark price of $440,800, this segment observed a 5.8% growth year-over-year.

  • Apartments: Valued at $352,500, the apartment market grew by 4%.

Community Features:
Copperfield's strategic location near both Deerfoot Trail and Stoney Trail enhances connectivity for residents, making it a desirable area for commuters. The community boasts numerous amenities, including green spaces, playgrounds, and local shopping centers, offering both convenience and lifestyle appeal. Proximity to major highways further connects residents to larger commercial hubs and the rest of Calgary, adding to Copperfield's livability and investment potential.

If you'd like further information or customized insights, feel free to ask!

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McKenzie Towne Real Estate Market Summary - November 2024

Market Overview:
In November 2024, McKenzie Towne's real estate market showcased notable trends across various property types. The benchmark price for total residential properties stood at $496,100, marking a 4.3% year-over-year increase. Sales totaled 28 transactions, reflecting a slight decline of 3% compared to last year. Inventory levels were at 34 units, resulting in a months-of-supply ratio of 1.21, indicating a balanced market leaning towards sellers.

  • Detached Homes: The benchmark price rose to $639,000, up by 3.4% year-over-year.

  • Semi-Detached Homes: The benchmark price reached $478,800, showing an 8% increase.

  • Row Housing: These units saw a price of $428,000, with a notable 7.9% yearly growth.

  • Apartments: The benchmark price was $340,400, reflecting a 6.8% year-over-year rise.

Community Features and Shopping:
McKenzie Towne remains a vibrant community with its pedestrian-friendly design and ample amenities. Its commercial district, High Street, offers a mix of boutique shops, restaurants, and essential services, making it a central hub for residents. Additionally, larger retail outlets and grocery stores in the area cater to the daily needs of the community, enhancing its appeal as a family-friendly neighborhood.

If you need further details or customized insights, let me know!

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Panorama Hills Real Estate Market Summary – November 2024

Market Trends

  • Total Residential Sales: 20 transactions (29% decrease Y/Y).

  • New Listings: 33 new listings (14% increase Y/Y).

  • Inventory Levels: 73 active listings (61% increase Y/Y).

  • Months of Supply: 3.65 months, indicating a shift towards a balanced market.

  • Price Trends by Property Type:

    • Detached Homes: $764,300 (4.1% Y/Y increase).

    • Semi-Detached Homes: $556,000 (6.2% Y/Y increase).

    • Row Homes (Townhouses): $412,800 (4.0% Y/Y increase).

    • Apartments (Condos): $315,200 (2.5% Y/Y increase).

    • Total Residential Benchmark Price: $550,500 (13.8% Y/Y increase).

Market Insights

  • Sales declined, possibly due to seasonal effects and affordability constraints.

  • Inventory levels increased significantly, leading to less competition among buyers.

  • Prices continued rising, especially for detached and semi-detached homes.


Schools & Education in Panorama Hills

Panorama Hills is a family-oriented neighborhood with access to highly-rated schools.

Public Schools

  1. Panorama Hills School (K-4)

    • Strong academic programs with a focus on early childhood education.

  2. Captain Nichola Goddard School (5-9)

    • Advanced academic curriculum and leadership development programs.

  3. John G. Diefenbaker High School (10-12)

    • Offers International Baccalaureate (IB) and Advanced Placement (AP) programs.

Catholic & Private Schools

  • St. Jerome School (K-6, Catholic) – Emphasis on faith-based learning and strong academics.

  • Notre Dame High School (10-12, Catholic) – Offers AP programs and career-focused courses.


Shopping Centers & Community Amenities

Panorama Hills offers convenient access to major shopping centers and a variety of amenities:

  1. Country Hills Town Centre

    • Grocery stores, restaurants, banking, and essential services.

  2. Evanston Towne Centre

    • Boutiques, cafes, and specialty retail stores.

  3. Vivo for Healthier Generations

    • A community recreation center with fitness facilities, swimming pools, and child programs.

  4. Panorama Hills Community Centre

    • Features parks, pathways, and community-organized events.


The Panorama Hills real estate market in November 2024 saw rising inventory and slower sales, shifting towards balanced conditions. Detached and semi-detached homes continue to experience strong price growth, while townhouses and apartments remain affordable alternatives. The community’s excellent schools and access to shopping centers make it a top choice for families.

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Signal Hill Real Estate Market Summary – November 2024

Market Trends

  • Total Residential Sales: 19 transactions (73% increase Y/Y).

  • New Listings: 16 new listings (16% decrease Y/Y).

  • Inventory Levels: 27 active listings (117% increase Y/Y).

  • Months of Supply: 1.42 months, indicating a seller’s market.

  • Price Trends:

    • Detached Homes: $890,500 (10.2% Y/Y increase).

    • Row Homes (Townhouses): $459,400 (3.8% Y/Y increase).

    • Apartments (Condos): $369,300 (2.8% Y/Y increase).

    • Total Residential Benchmark Price: $652,200 (15.8% increase Y/Y).

Market Insights

  • Strong sales growth despite lower new listings, indicating high demand.

  • Inventory levels have risen, but demand continues to outpace supply.

  • Price appreciation remains steady, especially for detached homes.


School & Community Features in Signal Hill

Signal Hill is a highly desirable community known for its excellent schools, family-friendly atmosphere, and convenient amenities.

Public Schools

  1. Battalion Park School (K-6)

    • Highly rated for strong academic programs and active parent involvement.

  2. A.E. Cross School (7-9)

    • Focuses on leadership, athletics, and academic excellence.

  3. Ernest Manning High School (10-12)

    • One of Calgary’s top high schools, offering AP and Honours Programs.

Catholic & Private Schools

  • Holy Name School (K-6, Catholic) – French Immersion and faith-based learning.

  • St. Gregory School (7-9, Catholic) – Strong academic and extracurricular programs.

  • Rundle College (K-12, Private) – Focus on personalized learning and leadership development.

Community Highlights

  • Westhills Shopping Centre: Offers retail, dining, and entertainment options.

  • Parks & Recreation: Signal Hill Park and pathways provide excellent outdoor spaces.

  • Convenient Access: Close proximity to downtown Calgary, ideal for professionals.


Signal Hill’s real estate market in November 2024 remained strong, with rising prices and high demand. The community’s excellent schools and convenient location continue to attract families and professionals. Looking ahead, 2025 is expected to bring steady price growth, with a potential shift toward a balanced market as inventory rises.

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Springbank Hill Real Estate Market Summary – November 2024

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

  1. Griffith Woods School (K-9)

    • Highly rated school with strong academic programs.

    • Emphasis on STEM and extracurricular activities.

  2. 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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Chaparral Real Estate Market Summary – November 2024

The Chaparral real estate market in November 2024 experienced moderate price growth, with an 11.1% year-over-year (Y/Y) increase in total residential benchmark price, reaching $661,500. Sales activity declined by 38% Y/Y, with 10 total residential sales, while inventory increased by 54% to 20 active listings. The sales-to-new-listings ratio stood at 0.63, indicating a balanced market but with a trend towards more supply.

The months of supply rose to 2.00 months, suggesting a more favorable environment for buyers compared to previous months.

Market Trends:

  • Detached Homes

    • Benchmark Price: $734,300 (+9% Y/Y)

    • Sales: 10 (-23% Y/Y)

    • Inventory: 11 active listings

    • Months of Supply: 1.40 months (up Y/Y)

    • Detached homes continue to dominate the market, showing steady price appreciation despite a sales slowdown.

  • Semi-Detached Homes

    • Benchmark Price: $599,000 (+10% Y/Y)

    • Sales: 0 (No recorded transactions)

    • Inventory: 0

    • Months of Supply: N/A

    • No recorded sales for semi-detached properties in November 2024, indicating low demand or limited supply.

  • Row Homes

    • Benchmark Price: $488,800 (+6% Y/Y)

    • Sales: 0 (No recorded transactions)

    • Inventory: 3 listings

    • Months of Supply: 2.00 months

    • Row home sales were stagnant, but inventory levels suggest potential future interest.

  • Apartments

    • Benchmark Price: $335,200 (+5% Y/Y)

    • Sales: 0 (-100% Y/Y)

    • Inventory: 2 listings

    • Months of Supply: N/A

    • Apartment sales saw a sharp decline, indicating low buyer interest in this segment.

Community Features & Demand Factors

  • Strong appeal for families: Chaparral remains a popular choice for families due to lake access, recreational facilities, parks, and proximity to schools.

  • Stable detached home market: Despite a decline in sales, detached home prices continued to rise, reflecting strong demand for larger properties.

  • Increasing inventory: More listings suggest a cooling market, giving buyers more options.

  • Affordability shifts: The strongest price growth was in the detached and semi-detached markets, while apartments and row homes showed limited activity.

Outlook

  • Chaparral remains a seller’s market for detached homes due to limited supply, while increasing inventory levels could lead to a more balanced market in early 2025.

  • The lack of sales in apartments and row homes indicates buyer preference for larger homes, a trend consistent with suburban demand.

  • Higher inventory and rising months of supply suggest that home price growth may stabilize in the coming months, offering more opportunities for buyers.

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Legacy Real Estate Market Summary – November 2024

The Legacy real estate market in November 2024 experienced a moderate slowdown in sales but continued price appreciation. The benchmark price for total residential properties reached $986,700, reflecting an 8.1% year-over-year (Y/Y) increase.

Key Market Statistics:

  • Sales: 22 transactions (-12% Y/Y)

  • New Listings: 26 listings (-19% Y/Y)

  • Inventory: 57 active listings (+4% Y/Y)

  • Months of Supply: 2.59 months, indicating balanced market conditions.

  • Sales-to-New Listings Ratio (S/NL): 0.85, suggesting strong buyer demand.

  • Median Price: $573,500 (+6.7% Y/Y)

  • Average Price: $562,203 (+18.2% Y/Y)

Property Type Breakdown:

  • Detached Homes: $1,043,700 benchmark price (+12% Y/Y)

  • Row/Townhouses: $426,000 benchmark price (+8.1% Y/Y)

  • Apartments: $338,100 benchmark price (+5.5% Y/Y)

  • Semi-Detached: No sales recorded this month.

Market Trends

1. Slower Sales Activity

  • Sales were down 12% Y/Y, reflecting seasonal cooling and market adjustments.

  • Fewer new listings, down 19% Y/Y, led to tighter inventory conditions.

2. Steady Price Appreciation

  • The benchmark price rose by 8.1% Y/Y, highlighting continued demand.

  • Detached homes saw the largest price increase, exceeding $1 million.

3. Balanced Market Conditions

  • Months of supply increased to 2.59, suggesting a shift towards a more balanced market.

  • Despite lower sales, home prices continue to rise, supported by sustained buyer interest.

Community Features

Legacy is a modern, master-planned community in Southeast Calgary, known for its green spaces, family-friendly amenities, and convenient access to services.

  • Parks & Outdoor Spaces: Legacy boasts over 300 acres of natural reserve, walking trails, and multiple playgrounds.

  • Shopping & Dining: Home to Legacy Village and close to Seton Urban District, offering retail stores, restaurants, and grocery shops.

  • Recreation: Proximity to Blue Devil Golf Course, the Bow River pathways, and South Fish Creek Park.

Transportation & Accessibility

Legacy offers convenient transportation options with easy access to major roadways and public transit.

  • Road Access: Located near Stoney Trail and Macleod Trail, providing quick connections to downtown Calgary.

  • Public Transit: Calgary Transit bus routes connect Legacy to nearby LRT stations.

  • Future LRT Expansion: Planned extensions to the Green Line LRT will improve transit access for residents.

Legacy’s real estate market in November 2024 showed strong price growth and a balanced supply, despite a seasonal slowdown in sales. With rising home values, excellent community amenities, and strong connectivity, Legacy remains a highly desirable neighborhood for homebuyers.

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Edgemont Real Estate Market Summary – November 2024

Market Trends

  • Total Residential Sales: 14 homes sold (40% increase Y/Y).

  • New Listings: 14 new listings (8% increase Y/Y).

  • Inventory Levels: 25 active listings (19% increase Y/Y).

  • Months of Supply: 1.79 months, indicating a strong seller’s market.

  • Price Trends:

    • Detached Homes: $830,500 (6.3% Y/Y increase).

    • Semi-Detached Homes: $484,000 (19% Y/Y increase).

    • Row Homes (Townhouses): $505,700 (7% Y/Y increase).

    • Apartments (Condos): $276,000 (8.3% Y/Y increase).

    • Total Residential Benchmark Price: $695,300 (3.4% Y/Y increase).

Market Insights

  • Strong sales growth suggests continued buyer demand despite rising inventory.

  • Price appreciation across all property types, with semi-detached homes leading the gains.

  • New listings are increasing, providing more options for buyers, but demand remains high.

School Features in Edgemont

Edgemont is well-known for its highly-rated schools, making it a top choice for families. Some key schools include:

Public Schools

  1. Edgemont School (K-5) – Offers a strong academic program and a focus on literacy and mathematics.

  2. Tom Baines School (6-9) – A top-ranked middle school with advanced placement options and sports programs.

  3. Sir Winston Churchill High School (10-12) – Offers International Baccalaureate (IB) and Advanced Placement (AP) programs, attracting students seeking academic excellence.

Catholic Schools

  1. Mother Mary Greene School (K-6) – Provides faith-based education and strong academic performance.

  2. St. Jean Brebeuf (7-9) – A well-regarded junior high school with a focus on leadership and academics.

Additional Features

  • Access to numerous after-school programs, music, and sports activities.

  • Proximity to public libraries, parks, and learning centers, making Edgemont a highly desirable community for families.

The Edgemont real estate market in November 2024 remained strong, with rising prices and increasing demand. The school district continues to be a major draw for families, reinforcing the neighborhood’s appeal.

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Millrise Real Estate Market Summary – November 2024

Market Trends:

  1. Detached Homes

    • Sales: 3 homes sold (down 25% year-over-year).

    • Inventory: 4 homes available (unchanged year-over-year).

    • Benchmark Price: $590,200 (10% increase year-over-year).

  2. Semi-Detached Homes

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

    • Inventory: 0 homes available (unchanged).

    • Benchmark Price: $552,300 (11% increase year-over-year).

  3. Row/Townhouses

    • Sales: 1 home sold (67% decrease year-over-year).

    • Inventory: 2 homes available (down 33% year-over-year).

    • Benchmark Price: $404,000 (12% increase year-over-year).

  4. Apartments

    • Sales: 1 unit sold (down 80% year-over-year).

    • Inventory: 5 units available (unchanged year-over-year).

    • Benchmark Price: $339,600 (9.6% increase year-over-year).

Overall Market Performance

  • Total Sales: 5 homes sold (down 58% year-over-year).

  • New Listings: 9 (down 25% year-over-year).

  • Total Inventory: 10 properties (up 67% year-over-year).

  • Benchmark Price (All Property Types): $464,100 (9.6% increase year-over-year).

  • Months of Supply: 2.00 months (trending toward a balanced market).


Community Features in Millrise

  • Schools:
    Millrise is well-served by Our Lady of Peace School and Fish Creek School, offering both Catholic and public education options. Nearby high schools include Centennial High School and Dr. E.P. Scarlett High School.

  • Transportation:
    The community has easy access to MacLeod Trail and Stoney Trail, making commuting convenient. Millrise LRT Station provides quick access to downtown Calgary.

  • Shopping & Amenities:

    • Millrise Plaza offers grocery stores, restaurants, and local businesses.

    • Shawnessy Shopping Centre is nearby, featuring major retailers like Walmart, Canadian Tire, and Best Buy.

    • Southcentre Mall, a short drive away, offers a more extensive selection of shopping options.

  • Recreation & Parks:

    • Fish Creek Provincial Park is just minutes away, providing walking trails, picnic areas, and nature experiences.

    • Millrise Community Association organizes local events and recreational programs.

    • Nearby Shawnessy YMCA and Cardel Rec South offer fitness facilities, swimming pools, and community activities.


Market Outlook for Millrise

  • Continued Price Growth: Prices are rising across all property types, reflecting ongoing demand.

  • Balanced Market Conditions: Increasing inventory and slowing sales suggest the market may shift away from a seller’s market.

  • Stronger Demand for Affordable Housing: Apartments and townhouses remain attractive to buyers due to their relative affordability compared to detached homes.

  • Impact of Interest Rates: If mortgage rates stabilize or decline, buyer activity may increase, supporting further price appreciation.

Millrise continues to be a desirable neighborhood due to its strong community amenities, transit options, and proximity to schools and shopping. While sales volume has slowed, prices remain on an upward trend, signaling a steady real estate market.

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Royal Oak Real Estate Market Summary – November 2024

Market Trends:

  • Total Residential Market: The benchmark price reached $620,000, reflecting a 2.8% year-over-year (Y/Y) increase.

  • Detached Homes:

    • Sales: 5 transactions (-67% Y/Y)

    • Inventory: 6 homes available (-33% Y/Y)

    • Benchmark Price: $793,300, up 13.8% Y/Y

  • Semi-Detached Homes:

    • Sales: 0 transactions

    • Inventory: 3 homes available

    • Benchmark Price: N/A

  • Row Homes (Townhouses):

    • Sales: 2 transactions (+100% Y/Y)

    • Inventory: 11 homes available (+100% Y/Y)

    • Benchmark Price: $499,800, up 4.9% Y/Y

  • Apartments:

    • Sales: 3 transactions (flat Y/Y)

    • Inventory: 13 units available (flat Y/Y)

    • Benchmark Price: $328,500, up 3% Y/Y

  • Market Supply: The months of supply rose to 3.3, indicating a move towards a balanced market.


Community Features

Schools & Education

Royal Oak is home to well-rated schools, making it a family-friendly community:

  • Royal Oak School (K-3, public)

  • William D. Pratt School (Grades 4-9, public)

  • Bearspaw Christian School (K-12, private)

  • Tuscany School & St. Basil School are nearby for alternative education options.

LRT Station & Transportation

  • Tuscany LRT Station is the closest C-Train station, providing convenient downtown access.

  • The Stoney Trail NW ring road ensures quick travel to all parts of Calgary.

  • Several bus routes connect Royal Oak to the LRT and surrounding neighborhoods.

Shopping & Amenities

  • Royal Oak Centre: Offers grocery stores, banks, cafes, and essential services.

  • Creekside Shopping Centre & Beacon Hill Shopping Centre: Located nearby with big-box retailers like Costco, Home Depot, and Walmart.

  • Crowfoot Crossing: A short drive away, featuring diverse shopping, dining, and entertainment options.

Recreation & Outdoor Spaces

  • Royal Oak Ravine & Pathways: Extensive green spaces with walking trails.

  • YMCA at Rocky Ridge: One of Calgary’s largest fitness and recreation centers.

  • Nearby Golf Courses: Bearspaw Golf Club and Lynx Ridge Golf Course offer excellent facilities.


Conclusion & Market Outlook

  • Price Growth: The market saw steady price increases, particularly for detached and row homes.

  • Balanced Market: Higher inventory levels are cooling demand, making it easier for buyers.

  • 2025 Forecast: Expect a stable market with moderate price growth, depending on interest rates and economic conditions.

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Somerset Real Estate Market Summary – November 2024

Market Trends & Property Types

The Somerset real estate market in November 2024 has shown resilience with steady demand across various property types.

Detached Homes

  • Benchmark Price: $621,000 (7.0% YoY increase)

  • Sales: 5 properties sold (0% change YoY)

  • New Listings: 8 new listings

  • Inventory: 7 available properties

  • Months of Supply: 1.40 months, indicating a strong sellers' market​.

  • Market Trend: Stable demand and increasing prices suggest that detached homes continue to be a premium choice, appealing to families and long-term homeowners.

Semi-Detached Homes

  • Benchmark Price: $401,200

  • Sales: No recorded sales in November

  • New Listings: 0 new listings

  • Inventory: 0 properties available

  • Market Trend: This segment had limited activity, likely due to low inventory levels and higher demand for detached and row homes​.

Row Homes (Townhouses)

  • Benchmark Price: $401,200 (5.6% YoY increase)

  • Sales: 1 property sold

  • New Listings: 1 new listing

  • Inventory: 0 properties available at the end of November

  • Months of Supply: 1.18 months, suggesting a competitive market​.

  • Market Trend: Townhouses remain an attractive option for first-time buyers and downsizers, benefiting from affordability compared to detached homes.

Apartments (Condos)

  • Benchmark Price: $313,900 (17.8% YoY increase)

  • Sales: 9 properties sold (80% increase YoY)

  • New Listings: 9 new listings

  • Inventory: 14 available properties

  • Months of Supply: 1.56 months, making it a sellers’ market​.

  • Market Trend: The condo market is one of the fastest-growing segments, with increasing demand from investors, young professionals, and retirees. Prices have surged by nearly 18% YoY, making it one of the most profitable segments in 2024.

Overall Market Trends

  • Total Residential Benchmark Price: $482,500 (5.6% YoY increase)

  • Total Sales: 15 homes sold (+50% YoY)

  • New Listings: 17 properties listed

  • Months of Supply: 1.40 months, confirming Somerset is a strong sellers' market​.

Key Takeaways

  1. Detached Homes are in high demand, with prices continuing to rise.

  2. Townhouses & Row Homes remain competitive but had lower inventory in November.

  3. Apartments are the hottest segment, showing rapid appreciation and sales activity.

  4. The low inventory levels and strong demand suggest prices may continue to rise in early 2025.

Community Features & Amenities

  • Schools: Somerset is home to several reputable schools, including Somerset School (K-4) and Bishop O'Byrne High School.

  • LRT Transportation: The Somerset-Bridlewood CTrain station provides seamless transit access to downtown and other parts of Calgary.

  • Shopping & Dining: The Shawnessy Shopping Centre, located nearby, offers big-box retailers, grocery stores, and dining options.

  • YMCA & Recreation: Residents have access to the Shawnessy YMCA, which features a fitness center, swimming pool, and various programs.

  • Library: The Shawnessy Public Library is a great resource for families and students.

  • Parks & Outdoor Spaces: Somerset features multiple parks, walking trails, and playgrounds, making it an attractive neighborhood for families.

Somerset remains a sought-after community in Calgary due to its strong market performance, affordability in apartments, and excellent access to schools, transit, and amenities. With rising property values and a competitive market, now is a strategic time for buyers and sellers to explore opportunities in this neighborhood.

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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.