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 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.

The real estate market in Evergreen remained active in November 2024, with a mix of detached, attached, and apartment properties showing steady price appreciation. The benchmark price for total residential properties was approximately $615,400, reflecting a continued year-over-year increase.

• Detached Homes: Benchmark prices ranged around $758,800 to $751,700, with fully finished basements being a common feature.

• Attached Homes (Semi-Detached & Row Houses): Prices averaged $547,900 for semi-detached and $425,300 for row housing.

• Apartments: The benchmark price was $339,400, showing stability in this segment.

Sales Activity:

• Total sales volume showed moderate growth, with an increase in transactions compared to the same period last year.

• Days on Market (DOM) remained relatively low, indicating strong demand across property types.

• The sales-to-new-listings ratio suggests a competitive market, favoring sellers in some segments​.

Transportation & Accessibility

Evergreen is well-connected to Calgary’s major road networks:

• Stoney Trail provides quick access to the rest of the city, making commuting convenient.

• Public Transit: Several bus routes serve the community, and the Tsuut’ina LRT extension under discussion is expected to enhance transit accessibility in the coming years.

• Pedestrian-friendly paths and cycling routes contribute to a well-connected neighborhood.

Schools & Education

Evergreen is a family-friendly community with excellent school options:

• Evergreen School (K-4, CBE) – Offers an inquiry-based learning approach.

• Marshall Springs School (5-9, CBE) – A middle school with strong academic and extracurricular programs.

• Our Lady of the Evergreens (K-6, CSSD) – A Catholic school offering faith-based education.

• Dr. E.P. Scarlett High School – The designated high school with a French immersion program and Advanced Placement courses.

The presence of quality educational institutions adds to Evergreen’s appeal for families looking to settle in a well-serviced community.

Conclusion

Evergreen continues to be a desirable neighborhood for homebuyers, with rising property values, a balanced market, and strong demand for detached and attached homes. Its good transportation links and top-tier schools make it an attractive choice for families and investors alike.

Market Trends

The Hamptons real estate market in Calgary experienced moderate activity in November 2024, with notable trends across different housing segments:

• Detached Homes: The benchmark price for detached homes in the Hamptons reached $943,500, reflecting a 6.9% year-over-year increase. Inventory remained stable, with a sales-to-new-listings (S/NL) ratio of 1.00, indicating a balanced market​.

• Semi-Detached Homes: The benchmark price for semi-detached properties was $494,200, with an inventory decline of 38% compared to last year. This segment saw one sale and one new listing, keeping the months of supply at 1.60​.

• Total Residential Market: The overall benchmark price for Hamptons reached $876,600, marking a 5.4% annual increase. Sales increased by 25% compared to November 2023, while new listings remained steady​.

• Days on Market: Homes in Hamptons were selling in an average of 29 days, slightly faster than previous months, suggesting continued buyer interest​.

School Features in Hamptons

Hamptons is known for its excellent educational options, attracting families looking for strong academic programs. Schools in and around the community include:

• Hamptons School (K-4) – A well-regarded elementary school within the Calgary Board of Education.

• Captain John Palliser School (K-6) – Located nearby, offering strong academic programs.

• Twelve Mile Coulee School (5-9) – A reputable middle school serving students in the area.

• Sir Winston Churchill High School (10-12) – A top-ranked high school known for its strong academic programs, including the International Baccalaureate (IB) program.

The presence of these schools makes Hamptons a desirable community for families seeking quality education for their children.

Market Overview

Aspen Woods remains one of Calgary’s most sought-after neighborhoods, with continued demand and price growth in November 2024. Limited inventory and strong buyer interest have contributed to a competitive market.

Key Market Statistics

• Sales: 13 total residential sales, a 30% increase year-over-year.

• New Listings: 12 new listings, down 33% compared to November 2023.

• Inventory: 16 active listings, a 25% decrease year-over-year.

• Benchmark Prices:

  • Detached Homes: $1,234,100 (+10% YoY)

  • Semi-Detached Homes: N/A

  • Row Homes: $554,100 (+7.3% YoY)

  • Apartments: $438,300 (+4.1% YoY)

• Months of Supply: 1.23 months, indicating a strong seller’s market.

Schools in Aspen Woods

Aspen Woods is known for its excellent schools, making it a top choice for families. Notable institutions include:

• Webber Academy – A prestigious private school with a strong academic reputation.

• Calgary Academy – Offers specialized learning programs.

• Ernest Manning High School – A top-rated public high school.

• Guardian Angel School – A well-regarded Catholic elementary school.

LRT & Transportation

Aspen Woods residents benefit from convenient access to Calgary’s LRT and major roadways:

• 69 Street LRT Station: Provides quick access to downtown Calgary and beyond.

• Bus Routes: Multiple transit routes connect Aspen Woods to other parts of the city.

• Stoney Trail & Bow Trail: Major roadways offering efficient commuting options.

Market Trends

The Canyon Meadows real estate market in November 2024 shows mixed performance across different property types. The key trends are:

• Detached Homes: The benchmark price for detached homes rose to $773,800, marking a 12.8% year-over-year (Y/Y) increase. Inventory increased by 8%, with a months-of-supply ratio of 2.68, indicating a balanced market.

• Semi-Detached Homes: The benchmark price for semi-detached homes reached $468,600, reflecting a 14.3% Y/Y increase. However, with zero inventory available, there were no new sales in November.

• Row/Townhouses: Row homes saw a benchmark price of $363,700, up 5.1% Y/Y. The inventory remained stable at 4 units, with a months-of-supply ratio of 3.33.

• Apartments: The apartment market experienced significant growth, with the benchmark price rising 18.5% Y/Y to $214,600. The months of supply increased to 2.67, indicating strong demand.

Overall, the market in Canyon Meadows remains competitive, particularly for detached and apartment properties​.

Property Sales and Inventory

• Total Sales in November: 9 properties, a 40% decrease compared to the previous year.

• New Listings: 18, representing an 80% increase from November 2023.

• Inventory: 30 active listings, marking a 329% increase year-over-year.

• Days on Market: The average property spent 23 days on the market, showing a quick turnaround time for sales​.

Community Features

Canyon Meadows is a sought-after residential neighborhood in Calgary, offering various amenities and strong community appeal:

• Schools: The area is home to several schools, including Dr. E.P. Scarlett High School, Canyon Meadows School, and Robert Warren School, making it a great option for families.

• Shopping & Dining: Residents have access to Southcentre Mall, which offers a variety of retail stores and dining options. Additional convenience shopping is available along Macleod Trail.

• Transportation: The community is well-connected through the Canyon Meadows LRT Station, providing efficient public transit access to downtown Calgary.

• Parks & Recreation: Canyon Meadows backs onto Fish Creek Provincial Park, offering extensive walking trails, cycling paths, and nature experiences.

Canyon Meadows continues to be a strong market for buyers and sellers alike. While sales have slowed, increasing property values and higher listing activity indicate continued demand. The area remains highly desirable due to its top-rated schools, proximity to Fish Creek Park, excellent shopping options, and strong transit connections.

Market Trends by Property Type

1. Detached Homes

   • Benchmark Price: $740,700 (+7.2% year-over-year)

   • Sales: 9 (+80% Y/Y)

   • Inventory: 6 (-50% Y/Y)

   • Months of Supply: 0.75 (tight supply, strong seller’s market)

2. Semi-Detached Homes

   • Benchmark Price: $600,300 (+7.3% Y/Y)

   • Sales: 2 (+100% Y/Y)

   • Inventory: 1 (unchanged Y/Y)

   • Months of Supply: NA (limited sales data)

3. Row Homes

   • Benchmark Price: $413,900 (+12.0% Y/Y)

   • Sales: 0 (-100% Y/Y)

   • Inventory: 4 (+300% Y/Y)

   • Months of Supply: NA (no sales activity)

4. Apartments

   • Benchmark Price: $336,200 (+8.3% Y/Y)

   • Sales: 8 (+14% Y/Y)

   • Inventory: 6 (unchanged Y/Y)

   • Months of Supply: 1.35 (relatively balanced market)

5. Overall Market Performance

   • Total Residential Benchmark Price: $590,500 (+4.7% Y/Y)

   • Sales: 19 (+36% Y/Y)

   • New Listings: 17 (+42% Y/Y)

   • Inventory: 18 (+157% Y/Y)

   • Months of Supply: 0.95 (low inventory, favoring sellers)

Schools and Amenities in Arbour Lake

Arbour Lake is a sought-after community with top-rated schools, including:

• Elementary & Middle Schools: Arbour Lake School, Citadel Park School

• High Schools: Robert Thirsk High School

The community is well-known for its lake access, offering year-round recreation such as swimming, skating, and fishing.

Shopping and Features

• Shopping Centers: Crowfoot Crossing is a major retail hub, providing access to grocery stores, restaurants, and entertainment, including a movie theater.

• Recreation: Arbour Lake's private lake is a key attraction, along with nearby parks and walking trails. The Crowfoot YMCA offers fitness and community programs.

The Coventry Hills real estate market in November 2024 remained active, with steady demand across various property types. While sales volume saw a slight seasonal decline, home prices remained stable due to limited inventory and continued buyer interest.

• Average Sale Price: The average home price in Coventry Hills for November 2024 was $520,000, a slight dip from October but a 4% increase year-over-year.

• Sales Volume: A total of 32 homes were sold in November, reflecting a minor decrease compared to the previous month.

• Days on Market (DOM): Properties in Coventry Hills spent an average of 30 days on the market, slightly faster than the citywide average.

• New Listings: The number of new listings was 25, maintaining a competitive environment for buyers.

Market Trends

• Single-Family Homes: These remained the most in-demand, with steady appreciation and strong competition among buyers.

• Townhomes: Townhouses saw increased interest due to affordability, particularly from first-time buyers.

• Condos: Limited condo options in Coventry Hills led to stable pricing and consistent investor interest.

Community Insights

Schools

Coventry Hills offers access to well-rated schools, including:

• Coventry Hills School (K-4)

• Nose Creek School (5-9)

• Crescent Heights High School (10-12) Proximity to these schools continues to drive family interest in the area.

LRT Station & Transportation

• Road Access: Quick connections to Deerfoot Trail and Stoney Trail make commuting convenient.

Shopping & Amenities

• Country Hills Village Shopping Centre: Offers grocery stores, restaurants, and retail outlets.

• CrossIron Mills: A short drive away, this shopping hub provides additional retail and entertainment options.

• Local Amenities: Nearby gyms, medical centers, and cafes enhance livability.

Community Features

• Parks & Recreation: Coventry Hills Park and nearby Nose Creek Park provide walking trails and green spaces.

• Family-Friendly Environment: A strong sense of community with active resident engagement and local events.

• Future Developments: Ongoing infrastructure improvements are expected to enhance connectivity and services.

West Springs experienced strong real estate activity in November 2024. The total residential benchmark price increased by 4.4% year-over-year (Y/Y), reaching $814,300. The market remained competitive, with 20 sales recorded—a 43% increase Y/Y—and 24 new listings, reflecting a 71% Y/Y rise. Inventory levels doubled compared to the previous year, reaching 40 available properties.

• Detached homes had a benchmark price of $1,072,000, up 13% Y/Y.

• Semi-detached homes were priced at $758,600, reflecting steady growth.

• Row homes and apartments saw moderate price increases, with row homes averaging $516,000 and apartments at $469,600.

• The months of supply stood at 2.00 months, indicating a seller’s market but with slightly increasing inventory.

Overall, demand remains strong, with rising prices across all property types, reflecting West Springs’ ongoing desirability.

Schools & Education

West Springs is well-known for its excellent education options, making it a top choice for families. Some of the top schools in the area include:

• West Springs School (K-4) – Highly rated elementary school.

• West Ridge School (Grades 5-9) – A top-tier middle school.

• Ernest Manning High School – Offers advanced placement programs and excellent university preparation.

• Calgary French & International School – A private bilingual school with strong academics.

These schools contribute to the neighborhood’s appeal for families seeking high-quality education.

Community Features

West Springs offers a blend of suburban charm and urban convenience, making it one of Calgary’s most desirable communities. Notable features include:

• Parks & Green Spaces: Ample walking trails, playgrounds, and green belts provide a perfect setting for outdoor activities.

• Shopping & Dining: Access to West 85th, a popular shopping area with premium grocery stores, boutique shops, and diverse dining options.

• Recreation: Proximity to WinSport, Canada Olympic Park, and various fitness centers make it ideal for sports enthusiasts.

• Connectivity: Quick access to Stoney Trail and Bow Trail, offering a smooth commute to downtown Calgary and beyond.

With its strong housing market, excellent schools, and vibrant amenities, West Springs remains a prime location for buyers and investors.

Market Trends

Detached Homes

• Sales: 12 units (-14% YoY)

• Benchmark Price: $791,100 (+14.4% YoY)

• Inventory: 14 units (+17% YoY)

• Months of Supply: 1.18 months

Detached homes in Tuscany remained a popular choice despite a slight decline in sales. The benchmark price rose significantly, indicating strong demand and limited supply.

Semi-Detached Homes

• Sales: 1 unit (No YoY comparison)

• Benchmark Price: Not available

• Inventory: 1 unit

This segment had minimal activity, reflecting a lack of available semi-detached properties in the community.

Row Homes (Townhouses)

• Sales: 2 units (No change YoY)

• Benchmark Price: $487,800 (+9% YoY)

• Inventory: 3 units (+100% YoY)

• Months of Supply: 1.5 months

Row homes saw stable sales with price appreciation, but the doubling of inventory may create more choices for buyers.

Apartments

• Sales: 1 unit (-67% YoY)

• Benchmark Price: $430,400 (+10% YoY)

• Inventory: 2 units (+100% YoY)

• Months of Supply: 2 months

The apartment market saw a sharp decline in sales but experienced price appreciation. The increased inventory might help balance supply and demand moving forward.

Overall Market Performance

• Total Residential Sales: 16 units (-16% YoY)

• New Listings: 18 (+13% YoY)

• Benchmark Price: $713,100 (+9% YoY)

• Months of Supply: 1.25 months

The Tuscany market remains competitive, with price appreciation across most property types despite a decline in total sales. The inventory increase suggests more options for buyers, but the low months of supply indicate a seller’s market.

LRT Transportation

Tuscany is well-served by the Tuscany LRT Station, providing convenient access to downtown Calgary and other parts of the city. The LRT is a major advantage for commuters, making Tuscany a desirable community for professionals and families seeking efficient public transit options.

Schools in Tuscany

Tuscany offers excellent educational options, including:

• Tuscany School (K-4, CBE) – A public elementary school with strong academic programs.

• Eric Harvie School (K-4, CBE) – Another elementary option with a focus on community-based learning.

• Twelve Mile Coulee School (5-9, CBE) – Serving middle school students in Tuscany.

• St. Basil Catholic School (K-9, CCSD) – A Catholic school option providing K-9 education.

These schools make Tuscany a highly sought-after neighborhood for families with school-aged children.

Community Features

Tuscany is known for its family-friendly environment and excellent amenities, including:

• Tuscany Club – A private community center with recreation facilities, including a gymnasium, splash park, skating rink, and events.

• Parks & Green Spaces – The neighborhood features extensive walking trails, playgrounds, and access to natural areas like Twelve Mile Coulee.

• Shopping & Services – Tuscany Market provides grocery stores, coffee shops, and essential services, while Crowfoot Crossing is a short drive away for additional retail options.

• Outdoor Recreation – The community is close to the Bow River, Nose Hill Park, and offers easy access to the Rocky Mountains.

Market Trends

1. Single-Family Homes:

   • The demand for single-family homes remained strong, with a moderate price appreciation driven by limited inventory and steady buyer interest.

   • Average home prices saw a year-over-year increase, reflecting Silverado’s desirability among families and long-term residents.

   • Newer developments and modern renovations contributed to higher listing prices, especially for 3–5-bedroom homes with upgraded amenities.

2. Townhomes:

   • The townhome segment experienced stable growth, making it a preferred choice for first-time buyers and downsizers.

   • Competitive pricing and low-maintenance living attracted more interest, keeping townhome sales consistent throughout the month.

   • Increased investor activity also influenced this market, as townhomes continue to be high-demand rental properties.

3. Condos & Apartments:

   • The condo market remained affordable and steady, appealing to young professionals and investors.

   • Rental rates continued to rise, making condo ownership an attractive investment opportunity.

   • New construction projects and updated amenities in older complexes helped maintain buyer interest.

4. Luxury & Estate Homes:

   • The luxury segment saw a slight slowdown in transactions, mainly due to higher interest rates.

   • Buyers in this category were more selective, prioritizing custom features, larger lot sizes, and premium locations.

   • Despite fewer sales, luxury home prices remained stable due to the limited availability of high-end properties in Silverado.

Community Features & Lifestyle

• Parks & Green Spaces: Silverado continues to offer beautiful parks, walking trails, and open green spaces, making it a family-friendly community.

• Proximity to Amenities: Convenient access to shopping centers, restaurants, and schools adds to the neighborhood’s appeal.

• Transportation & Connectivity: With easy access to major highways and public transit, Silverado remains well-connected to other parts of the city.

• Community Events: Local activities and events foster a tight-knit and welcoming atmosphere, making it an attractive place to live.

Overall, Silverado’s real estate market in November 2024 remained resilient, with stable growth across most property types. While higher interest rates impacted the luxury segment, demand for single-family homes, townhomes, and condos remained strong, making Silverado a desirable community for both homeowners and investors.

Sales and Market Trends:

• Total residential sales in Mahogany for November 2024 were 30 units, representing a 9% year-over-year decline.

• New residential listings increased to 59 units, a 34% YoY growth.

• Inventory levels climbed to 87 units, marking a 36% YoY increase.

• The months of supply stood at 2.90, indicating a more balanced to buyer-friendly market.

Price Metrics:

• The overall benchmark price for Mahogany residential properties reached $588,700, showing a 3.2% YoY increase.

  • Detached Homes: Average price was $810,000, reflecting a 9.1% YoY increase.

  • Semi-Detached Homes: Benchmark price at $570,500, up by 5.4% YoY.

  • Row Houses: Price climbed to $487,500, marking a 5.4% YoY increase.

  • Apartments: Average price rose to $365,500, with a 5.4% YoY increase.

Sales-to-New-Listings Ratio (S/NL):

• The S/NL ratio for November 2024 was 0.51, signaling an oversupply relative to demand and leaning towards a buyer's market.

Market Observations:

• While sales showed a slight decline, new listings and inventory experienced significant growth, providing more options for buyers.

• Detached homes remain the most resilient segment in price growth, maintaining a strong appeal.

• Apartments and row houses also recorded steady price increases, reflecting sustained demand across diverse property types.

This summary showcases a shifting market in Mahogany, with increased inventory offering buyers more choices and slightly moderating sales activity.