Hawkwood experienced a robust start to 2025 with significant year-over-year growth across key real estate indicators:

• Sales: 31 homes sold, a 106.7% increase from Q1 2024, well above the 10-year Q1 average of 25.

• New Listings: 49 properties listed, marking a 157.9% increase Y/Y.

• Sales-to-New-Listings (SNL) Ratio: 63.27% – a healthy level indicating solid demand relative to supply.

• Average Days on Market (DOM): Properties sold in an average of 24 days, 64.3% faster than Q1 2024.

• Months of Supply: 1.48 – suggesting a tight market with limited inventory.

🏘 Trends by Property Type

🏠 Detached Homes

• Benchmark Price: $772,000 (+5.01% Y/Y)

• Sales: 29 (141.7% increase Y/Y)

• Average Price: $783,979

• SNL Ratio: Strong at ~60%, confirming high demand

• Price Range Distribution: Most activity occurred in the $700K–$799K and $800K–$999K brackets.

• Inventory Pressure: Detached homes remain in high demand with only 1.31 months of supply.

🏘 Row Homes

• Benchmark Price: $429,200 (+1.9% Y/Y)

• Sales: 2

• Inventory: Stable with ~1 month of supply

• Activity in this segment is modest but steady. It's an attractive option for downsizers or first-time buyers wanting entry into Hawkwood.

🏢 Apartments

• Benchmark Price: $338,233 (+4.72% Q/Q)

• Sales: Limited, but growing interest

• Typically priced under $400,000, apartments present a more affordable entry point in the neighborhood.

🏚 Semi-Detached

• No recorded sales in Q1 2025, though one property was listed in Q4 2024. This segment remains niche in Hawkwood, making up a small fraction of the market.

📈 Price Trends

• Total Residential Benchmark Price: $699,500 (+3.3% Y/Y)

• Average Residential Price: $755,158 (+11.3% Y/Y)

• The benchmark price has trended consistently upward since 2021, reflecting strong, sustained demand and a desirable community profile.

🏫 Hawkwood Community & School News – Q1 2025

Hawkwood School Initiatives

• Hawkwood Elementary School kicked off 2025 with a “Science Through Nature” program, partnering with Nose Hill Park educators to enhance environmental literacy through weekly outdoor classes.

• St. Maria Goretti School launched a student mentorship initiative in January, pairing older students with newcomers to support transitions and leadership.

• Local schools reported increased enrollment, suggesting growing family interest in the area—this bodes well for ongoing demand in the detached and family-friendly housing segments.

Community Engagement

• The Hawkwood Community Association organized the Winter Family Fun Fest in February, attracting over 500 residents with sledding, food trucks, and live music.

• Community clean-up programs are scheduled for April, reinforcing Hawkwood's family-oriented, community-driven character—a major draw for homebuyers.

✅ Key Takeaways

• Hawkwood remains a seller’s market, especially in the detached home segment, driven by limited supply and strong demand.

• Families continue to target Hawkwood for its school options, green space, and community feel.

• Price appreciation across all property types shows sustained upward momentum, though affordability concerns could shift some demand to row homes and apartments in the coming quarters.

Millrise kicked off 2025 with a balanced yet active real estate performance:

• Total Sales: 30 homes sold (-3.2% YoY)

• New Listings: 37 listings (+12.1% YoY)

• Sales-to-New-Listings Ratio (SNL): 81.08%, indicating strong demand relative to supply.

• Average Days on Market (DOM): 29 days, up 124.5% from Q1 2024.

• Average Inventory: 13 units (+143.8% YoY)

• Months of Supply: 1.30, keeping Millrise in a seller-favored market.

🏡 Market Trends

🏠 Detached Homes

• Sales: 17 (up 30.8% YoY)

• Benchmark Price: $605,233 (+10.78% YoY)

• Average Price: $630,753

• Median Price: $642,500

• Detached homes continue to dominate the market in value and demand. Most sales occurred in the $600K–$700K range, with limited inventory keeping prices strong.

🏘 Row Homes

• Benchmark Price: $398,900 (+5.75% YoY)

• Average Price: $440,000

• Median Price: $461,667

• Row homes are seeing renewed buyer interest from young families and downsizers, especially given their relative affordability and access to green space.

🏢 Apartments

• Benchmark Price: $331,033 (-1.9% YoY)

• Average Price: $285,000

• Median Price: $274,700

• The apartment market cooled slightly this quarter, with minor price declines, likely due to increased supply and slower absorption. Still, this remains a key entry point for first-time buyers.

🏚 Semi-Detached Homes

• Benchmark Price: $546,267

• Limited sales this quarter, but when available, semis tend to attract steady interest thanks to their mid-range pricing and family-friendly layouts.

💰 Price Growth Summary

• Total Residential Benchmark Price: $465,933 (+6.7% YoY)

• Average Price: $507,337 (+13.1% YoY)

• The price trajectory continues upward, especially for detached homes, while apartment and row segments remain more accessible.

🏫 Millrise Community Highlights

• Our Lady of Peace School hosted a STEM Innovation Fair in February, showcasing student projects and tech-based learning initiatives. This drew attention from local families and contributed to Millrise’s growing appeal among young households.

• Millrise Pre-K Program at the community center saw record enrollment for Spring 2025, reflecting a demographic shift toward younger families moving into the neighborhood.

🎉 Community Events

• The Millrise Winter Lights Festival returned in January, drawing over 1,000 residents for an evening of food trucks, firepits, and music. Events like this highlight the strong community spirit that makes Millrise attractive to buyers.

• Community-led Neighbourhood Clean-Up Day was announced for late March, reflecting civic pride and increasing homebuyer confidence in the area’s upkeep and desirability.

🔑 Key Insights

• Millrise remains a strong seller’s market, especially for detached homes and mid-range row houses.

• The benchmark price trend remains upward, albeit moderately, with inventory slightly expanding.

• Apartments offer affordability but face a slower sales pace.

• Community vibrancy, strong school engagement, and proximity to LRT and parks are key factors fueling Millrise’s steady real estate appeal.

In the first quarter of 2025, West Springs continued to show strong demand and a competitive market climate, driven by limited inventory and a high level of desirability among buyers seeking a suburban lifestyle with easy downtown access. The community’s appeal is also enhanced by its top-tier schools, green spaces, and modern amenities.

📊 Market Trends

1. Detached Homes

• Benchmark Price: $996,800

• Price Change YoY: ▲ +14.3%

• Sales-to-New Listings Ratio: 89%

• Trend: Inventory remains tight with only 1.03 months of supply, keeping sellers in a strong position.

• Insight: The luxury segment (homes above $1M) has remained active due to buyer confidence and lifestyle-focused relocations.

2. Semi-Detached Homes

• Benchmark Price: $766,767

• Price Change YoY: ▲ +20.3%

• Sales-to-New Listings Ratio: 92%

• Trend: Strongest YoY appreciation across all types. Demand outpaces supply with less than a month of inventory.

• Insight: Young professionals and downsizers are increasingly targeting semi-detached homes for their balance of space and lower price point compared to detached options.

3. Row (Townhomes)

• Benchmark Price: $583,233

• Price Change YoY: ▲ +20.2%

• Sales-to-New Listings Ratio: 103%

• Trend: The market is exceptionally tight with sales exceeding new listings, suggesting multiple-offer scenarios.

• Insight: First-time buyers are leaning toward townhomes due to affordability, while investors are attracted by rental potential.

4. Apartment Condos

• Benchmark Price: $373,667

• Price Change YoY: ▲ +19.2%

• Sales-to-New Listings Ratio: 102%

• Trend: Condos are gaining popularity due to relative affordability and low maintenance lifestyle.

• Insight: High rental demand and improved amenities in newer buildings contribute to condo market growth.

🏘️ Community News & Activities

1. Spring Community Cleanup & Greening Initiatives

• Residents participated in the “West Springs Clean Sweep” in March, a volunteer-led event to clean pathways and parks ahead of the spring season.

• The local Community Association also launched a tree-planting campaign along 77th Street and surrounding green spaces.

2. Upcoming West District Development

• Construction progress continues on West District’s central park and retail plaza, expected to add vibrant public space and boutique shopping to the area by mid-2025.

• These developments are contributing to growing buyer interest and investment appeal in the neighborhood.

3. Family & Wellness Programming

• The Westside Recreation Centre hosted several Q1 events including youth basketball leagues, fitness bootcamps, and wellness seminars.

• A new after-school STEM program was introduced at Calgary French & International School, boosting educational appeal for families.

4. Transportation & Infrastructure Updates

• The city has begun early planning stages for improved bus frequency along routes connecting West Springs to the 69th Street LRT Station.

• Traffic calming measures on 85th Street SW are being reviewed to improve safety near retail zones and schools.

West Springs continues to be a high-performing market in Calgary’s west quadrant. All property types have experienced double-digit annual growth, fueled by limited inventory, strong demand, and ongoing community enhancements. Buyers should prepare for competitive conditions, especially in the townhome and condo segments, while sellers are well-positioned to leverage price growth and low days-on-market.

Varsity's real estate market in Q1 2025 showed moderate activity and continued strength in pricing, especially for detached homes:

• Sales: 41 homes sold (-12.8% YoY)

• New Listings: 72 (+7.5% YoY)

• Sales-to-New-Listings (SNL) Ratio: 56.94% – a balanced market leaning slightly toward buyers

• Average Days on Market: 35 days (+37% YoY)

• Average Inventory: 31 units (+53.3% YoY)

• Months of Supply: 2.24 – up significantly, signaling softening demand compared to last year

• Benchmark Price (Total Residential): $563,033 (-0.7% YoY)

🏘 Property Type Breakdown

🏠 Detached Homes

• Sales: 14 (down 17.6% YoY)

• Benchmark Price: $922,633 (+3.2% YoY)

• Average Price: $1,033,736 (+4.8% YoY)

• Median Price: $943,500

• Months of Supply: 1.71

• Despite fewer sales, detached homes saw notable price appreciation, confirming Varsity’s continued appeal among higher-end buyers.

🏢 Apartments

• Benchmark Price: $277,300 (-0.17% YoY)

• Average Price: $289,500 (+8.4% YoY)

• This segment makes up 41% of total sales and offers affordability and convenience. Increased average prices show continued investor and first-time buyer interest.

🏘 Row Homes

• Benchmark Price: $532,567 (+10.74% YoY)

• Average Price: $595,100

• Row homes remain a smaller segment (23% of listings) but with strong Y/Y gains, indicating rising demand for this mid-tier housing option.

🏚 Semi-Detached Homes

• No sales recorded in Q1 2025, continuing a trend of limited activity in this niche property type.

📈 Pricing Overview

• Benchmark Price Growth (All Residential): Up modestly by 0.7% YoY

• Average Price Growth: $641,359 (+9.5% YoY) – driven largely by detached homes and high-end row housing

• Price Range Activity: Majority of sales occurred in the $400K–$699K range, with detached sales stretching beyond $1M+

🏫 Varsity Community Highlights

🎓 University Proximity Drives Demand

Varsity’s ongoing popularity is bolstered by its adjacency to the University of Calgary and Market Mall, attracting students, faculty, and healthcare workers affiliated with the nearby Foothills Medical Centre.

🏫 School District Updates

• Varsity Acres School (French immersion) implemented a new "Literacy Through Leadership" program, which has gained attention city-wide and may drive more young family interest to the area.

• F.E. Osborne School launched after-school robotics and science clubs, helping maintain Varsity’s reputation for academic excellence.

🌳 Community Events & Improvements

• The Varsity Community Association organized the Winter Wellness Walks in January, promoting outdoor activity along Bowmont Park trails.

• Planning is underway for a community garden expansion project near the community hall, further enhancing neighborhood livability.

🔑 Key Takeaways

• Varsity remains a premium NW community, with high average home values and enduring appeal for professionals and families.

• Detached homes and row housing are driving price growth, while apartment sales offer more affordability.

• Though sales volume has eased slightly, price stability and community amenities continue to attract discerning buyers.

• Varsity’s school strength, green space, and proximity to major institutions keep it a top-tier neighborhood in Calgary.

Royal Oak experienced a slowdown in sales volume in Q1 2025, though home prices showed resilience, and inventory levels rose:

• Sales: 32 homes sold (-22% YoY), below the 10-year Q1 average of 43.

• New Listings: 64 (+10.34% YoY)

• Sales-to-New-Listings Ratio (SNL): 50% – a balanced market with growing inventory.

• Average Days on Market: 32 days (+178.5% YoY)

• Average Inventory: 25 homes (+72.1% YoY)

• Months of Supply: 2.31 – significantly higher, indicating shifting power toward buyers

• Benchmark Price (All Residential): $630,100 (+1.12% YoY)

🏠 Market Trends

🏡 Detached Homes

• Sales: 10 units (-56.5% YoY)

• Benchmark Price: $833,000 (+5.6% YoY)

• Average Price: $772,830 (-4.3% YoY)

• Median Price: $777,000

• Detached homes dominate Royal Oak’s housing stock and saw strong year-over-year price growth. However, the volume of sales was down significantly, with more high-end listings entering the market, leading to longer DOM and higher inventory.

🏘 Row Homes

• Benchmark Price: $478,600 (+6.03% YoY)

• Average Price: $522,100 (+14.97% YoY)

• Median Price: $487,250 (+7.29% YoY)

• Row homes were a standout segment in Q1 2025. With sharp price increases and solid turnover, this type is increasingly popular among young families and move-down buyers.

🏢 Apartments

• Benchmark Price: $322,033 (-4.23% YoY)

• Average Price: $300,182 (-5.39% YoY)

• Median Price: $310,000 (-10.14% YoY)

• Apartment prices softened, reflecting higher supply and cooling demand in the entry-level buyer segment. However, they remain attractive due to affordability.

🏚 Semi-Detached Homes

• Benchmark Price: $540,000 (+12.5% YoY)

• Few sales recorded, but price metrics indicate growing interest. Semi-detached homes provide a middle ground between detached and row offerings, often appealing to downsizers.

📉 Price Range Activity

• The majority of home sales fell between $500K–$799K.

• High SNL ratios were found in the $500K–$599K and $600K–$699K brackets, showing strongest buyer activity.

• Detached homes were prevalent in the $700K+ range, while apartments and row homes clustered below $500K.

🏫 Royal Oak Community Highlights 

👩‍🏫 School & Education News

• Royal Oak School (K–3) introduced a digital storytelling program, encouraging students to blend creativity with tech tools – a project that’s drawn praise and interest from local families.

• William D. Pratt School (grades 4–9) expanded its science lab facilities with support from a community fundraiser, reinforcing Royal Oak’s appeal to education-focused families.

🌿 Community Engagement

• The Royal Oak Community Association organized its popular "Skate the Pond" winter festival in January, featuring outdoor skating, music, and food trucks.

• Ongoing planning is underway for trail upgrades in Royal Birch Park and expanded recycling bins in residential zones – initiatives that align with Royal Oak’s commitment to family living and sustainability.

🔑 Key Takeaways

• Royal Oak is transitioning toward a more balanced market, with rising inventory and slightly slower sales, especially in the detached segment.

• Row homes are surging in price and popularity, likely due to affordability constraints in detached properties.

• Apartments are adjusting with price softening but continue to provide accessible housing for new buyers.

• Strong school initiatives and community-driven events uphold Royal Oak’s status as a desirable, family-centric neighborhood.

Springbank Hill saw a robust start to 2025, with continued strong demand and limited inventory shaping the local housing dynamics. The average days on market (DOM) was relatively low, underscoring a seller’s advantage in many segments.

• Total sales: 47 transactions in Q1

• Sales-to-new-listings ratio: 65% (moderately leaning toward a seller’s market)

• Benchmark price (composite): $970,000, up 4.2% from Q4 2024

• Average DOM: 29 days (down from 36 in Q4 2024)

🏡 Market Trends

1. Detached Homes

• Median Sale Price: $1.1M

• Price Growth: +3.8% QoQ

• Sales Volume: 28 (strongest-performing segment)

• Buyer Profile: Primarily families upgrading or relocating for lifestyle purposes

• Trend: Premium detached homes continue to dominate interest, especially those with views or proximity to private schools.

2. Semi-Detached / Duplex

• Median Sale Price: $780K

• Trend: Steady demand, particularly from downsizers and move-up buyers priced out of detached options.

• Note: Slight inventory increase is offering more choices but not yet softening prices.

3. Townhomes

• Median Sale Price: $620K

• DOM: 32 days

• Trend: Stable with modest appreciation (+2.1% QoQ)

• Target Market: Young professionals and smaller families attracted to lower maintenance lifestyle.

4. Apartments / Condos

• Median Sale Price: $415K

• Trend: Slightly more volatile due to smaller sample size; prices were largely flat

• Demographic Shift: More investors re-entering this market due to higher rental demand

🌄 Springbank Hill Community Highlights – Q1 2025

🏫 West Calgary Campus Expansion

The West Calgary College announced a campus expansion plan near 17th Ave SW, expected to enhance local education infrastructure and potentially drive future demand for rentals and family housing nearby.

🌳 Green Space Enhancements

A new trail connection was completed in early March, linking Springbank Hill to nearby Aspen Woods and providing enhanced access to walking and biking routes.

🏘️ Community Events

• Springbank Hill Winter Fest: Held in late January at the community park with ice skating, food trucks, and a petting zoo. Strong attendance shows growing community engagement.

• Neighbourhood Watch Program Relaunch: Improved safety awareness and community patrols initiated with resident volunteers and city partnership.

🏗️ Future Development Watch

Ongoing discussions continue about rezoning parts of the south corridor of Springbank Hill for medium-density housing. If approved, this could introduce more row/townhome developments over the next 2–3 years, impacting future inventory levels.

🔍 Outlook for Spring 2025

• Sellers: Strong position, especially for detached homes in move-in-ready condition.

• Buyers: Still competitive, but increased spring listings may bring slight relief in inventory.

• Investors: Apartments offer stable rental yield potential, particularly near future college expansion zones.

📊 Overall Market Highlights

• Total Sales: 49
  (⬆️ 36.1% year-over-year)

• New Listings: 75
  (⬆️ 74.4% year-over-year)

• Sales-to-New-Listings Ratio: 65.33%
  ➤ Reflects a balanced-to-seller-leaning market

• Average Inventory: 26 (⬆️ 113.5%)

• Months of Supply: 1.61 (⬆️ 56.87%)

• Average Days on Market: 35 (⬆️ 55.5%)

• Benchmark Price (All Residential): $578,267 (⬆️ 4.32% YoY)

Silverado saw both sales and inventory climb in Q1, with more sellers entering the market and demand remaining healthy. Though market pace has slightly softened (higher DOM and months of supply), prices remain firm or rising.

🏘️ Market Trends

🏠 Detached Homes

• Benchmark Price: $647,567 (⬆️ 4.9% YoY)

• Median Price: $634,000

• Average Price: $716,704 (⬆️ 2.68%)

• DOM: 35 days

• Sales: 25

• Months of Supply: 1.96

💡 Detached homes dominate Silverado’s housing mix, making up ~60% of sales. Inventory growth has given buyers more choice, but prices continue to climb steadily, indicating sustained demand for family-friendly properties.

🏘️ Semi-Detached Homes

• Benchmark Price: $633,467

• Average Price: $628,898

• Benchmark Change YoY: -13.83%

• Sales Share: ~5%

💡 Smallest share of the market, and saw the biggest dip in price performance. This could reflect fewer sales or downward pressure in pricing due to older inventory or smaller lot sizes.

🏘️ Row Homes (Townhouses)

• Benchmark Price: $468,200 (⬆️ 4.11%)

• Median Price: $495,000

• Average Price: $503,213

💡 Townhomes are gaining popularity, particularly among first-time buyers and downsizers. Prices are up and holding steady as affordability continues to drive demand.

🏢 Apartments

• Benchmark Price: $357,133 (⬆️ 3.34%)

• Average Price: $350,875

• Median Price: $351,500

💡 Although apartments represent a smaller portion (9%) of Silverado’s sales, pricing is stable to slightly rising, showing resilience in the entry-level housing market.

🔢 Sales by Price Range (All Types)

Most sales occurred in:

• $400,000 – $599,999 (majority of detached & row homes)

• Lower activity in $700K+ range, though a few luxury homes transacted

• Apartments largely under $400,000

🧑‍🤝‍🧑 Calgary Silverado Community News & Activities 

🏫 Education & Youth Engagement

• Ron Southern School (K–6) launched its Eco-Explorers program, integrating nature walks with science classes, thanks to Silverado’s access to wetlands and pathways.

• Holy Child School (K–9) hosted its annual “Winter STEM Fair” in February, drawing families and sparking cross-grade collaboration.

• Both schools are piloting lunchtime leadership councils, fostering early civic involvement.

🎉 Community Events & Life

• The Silverado Community Association (SCA) hosted a Neighbourhood Ice Festival in January, including an outdoor skating party and hot cocoa social.

• Spring Market Prep began in March with local vendors registering for the annual “Spring Into Silverado” Market (scheduled May 2025).

• New signage and playground updates were completed in early Q1 near Silverado Saddle Avenue SW, improving curb appeal and family-friendly spaces.

🔮 Q2 2025 Outlook

• Detached market will stay strong as families look to move ahead of the school year.

• Row and apartment segments likely to stay competitive due to affordability pressures and increased interest from younger buyers.

• Inventory build-up will create more choice, potentially leading to price stabilization in higher-end segments.

Silverado remains a strong value play in the SW quadrant — combining modern homes, school access, greenspace, and proximity to shopping and transit (Somerset-Bridlewood LRT).

The real estate market in the Hamptons remained relatively stable during the first quarter of 2025, reflecting a calm but healthy pace of activity amid a broader balanced Calgary market.

• Benchmark Price (Detached Homes): $863,167

• Quarter-over-Quarter Price Change: ▲ 0.37%

• Annual Price Change: ▲ 9.6%

• Inventory: Increased to 17 listings

• Sales: 6 total in Q1

• New Listings: 17

🏘️ Detached Homes Trends

• Strong Performance: Detached homes continue to dominate the Hamptons market, maintaining high average sale prices and strong demand.

• Price Resilience: Benchmark prices climbed nearly 10% year-over-year, signaling consistent buyer confidence in this premium community.

• Days on Market (DOM): Homes sold on average in 19 days, a sharp drop from 94 days a year ago, indicating quick turnover and solid buyer interest.

🏘️ Market Dynamics

• Sales-to-Listings Ratio: Approximately 35%, suggesting a more balanced market, with enough listings to meet demand without overheating.

• Active Listings: Up from Q4 2024, improving buyer choice.

• Stable Growth: Despite seasonal fluctuations, the Hamptons has avoided the extreme highs and lows seen in other parts of Calgary.

🌟 Community News

🏌️ Hamptons Golf Club Kicks Off Spring

The Hamptons Golf Club reopened for the 2025 season in mid-March, with renovations to the clubhouse patio and updated golf simulator rooms. Members and residents are excited for the return of outdoor events and tournaments.

🧒 Family-Friendly Vibes

• Hamptons School & Community Association held a Spring Carnival in late March, featuring indoor games, local food vendors, and performances from local youth groups.

• The Hamptons Hockey Program continues to be a hit, with over 200 youth participants across various skill levels.

🛠️ Infrastructure & Safety

• New streetlight installations and pathway lighting have been completed along Hamptons Drive NW, improving both aesthetics and safety.

• Community patrols have increased in coordination with Calgary Police Services, following neighborhood feedback sessions in January.

🔮 Outlook for Q2 2025

Looking ahead, market watchers anticipate:

• Continued strength in detached home sales.

• Slight inventory buildup heading into summer.

• Potential price moderation if interest rates shift.

The Hamptons remains a premier destination for upscale, family-oriented living, with a strong real estate performance driven by quality homes, great schools, and an active community lifestyle.

Signal Hill, one of Calgary’s most sought-after west-end communities, experienced a dynamic real estate quarter in Q1 2025. While the broader Calgary market has shown resilience despite ongoing economic adjustments, Signal Hill maintained strong demand, driven by its upscale amenities, convenient location, and continued community engagement.

• Benchmark Price (All Property Types): $718,167

• Quarterly Price Growth: ▲ 1.2%

• Sales Activity: 80 total sales

• Months of Supply: 1.65 (indicating a sellers’ market)

• Days on Market: Average of 27.5 days (down from 34.6 in Q1 2024)

🏠 Market Trends

🔹 Detached Homes

• Benchmark Price: $855,000

• Sales: 39

• YOY Price Change: ▲ 13.2%

• Key Trend: Detached homes in Signal Hill remain the most sought-after, with strong appreciation driven by limited inventory and increasing interest from move-up buyers and families prioritizing space and proximity to top schools.

🔹 Semi-Detached Homes

• Benchmark Price: $767,000

• Sales: 9

• YOY Price Change: ▲ 15.9%

• Key Trend: Semi-detached homes saw the highest price growth, indicating increasing demand from buyers priced out of the detached segment. Low turnover continues to push values upward.

🔹 Row Houses

• Benchmark Price: $494,300

• Sales: 10

• YOY Price Change: ▲ 15.2%

• Key Trend: Row houses are appealing to downsizers and young professionals. High appreciation reflects affordability pressures and limited new construction in the area.

🔹 Apartments

• Benchmark Price: $319,933

• Sales: 22

• YOY Price Change: ▲ 14.7%

• Key Trend: Signal Hill’s apartment market is vibrant, supported by downsizing baby boomers and first-time buyers. The Westhills Shopping Centre proximity remains a major draw.

🔍 Looking Ahead

The real estate outlook for Signal Hill remains optimistic for the remainder of 2025:

• Limited inventory will continue to support price appreciation.

• Affordability constraints in detached homes will likely sustain strong performance in semi-detached and apartment segments.

• Ongoing community investment and lifestyle appeal solidify Signal Hill as a premium west Calgary destination.

Somerset entered 2025 with solid market activity, despite a slight dip in year-over-year sales volume:

• Sales: 33 homes sold (-19.5% YoY)

• New Listings: 49 (+11.4% YoY), matching the 10-year Q1 average

• Sales-to-New-Listings (SNL) Ratio: 67.35%, indicating a moderately competitive market

• Average Days on Market: 21 days (-28.88% YoY), suggesting brisk sales

• Months of Supply: 1.45 months (+198% YoY) – a modest increase in inventory but still favoring sellers

🏠 Market Trends

🏡 Detached Homes

• Sales: 18 (majority of all sales)

• Benchmark Price: $628,100 (+6.34% YoY)

• Average Price: $654,856

• Median Price: $651,500

• Strong demand for detached homes continues, especially among families. Most homes sold were in the $600K–$700K range.

• Quick turnaround: Detached homes are selling in approximately 18 days, maintaining appeal despite price increases.

🏘 Row Homes

• Benchmark Price: $395,933 (+5.66% YoY)

• Average Price: $399,667

• Median Price: $394,000

• Row housing offers a great middle ground—affordable and spacious enough for smaller families or first-time buyers.

• A slight dip in YoY median price (-6.19%) suggests more pricing flexibility in this segment.

🏢 Apartments

• Benchmark Price: $305,467 (+6.49% YoY)

• Average Price: $284,000

• Median Price: $278,371

• Despite being the largest share of inventory (41%), apartments are performing steadily. Modest price growth reflects stable interest and accessibility.

🏚 Semi-Detached Homes

• No sales recorded this quarter, continuing a multi-quarter trend of inactivity in this category for Somerset. This type represents a niche market in the community.

📈 Home Price Trends

• Total Residential Benchmark Price: $479,033 (+2.39% YoY)

• Average Residential Price: $494,753 (+7.6% YoY)

• Price growth is driven primarily by detached homes, though all property types showed some appreciation.

• The overall market maintains upward pressure on prices while remaining relatively affordable compared to other SW Calgary neighborhoods.

🏫 Community News & Activities – Q1 2025

📚 School Highlights

• Somerset School (K–4) launched a “Community Gardens & Growing Minds” initiative, incorporating outdoor education and sustainability-focused learning in partnership with local horticulturists.

• Enrollment has seen a modest uptick, correlating with more young families moving into the area.

🏞 Community Engagement

• The Somerset-Bridlewood Community Association hosted a successful Winter Carnival in February featuring snow painting, ice sculpting, and sledding—drawing over 400 residents.

• Planning is underway for the Spring Cleanup & BBQ in April, further reinforcing Somerset’s active and connected community culture.

• With excellent access to the Somerset-Bridlewood LRT station, residents continue to benefit from convenient transit and proximity to Shawnessy shopping and dining.

🔑 Key Takeaways

• Somerset’s real estate market remains healthy and balanced, with detached and row homes leading activity.

• Affordability, family appeal, and strong community events keep demand consistent.

• With benchmark prices rising modestly across the board, Somerset remains a popular choice for families and first-time buyers alike.

• Limited activity in semi-detached homes shows a potential opportunity for investors or developers to address that gap.

Arbour Lake remains one of NW Calgary’s most sought-after communities, combining strong market performance with the unique appeal of being Calgary’s only NW lake community. Here’s how the market shaped up in Q1 2025:

🔹 Detached Homes

• Sales Activity: 26 sales

• Benchmark Price: $722,433 (↑ 10.3% year-over-year)

• Market Trend: Low inventory has continued to drive up prices. Buyers are still willing to pay premiums for lake access and mountain views, especially on larger lots or renovated properties.

• Days on Market: Homes sold relatively quickly, especially those priced under $750K or offering modern upgrades.

🔹 Semi-Detached Homes

• Sales Activity: Limited (fewer listings available)

• Market Trend: These properties remain rare in Arbour Lake. When they do appear, they tend to attract downsizers or first-time buyers seeking lake access without the price tag of detached homes.

🔹 Row / Townhouses

• Benchmark Price: $421,100 (↑ 14.7% year-over-year)

• Market Trend: This segment saw the strongest price appreciation. Lower interest rates and affordability compared to detached homes have brought more competition to townhouses.

• Buyer Profile: Young professionals, investors, and small families.

🔹 Apartments

• Benchmark Price: $311,567 (↑ 16.5% year-over-year)

• Market Trend: A big jump in pricing driven by increased investor interest and new condo developments. Demand is also driven by retirees and first-time buyers wanting access to the lake lifestyle.

🧭 Supply & Demand Snapshot

• Inventory: Remains tight across all property types.

• Sales-to-Listing Ratio: Above 60%, indicating a strong seller’s market.

• Price Growth Drivers: Lake access, transit connectivity (near Crowfoot LRT), reputable schools, and community amenities.

🌊  Arbour Lake Lifestyle Update

🏖️ Lake Activities & Amenities (Winter-to-Spring Transition)

• Ice fishing and skating continued through early March thanks to sustained colder temps.

• The lake officially closed for ice use on March 15, transitioning into spring programming like shoreline clean-up and water testing.

• Residents are eagerly anticipating the May re-opening of water activities: paddle boarding, kayaking, and family beach events.

🧒 Community Programs

• Spring Kids Camps filled up quickly, with waitlists already forming.

• Lake Staff Recruitment began early this year due to expected record attendance this summer.

🎉 Events & Highlights

• Winter Carnival (February): Huge turnout with bonfires, skating trails, and food trucks.

• Spring Clean-Up Day (late March): Over 100 volunteers from the community helped prep green spaces and trails.

🔮 Outlook for Q2 2025

• Continued Price Growth Expected: Especially in the condo/townhome market.

• Detached Homes: May level off slightly as affordability becomes a bigger concern.

• Seller's Advantage: Still present, especially for well-maintained properties with lake views.

• Rental Market: Rising rents expected to push more buyers into entry-level condos.

Legacy started 2025 with strong momentum and an exceptional surge in new listings, coupled with steady buyer interest:

• Sales: 87 homes sold (+10.1% YoY) – well above the 10-year Q1 average of 39.

• New Listings: 168 (+75% YoY), more than double the 10-year average of 65.

• Sales-to-New-Listings Ratio (SNL): 51.79% – indicative of a balanced market, leaning toward increased supply.

• Average Days on Market: 32 days (+9.78% YoY) – still healthy and efficient.

• Average Inventory: 67 units (+110.4% YoY) – a significant rise showing expanded choice for buyers.

• Months of Supply: 2.32 (+91% YoY) – a mild shift toward balance from a previously tighter market.

🏘 Trends by Property Type

🏠 Detached Homes

• Sales: 45 units (+28.6% YoY)

• Benchmark Price: $1,040,800 (+3.95% YoY)

• Average Price: $735,265 (-8.1% YoY)

• Median Price: $699,900 (-7.79% YoY)

• Despite slight softening in average/median prices, detached homes are still in high demand and dominate the Legacy market.

• Benchmark price growth and higher-end home development continue to push this segment upward.

🏘 Semi-Detached Homes

• Sales: 13 units (+44.4% YoY)

• Benchmark Price: $605,269 (+1.05% YoY)

• Average Price: $591,500 (-0.59% YoY)

• Semi-detached homes remain a solid mid-range choice, showing balanced pricing with good absorption.

🏢 Row Homes

• Benchmark Price: $502,929 (+3.68% YoY)

• Median Price: $517,500 (+6.7% YoY)

• Row homes are increasingly popular among first-time buyers and young families due to their price accessibility and efficient layouts.

• Strong quarterly and yearly growth points to rising buyer confidence in this segment.

🏙 Apartments

• Benchmark Price: $282,830 (-8.55% YoY)

• Median Price: $274,500 (-12.3% YoY)

• Apartment prices have softened, likely due to a surge in supply and high competition in the entry-level price segment.

• Nonetheless, apartments continue to provide an important affordable option within Legacy’s diverse market.

📈 Price Range Activity

• Most sales occurred in the $400K–$699K range.

• SNL ratios strongest in the $500K–$599K band, indicating quick turnover.

• Inventory is building in higher price brackets, particularly $700K+, suggesting more options for move-up buyers.

🏫 Community & Lifestyle Highlights – Q1 2025

🏫 Schools & Education

• All Saints High School began its Leadership Through Service Initiative, encouraging students to volunteer with local nonprofits. This increased family interest in the area’s educational offerings.

• Legacy Montessori expanded its early education program to include nature-based outdoor learning, a big draw for young families settling into the neighborhood.

🌳 Community News

• Legacy residents enjoyed the Winter Lights Festival in January, a signature event that transformed the community’s pond and green spaces into a light show and skating rink, drawing large crowds.

• Construction began on Legacy Village, a new mixed-use retail and dining development expected to bring vibrancy and convenience by late 2025.

• Legacy’s pathway system, already one of the most scenic in SE Calgary, is undergoing expansion to connect better with nearby Fish Creek Park.

🔑 Key Takeaways

• Legacy is maturing into a full-spectrum residential hub, offering everything from luxury detached homes to starter apartments.

• Detached and row homes are driving market strength, with semi-detached options showing stable demand.

• The surge in listings suggests increased seller confidence, while benchmark price growth and steady absorption reflect continued buyer demand.

• Legacy’s active community association, growing schools, and planned commercial amenities continue to support long-term growth and livability.