Aspen Woods – 2024 October

Aspen Woods latest real estate report- 2024 October

Aspen Woods Real Estate Monthly Summary – October 2024

Aspen Woods, one of Calgary’s premier neighborhoods, showcased a robust real estate market in October 2024, with increasing activity and sustained demand. Below is a summary of key trends and community highlights.

Market Highlights

• Sales Activity: A total of 19 residential properties were sold, reflecting a 46% year-over-year increase.
• New Listings: There were 20 new listings, a modest 5% increase compared to October 2023.
• Inventory: The inventory stood at 28 properties, marking a 15% decrease year-over-year. This resulted in 1.47 months of supply, suggesting a seller-favored market.
• Benchmark Prices:
  • Total residential benchmark price rose to $891,800, a 6% year-over-year increase.
  • Detached homes held the highest benchmark price at $1,237,400, followed by row and apartment properties at $561,900 and $446,900, respectively.
• Market Trends: With a sales-to-new-listings ratio of 0.95, the market remains competitive, attracting both buyers and investors.

Community Features

Aspen Woods continues to be one of Calgary’s most desirable communities, offering an exceptional blend of luxury living and natural beauty:

• Upscale Living: The neighborhood is renowned for its high-end homes and exclusive residential developments, featuring modern architecture and premium finishes.
• Educational Facilities: Families are drawn to Aspen Woods for its proximity to some of Calgary’s top private and public schools, including Webber Academy and Calgary Academy.
• Recreation and Green Spaces: Residents enjoy access to numerous parks, pathways, and outdoor activities, fostering an active and vibrant lifestyle.
• Shopping and Dining: The community is home to Aspen Landing Shopping Centre, offering boutique shops, fine dining options, and essential services.
• Connectivity: Aspen Woods provides excellent connectivity to downtown Calgary and the Rocky Mountains, making it a prime location for professionals and nature enthusiasts alike.

Aspen Woods continues to demonstrate its appeal to buyers seeking a combination of luxury, convenience, and community charm.

If you’d like additional details or a specific focus on property types, feel free to ask!