
Calgary Real Estate Market Summary – Scenic Acres, October 2024
Market Overview
- Sales and Inventory:
- Scenic Acres recorded 12 property sales in October 2024, consistent with the same period last year.
- New listings amounted to 11, maintaining a balanced market.
- The community had 12 active listings, showing a year-over-year increase of 140%.
- Pricing Trends:
- The benchmark price for residential properties was $753,800, reflecting a 5.8% increase year-over-year.
- Detached homes dominated the market with a benchmark price of $772,000.
- Market Conditions:
- The months of supply stood at 1.00, highlighting strong demand and a seller’s market.
- A balanced sales-to-new-listings ratio (S/NL) further indicates steady market activity.
Community Amenities and Features
Scenic Acres is an established and sought-after community in Calgary, known for its proximity to natural attractions and urban amenities:
- Transportation Connectivity:
- The community offers excellent access to Highway 1, making it a prime location for those traveling to Banff and Canmore.
- Well-connected public transit options, including nearby C-Train stations, enhance accessibility for residents.
- Recreational Opportunities:
- Scenic Acres boasts parks, pathways, and green spaces, perfect for outdoor activities.
- Close proximity to the Rocky Mountains provides additional opportunities for hiking, skiing, and other mountain adventures.
- Local Services:
- Residents enjoy access to schools, shopping centers, and healthcare facilities within a short distance.
Scenic Acres remains a desirable neighborhood for buyers, offering a blend of natural beauty, strategic location, and strong real estate performance.