Strathcona Park SW – October 2024

Calgary Real Estate Market Summary – Strathcona Park October 2024

Market Overview:

The real estate market in Strathcona Park experienced a robust performance in October 2024 with 10 residential sales, marking a 150% year-over-year increase. New listings increased to 11 units (up 57%), while the inventory remained stable at 9 properties. The benchmark residential price reached $831,000, representing a 10.5% annual increase, showcasing continued demand and appreciation in the area.

Property Types:

• Detached Homes:
  • Sales: 8 units sold, a 100% increase compared to last year.
  • Benchmark Price: $892,000, up 11.4% year-over-year.
• Semi-Detached Homes:
  • Sales: 2 units.
  • Benchmark Price: $533,000, a 10% increase annually.

The months of supply for the market was 0.90, indicating a competitive, seller-friendly environment.

Community Features:

Strathcona Park is a sought-after neighborhood in Calgary’s West District, known for its blend of suburban charm and proximity to urban conveniences. Highlights include:

• Parks and Green Spaces:
  • Residents enjoy access to Strathcona Ravines and several walking trails, offering serene environments for outdoor activities.
• Community Amenities:
  • The community association organizes events and activities to foster a vibrant neighborhood spirit.
  • Proximity to Westside Recreation Centre, which features fitness facilities, skating rinks, and more.

Schools:

Strathcona Park is ideal for families, offering access to high-quality educational institutions:

• Olympic Heights School: A top-rated elementary school focusing on academic excellence.
• John Costello Catholic School: Serving students with faith-based and inclusive education.
• Proximity to Ernest Manning High School, known for its Advanced Placement and IB programs.

With its increasing property values, family-friendly atmosphere, and excellent amenities, Strathcona Park continues to attract buyers and investors, making it a prime location in Calgary.