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Reports • 1 November 2024

West Hillhurst NW – October 2024

by Hui Jillain
Calgary Real Estate Market Summary – West Hillhurst October 2024

Calgary Real Estate Market Summary – West Hillhurst October 2024

In October 2024, West Hillhurst experienced a strong real estate market with notable growth across key metrics:

  • Sales: 17 properties sold, reflecting an 89% year-over-year increase.
  • New Listings: 22 new properties were listed, marking a slight decrease of 8% compared to the previous year.
  • Inventory: Inventory totaled 38 units, showing a small 3% reduction year-over-year.
  • Benchmark Price: The overall benchmark price stood at $852,400, down 2% annually, with detached homes at $964,100, semi-detached at $926,500, row properties at $608,500, and apartments at $357,900.

With 2.24 months of supply, the market remains competitive, leaning towards balance but favoring buyers in some segments.

Community Features: West Hillhurst, located close to downtown Calgary, offers a blend of urban living and tranquil community charm. Its tree-lined streets, proximity to the Bow River, and extensive pathways make it ideal for outdoor enthusiasts. The area is known for top-rated schools, unique cafes, and a vibrant local culture, making it a preferred choice for families, young professionals, and retirees.

If you require additional details or insights, feel free to ask!

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