Yorkville – October 2024

Calgary Real Estate report Yorkville, October 2024

October 2024 Real Estate Summary for Yorkville, Calgary

Market Overview:

• Sales Activity: Yorkville reported 3 total residential sales in October, reflecting a 50% increase year-over-year (Y/Y).
• Price Trends:
  • The benchmark price across all residential property types increased by 24.9% Y/Y, reaching $727,000.
  • Detached homes had a benchmark price of $746,000, while row homes were priced at $530,000.
• Inventory: Inventory grew to 12 active listings, marking a 33% increase Y/Y.
• New Listings: There were 9 new listings this month, a 50% increase Y/Y.
• Months of Supply: The months of supply increased to 4.00 months, reflecting a more balanced market condition.

Community Highlights:

Yorkville, located in Calgary’s southwest, offers a blend of modern suburban living and convenient access to nature and amenities. Notable features include:

• Recreational Spaces: Access to nearby parks, playgrounds, and walking paths enhances outdoor activities.
• Family-Oriented Amenities: Yorkville is well-suited for families, with proximity to schools, child-friendly infrastructure, and retail options.
• Affordability and Growth: The increase in benchmark prices indicates rising demand and value in the neighborhood.

The Yorkville real estate market in October 2024 demonstrated strong growth in both sales and pricing, making it an attractive area for potential buyers and investors alike. Would you like a deeper breakdown of property types or comparisons with nearby communities?