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Calgary real estate market summary – Garrison Woods October 2024
Market Highlights:
- Sales and Inventory:
- Sales: 6 properties sold in October, marking a 100% year-over-year increase.
- Inventory: There were 7 active listings, a 13% decrease from last year.
- Months of Supply: Stands at 1.17, indicating a seller’s market.
- Pricing:
- Detached Homes: Benchmark price of $1,062,500.
- Semi-Detached Homes: Benchmark price of $695,000.
- Row Homes: $390,000 (approximate).
- Total Benchmark Price: $695,000, reflecting a 6.1% year-over-year increase.
- New Listings:
- A total of 9 new listings, up 125% year-over-year.
Community Features of Garrison Woods:
- Historic Charm:
- Garrison Woods is a vibrant and unique community located in southwest Calgary, known for its mix of modern and historical character.
- Originally developed on former military base lands, the neighborhood retains a charming, village-like atmosphere.
- Proximity to Amenities:
- Walking distance to Marda Loop, one of Calgary’s trendiest districts, featuring boutiques, restaurants, and cafes.
- Nearby access to grocery stores, fitness centers, and professional services.
- Recreational Opportunities:
- Beautiful parks, green spaces, and pathways for walking, running, or biking.
- Close to the Glenmore Athletic Park and River Park for outdoor activities.
- Family-Friendly Environment:
- Offers excellent schools like Lycee Louis Pasteur and Clear Water Academy.
- A variety of housing options, from townhomes to luxury detached houses, cater to diverse family needs.
- Access to Major Roads and Transit:
- Convenient access to Crowchild Trail and close proximity to downtown Calgary.
- A well-connected transit system makes commuting simple and accessible.
Garrison Woods continues to attract families and professionals seeking a mix of heritage, convenience, and modern living. The upward pricing trends and limited inventory suggest strong demand. Let me know if you need further details or comparisons!
