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Calgary latest real estate market West Hillhurst
Calgary Real Estate Market Summary: West Hillhurst – November 2024
Market Overview
West Hillhurst showed strong activity in November 2024, reflecting steady growth in Calgary’s real estate market. Key metrics include:
- Sales: 13 units sold, an 18% increase year-over-year.
- New Listings: 12 properties listed, consistent with last year.
- Inventory: 30 units available, down 17% compared to November 2023.
- Months of Supply: Declined to 2.31 months, indicating a seller’s market.
- Benchmark Price: Reached $875,700, a 0.9% year-over-year increase.
Housing Types:
- Detached Homes: $994,000 benchmark price, 3.3% year-over-year growth.
- Semi-Detached: $968,200, showing consistent performance.
- Row Housing: $609,500, with steady demand.
- Apartments: $356,100, reflecting affordability and appeal to first-time buyers.
Community Features
West Hillhurst remains a sought-after neighborhood, offering:
- Central Location: Minutes from downtown Calgary, ideal for professionals.
- Community Amenities: Access to top schools, parks, and trendy dining options.
- Active Lifestyle: Walking paths along the Bow River and fitness centers cater to outdoor enthusiasts.
- Historic Charm: A blend of modern homes and vintage architecture.
This mix of strong market performance and community appeal solidifies West Hillhurst as a prime choice for buyers and investors in Calgary. Let me know if you’d like more detailed insights!
Calgary latest real estate market West Hillhurst
