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Calgary latest real estate market West Springs
Calgary Real Estate Market Summary: West Springs – November 2024
Market Overview
West Springs saw an active real estate market in November 2024, with notable increases in sales and listings compared to previous years. The benchmark price for total residential properties reached $814,300, reflecting a 6.4% year-over-year increase. Here are key highlights:
- Sales: 20 units were sold, a 43% increase from the previous year.
- New Listings: 24 new properties were listed, up by 71%.
- Inventory: Total inventory stood at 40, doubling compared to the prior year.
- Months of Supply: Increased to 2.00 months, indicating a balanced market.
- Price Growth: Detached homes benchmarked at $1,072,000, semi-detached at $758,600, row housing at $516,000, and apartments at $469,600.
Community Features
West Springs is a desirable Calgary neighborhood offering a blend of urban convenience and suburban tranquility. It is known for:
- Proximity to Amenities: Close to top-rated schools, parks, and shopping centers.
- Green Spaces: Residents enjoy abundant walking paths, natural parks, and recreational facilities.
- Family-Friendly Environment: The community attracts families due to its safety, schools, and community-oriented events.
- Luxury Living Options: High-end homes and modern townhouses cater to a range of buyers.
This November, West Springs continues to showcase a thriving real estate environment, underpinned by its community appeal and robust housing market dynamics. Let me know if you’d like a detailed breakdown or further analysis!
Calgary latest real estate market West Springs
