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New property listed in Country Hills Village, Calgary

I have listed a new property at 2249 151 Country Village ROAD NE in Calgary. See details here

Welcome to your perfect new home in the prestigious Country Estates on the Cove, a 40+ Adult Living complex. This well-maintained 1-bedroom, 1-bathroom condo offers over 700 square feet of living space with a coveted southeast-facing balcony. The open-concept layout means nobody misses out on the party. From the spacious kitchen with light-wood cabinetry and white appliances to the dining/living room flow, whether you’re on your own or having family round for a visit everybody will be comfortable in this space. In-suite laundry, central air conditioning, a step in tub and your titled parking spot (on P2 just outside stairwell 7) makes everything about living here convenient. And the retractable shade on the balcony means you can enjoy that space even in the heat of the day. Don’t ever be bored with amenities and activities just outside your door. This beautiful condo complex features a swimming pool with 2 hot tubs, a wood working shop, a theatre, bowling alley and coffee stop. Not to mention the 2 libraries where you can swap books and for those events you want to host but your unit isn’t large enough there’s a gazebo in the courtyard that you can rent for special occasions. Located in the thriving Country Hills Village community, you're close to shopping, dining, transit, and essential services. The building features include secure entry, elevator access, professional on-site management, and well-maintained common areas. Condo fees include heat, water, electricity and all amenity and common-area maintenance.

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New property listed in Bowness, Calgary

I have listed a new property at 4611 83 STREET NW in Calgary. See details here

*** VERY MOTIVATED SELLER *** Property sold as is, where is, at time of possession. No warranties or representations. This little bungalow in the heart of Bowness lends itself to several options; buy and hold; buy and rent; buy and build or buy and live in it. Three bedrooms and a bathroom on the main floor with lots of storage downstairs. The garage and big yard lends itself to even more ideas.

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New property listed in University District, Calgary

I have listed a new property at 509 4138 University AVENUE NW in Calgary. See details here

Welcome to this stunning southwest corner unit in the heart of The University District! This bright and airy 2-bedroom, 2-bath condo offers modern living with spectacular views of the Alberta Children's Hospital and surrounding area. The thoughtfully designed open-concept layout features premium vinyl plank flooring throughout, creating a seamless flow between living spaces. Step into the open-concept living space, where air conditioning ensures year-round comfort, and durable vinyl plank flooring adds style and practicality creating a seamless flow between spaces. The kitchen showcases sleek quartz countertops, a spacious island, and premium appliances. Whether you're hosting friends or enjoying a quiet dinner, the setup is ideal. Comfort meets convenience with in-suite laundry and air conditioning, ensuring year-round comfort. The August offers an impressive array of amenities including a recreation room, rooftop deck, bicycle storage, and a convenient car wash in the secure parking. Two titled parking stalls (#313 & #314) plus additional storage make this unit an exceptional value, while visitor parking ensures your guests are always accommodated. Located in the vibrant University District, this pet-friendly puts you steps away from an array of amenities. Savour local flavours at OEB Breakfast Co., Monogram Coffee, or YYC Pasta Bar. Stock up on essentials at Save-On-Foods located across the avenue, or explore the diverse shopping options at University District Central. Two elevators ensures easy access while the prime location offers direct routes to transportation hubs. Whether you're a professional working at the nearby Alberta Children's Hospital, a student at the University of Calgary, or someone seeking a modern, urban lifestyle, this thoughtfully appointed condo provides the perfect blend of comfort, convenience, and contemporary living. This turnkey property represents an exceptional opportunity to live in one of Calgary's most sought-after neighbourhoods. Don't miss your chance to call this spectacular unit home.

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New property listed in Bridlewood, Calgary

I have listed a new property at 413 Bridlewood COURT SW in Calgary. See details here

Welcome to 413 Bridlewood Court SE, a meticulously maintained family home that seamlessly blends modern upgrades with timeless appeal. Situated on a cul-de-sac, this exceptional property showcases three spacious bedrooms and three and a half bathrooms, offering the perfect balance of comfort and functionality for today's lifestyle. Step inside to discover gleaming hardwood floors throughout the main living areas, creating an elegant and warm atmosphere. The chef's kitchen features premium stainless steel appliances, light-wood cabinets and granite counter tops. Natural light floods the interior through strategically placed windows and a beautiful skylight, creating bright and inviting spaces throughout. The cathedral ceiling in the living room adds to the spacious feeling in this like-new home. The fully finished basement provides additional living space, perfect for a recreation room, home office, or entertainment area. Recent upgrades demonstrate the outstanding care invested in this home. In 2023, the property received a new furnace, hot water tank, and humidifier, this combined with the central air conditioning ensure optimal comfort and efficiency. The exterior was transformed in 2021 with durable Hardie board siding, new eavestrough, and trim. A clay tile roof installed in 2015 adds both character and longevity, while fresh paint and new carpet from 2019 maintain a contemporary feel throughout. The outdoor living space is equally impressive, featuring exposed aggregate sidewalks and patios (installed in 2016) that provide both durability and aesthetic appeal. A sophisticated 24-foot Lumon® patio cover, also added in 2016, extends the outdoor living season and provides protection from the elements. Car enthusiasts will appreciate the insulated and heated double attached garage with full Diamondtrax® flooring, complemented by an extra-large exposed aggregate driveway that offers abundant parking space for vehicles and guests.

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Calgary Real Estate Market Overview - December 2024
Calgary Real Estate Market Overview - December 2024

Calgary Real Estate Market Overview - December 2024

As we step into 2025, the Calgary real estate market reflects a year of notable activity and price growth, despite some fluctuations in sales. Below is a comprehensive analysis of the market's performance in December 2024, highlighting key statistics and trends. CREB Calgary December 2024 Market Statistics PDF

Sales and Inventory Trends

In December 2024, Calgary recorded 1,322 sales, marking a 3% decline from the previous year. However, this figure remains 20% higher than long-term trends. The total inventory stood at 2,989 units, which is an improvement compared to last year but still below long-term averages. The market saw a total of 1,239 new listings, indicating a slight decrease of 1% year-over-year.

  • Sales Overview:
    • Detached Homes: 613 sales (up 3%)
    • Semi-Detached Homes: 124 sales (up 7%)
    • Row Homes: 228 sales (down 10%)
    • Apartments: 357 sales (down 10%)

Price Growth

The overall benchmark price for residential properties increased by over 7% annually. Specific categories showed varying growth rates:

  • Detached Homes: $747,500 (up 7%)
  • Semi-Detached Homes: $677,600 (up 8%)
  • Row Homes: $583,300 (up 3%)
  • Apartments: $332,400 (up 7%)

This price growth reflects the impact of population gains and improved supply levels in higher-priced segments of the market.

Months of Supply

The months of supply for total residential properties was recorded at 2.90, indicating a balanced market condition. This metric varies across different property types:

  • Detached: 2.01 months
  • Semi-Detached: 2.09 months
  • Row: 2.26 months
  • Apartments: 1.59 months

Market Dynamics

The Calgary real estate market has been influenced by several factors:

  1. Population Growth: Continued population increases have supported higher sales activity.
  2. Supply Challenges: While there has been an improvement in inventory levels for higher-priced homes, lower-priced segments still face supply constraints.
  3. Economic Climate: The economic environment will play a crucial role in how supply impacts prices moving forward.

Graphical Representation

Below is a graphical representation of the benchmark prices across different districts in Calgary for December 2024:

DistrictBenchmark PriceYear-over-Year Change
City Centre $589,600 +0.2%
North $551,400 +1.0%
North East $512,100 +4.3%
North West $622,300 +1.4%
West $711,300 +7.1%
East $440,600 +9.0%
South $578,200 +5.7%
South East $575,200 +3.9%

Conclusion

As we move into the new year, the real estate landscape in Calgary appears poised for continued evolution influenced by supply dynamics and economic conditions. The upcoming forecast report from CREB® on January 21 will provide further insights into expectations and potential risks for the market in 2025. CREB®  December 2024 Calgary Regional Housing Market Statistics (PDF)

If you would like more information or personalized assistance regarding your real estate needs in Calgary, please contact:

Diane RichardsonDiane Richardson
Phone: 403.397.3706

Stay informed and make educated decisions in your real estate journey!

All information herein deemed reliable, but not guaranteed. Copyright © 2025, Diane Richardson, all rights reserved.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.