Recent Market Updates
May 2013
Calgary's residential real estate market is continuing to have a solid year but there are signs that the market is moderating. The under $500k market remains the strongest, the higher price ranges are well supplied with price sensitive sales activity. In the month of April, there were 60 homes sold in the $1 million+ category, out of a city wide inventory of 490 homes ( 12% of inventory sold). By comparison, single family homes under $500k, 1,028 homes sold out of an inventory of 1,358 homes (75% of inventory sold). Overall, prices are up 4% year over year and inventory is down 8% from a year ago. Compare this to a few months ago when we saw inventory down 15% and it is clear that the market is stabilizing to a much more healthy state.
- $2,990,000 Stanley Park - New Custom built luxury home located on quiet street steps to the Elbow River
- $2,350,000 Britannia - Gorgeous custom built 5 bedroom luxury family home in excellent location
- $1,990,000 Riverdale - One owner family home with total of 5 bedrooms and backing the Britannia Ridge
- $1,550,000 Richmond Park - Executive 2000 square foot bungalow with soaring ceilings + excellent layout
- $1,448,000 Pumphill - Contemporary and fully renovated custom home south backing to wooded environmental reserve
- $1,199,000 Hawks Landing - Executive walk out bungalow with 4000 sq ft of luxury living space in gorgeous golf community
- $1,148,000 Altadore - Lovely custom detached 2 storey 4 bedroom 3300 sq ft home on 30' wide lot
- $1,099,000 Parkhill - Spacious 2 storey home in dream location facing the park on quiet street
- $899,900 Wildwood - Renovated stunning home with unobstructed views on coveted Wildwood Drive
- $799,000 Hillhurst - Appealing 3 Bedroom split level home with fascinating design features, layout + city views OPEN HOUSE
- $795,000 Tuscany - Fabulous family home situated on Tusslewood's largest lot + with city views C/S
- $749,900 The Slopes - Over 1/2 acre of aspen covered private land ideal for luxury home C/S
- $699,900 West Hillhurst - Outstanding building opportunity on quiet location. 50 X 121 flat inner city corner lot SOLD
- $539,000 Cambrian Heights - Immaculately maintained 3 bedroom bungalow with 50' frontage x 73' across the back
- $520,000 Quarry Park - Fabulous open concept luxury end unit 1931 sq ft three bedroom 2.5 bath townhome
- $499,000 North Haven - Ranch style bungalow 1783 square foot on large flat lot with mature trees SOLD
- $359,900 Sunnyside - Renovated 2 bedroom apartment style condo in a well maintained concrete building SOLD
- $2,699,000 Mount Royal - Gorgeous traditional Mount Royal home on 72x140 beautifully landscaped lot FORMERLY: $2,899,000
- $2,499,900 Riverdale - Backing onto the Elbow River with 4800 square ft of luxury living FORMERLY:$2,699,900
- $2,099,000 Mount Royal - Renovated executive residence on 75 x 135 Estate lot overlooking Cartier Park FORMERLY: $2,250,000
- $1,999,900 Elbow Park - Outstanding River Estate property! Beautifully renovated five bedroom family home FORMERLY: $2,499,900
- $1,499,000 Elbow Park - Prime location + prime opportunity, 4500+ sq ft walk-out raised bungalow FORMERLY: $1,599,000
- $1,475,000 Scarboro - Brand new 4 bedroom family home 3400 sq ft of living space FORMERLY: $1,525,000 OPEN HOUSE
- $1,295,000 Elbow Park - Stunning, renovated executive bungalow on west backing beautifully landscaped lot FORMERLY: $1,329,000
- $899,900 Wildwood - Renovated stunning home with unobstructed views on coveted Wildwood Drive FORMERLY: $999,000
- $755,000 Meadowlark Park - Beautiful renovated 1440 square foot 3 bedroom bungalow in excellent location FORMERLY: $799,900
- $520,000 Quarry Park - Fabulous open concept luxury end unit 1931 sq ft three bedroom 2.5 bath townhome FORMERLY: $530,000
- $3,995,000 Britannia Drive - Custom built 5000 sq ft luxury home on 11,000 square foot lot with city views SOLD
- $2,990,000 Rural Foothills - Sprawling bungalow situated on 8 magnificent acres on the Bow River C/S
- $2,949,000 Eau Claire - Stunning 3200 sq ft Sub-Penthouse Condominium at the prestigious Princeton Grand C/S
- $1,999,000 Rural Foothills - Fabulous country residence with city views of Calgary C/S
- $1,699,900 Varsity Estates - Brand new custom built Eco contemporary home in spectacular location SOLD
- $1,699,000 Springbank Hill - Beautiful 4100 square foot home with amazing mountain views SOLD
- $1,260,000 Elbow Park - Charming traditional 3 bedroom 1 1/2 storey home situated on gorgeous tree lined street SOLD
- $1,395,000 Britannia - Building lot with 9700 square feet in quiet location SOLD
- $1,149,000 Parkhill - Outstanding 2 1/2 storey ridge home on the ridge + with fabulous views SOLD
- $1,187,000 Mayfair - Sprawling bungalow on 100x120 sq ft cul de sac lot SOLD
- $1,080,000 Parkhill - Fantastic plan with over 3000 sq ft of functional living space and views SOLD
- $879,000 Eau Claire - Spacious town home located on the Bow River in the hub of Eau Claire SOLD
- $825,000 Garrison Woods - Spectacular professionally renovated rare executive bungalow condominium SOLD
- $795,000 Tuscany - Custom built family home situated on Tusslewood's largest lot with city views SOLD
- $749,900 The Slopes - Over 1/2 acre of aspen covered private land in popular neighborhood C/S
- $699,900 West Hillhurst - Outstanding building opportunity on quiet location. 50 X 121 flat inner city corner lot SOLD
- $649,900 Christie Park Estate - Prestigious Christie Park Estates Home, 3 bedroom, 3.5 bath home C/S
- $645,000 Woodbine - Outstanding 4 plus 1 renovated spacious two story home on quiet cul de sac SOLD
- $639,900 Montgomery - Brand new home with west facing backyard SOLD
- $619,900 Hillhurst - Charming character home located on one of Calgary's most sought-after streets SOLD
- $499,000 North Haven - Spacious ranch style bungalow on large flat lot with mature trees SOLD
- $490,000 Garrison Woods - Exceptionally rare 1350 sq ft 2 bedroom 2 full bath executive condo SOLD
- $449,000 Arbour Lake - Original owner! Immaculate 3 bedroom two story in quiet location SOLD
- $359,900 Sunnyside - Totally cute 2 bedroom renovated apartment style condo SOLD
- $259,000 Lower Mount Royal - Fantastic 4th floor end unit in the 1912 Historic Anderson Building SOLD
- $214,900 Huntington Hills - Outstanding 2 bedroom townhouse in a fantastic location C/S
SUNDAY MAY 26
SCARBORO $1,475,000 @ 506 SCARBORO AVE SW FROM 2:30PM-4:00PM
SATURDAY JUNE 1
HILLHURST $799,000 @ 1632 WESTMOUNT BLVD SW FROM 2:30PM-4PM
Rooney, Cronin + Valentine are industry leaders in residential real estate. To buy or sell with the City's #1 RE/MAX Team, call 403-543-4499!
Visit www.RooneyCroninValentine.com for photos + details on all of our listings.
You and your referrals are our #1 priority!
Donna Rooney, Gary Cronin, Warren Cronin + Sue Anne Valentine
