Banff Trail
Banff Trail

Banff Trail Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

2

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

17

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

9

New

8(+60.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: 9, in 2022: -

Total Sold Listings*

6

Median Sold Price

$997,475

Avg Days on Market

17 days

Median Bidding

-$22,000

Compared to number of sold, same period, in 2024: 5, in 2023: 9, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Banff Trail - All types

Sold vs Active vs New vs Relisted - Banff Trail - All types

Sold Price Distribution - Banff Trail - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Banff Trail - All types

Property type distribution based on data from the last 3 months.

Median Price - Banff Trail - All types

Just sold - Banff Trail

View all

Population and Demographics

Overview

Total population 3247
Average household income $156,041

Age (%)

20 to 34
35%
35 to 49
20%
0 to 19
18%
50 to 64
15%
65 and plus
11%

Household composition (%)

Single family
49%
Single person
34%
Multi person
17%
Multi family
0%

Mother tongue (%)

English
78%
Mandarin
6%
Others
4%
Yue (Cantonese)
3%
Spanish
3%
Tagalog (Pilipino, Filipino)
2%
Arabic
1%

House tenancy (%)

Renters
57%
Owners
43%

Top 1 School in Banff Trail

William Aberhart High School3009 Morley Trail NW, T2M 4G9, Calgary, AB
8.3/10
Public•

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Few day-to-day needs are within walking distance

Transit Friendly

3/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Some cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Some restaurants within walking distance