Discovery RidgeHousing market

Discovery Ridge

Discovery Ridge 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.

44

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*

15 active

New

10(+66.67% YoY)

Relisted

1(- YoY)

Compared to number of active, same period, in 2024: 4, in 2023: 8, in 2022: -

Total Sold Listings*

8 sold

Median Sold Price

$655,000

Avg Days on Market

44 days

Median Bidding

-$10,750

Compared to number of sold, same period, in 2024: 10, in 2023: 11, in 2022: -

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Discovery Ridge - All types

Sold vs Active vs New vs Relisted - Discovery Ridge - All types

Sold Price Distribution - Discovery Ridge - All types

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

Property Type Distribution - Discovery Ridge - All types

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

Median Price - Discovery Ridge - All types

Just listed - Discovery Ridge

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23 hours on market

456 Discovery Pl, Calgary

Detached4+25+13343.00 sq ft

Listed by LPT Realty

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5 days on market

35 Discovery Ridge Lane, Calgary

Detached3+24+12227.00 sq ft

Listed by Real Broker

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Re-listed 5 days ago

$•••,•••

20 Discovery Ridge Close #240, Calgary

Condo11742.00 sq ft

Listed by Century 21 Bamber Realty LTD.

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23 days on market

30 Discovery Ridge Close #218, Calgary

Condo11792.23 sq ft

Listed by Calgary West Realty

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28 days on market

$•••,•••

254 Discovery Ridge Way, Calgary

Detached4+24+12509.00 sq ft

Listed by RE/MAX First

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31 days on market

$•••,•••

138 Discovery Dr, Calgary

Townhouse33+11689.00 sq ft

Listed by Coldwell Banker Mountain Central

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32 days on market

79 Discovery Ridge Pk, Calgary

Detached3+332005.05 sq ft

Listed by CIR Realty

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44 days on market

$•••,•••

222 Discovery Pl, Calgary

Detached3+24+12399.00 sq ft

Listed by MaxWell Capital Realty

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46 days on market

20 Discovery Ridge Close #311, Calgary

Condo221277.04 sq ft

Listed by Calgary West Realty

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61 days on market

$•••,•••

130 Discovery Dr #42, Calgary

Townhouse34+22234.53 sq ft

Listed by RE/MAX House of Real Estate

Just sold - Discovery Ridge

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Sold 5 days ago

Sold for $475,000

30 Discovery Ridge Close #222, Calgary

Condo221306.00 sq ft

Listed by Century 21 Bravo Realty

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Sold 7 days ago

Sold for $465,500

$14K below asking

10 Discovery Ridge Close #427, Calgary

Condo221023.00 sq ft

Listed by Real Estate Professionals Inc.

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Sold 25 days ago

Sold for $450,000

$5K below asking

20 Discovery Ridge Close #519, Calgary

Condo221033.00 sq ft

Listed by Real Broker

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Sold 25 days ago

Sold for $990,000

$8K below asking

263 Discovery Ridge Blvd, Calgary

Detached3+14+12093.88 sq ft

Listed by First Place Realty

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Sold 29 days ago

Sold for $463,500

$5K below asking

30 Discovery Ridge Close #103, Calgary

Condo221197.00 sq ft

Listed by eXp Realty

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Sold 41 days ago

Sold for $1,250,000

$48K below asking

24 Discovery Ridge Rise, Calgary

Detached3+16+12546.00 sq ft

Listed by Homecare Realty Ltd.

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Sold 41 days ago

Sold for $660,000

$9K below asking

56 Discovery Woods Villas, Calgary

Semi-Detached2+131327.50 sq ft

Listed by RE/MAX House of Real Estate

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Sold 43 days ago

Sold for $345,000

20 Discovery Ridge Close #340, Calgary

Condo11740.00 sq ft

Listed by Calgary West Realty

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Sold 45 days ago

Sold for $452,000

30 Discovery Ridge Close #203, Calgary

Condo221193.15 sq ft

Listed by Century 21 Bamber Realty LTD.

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Sold 45 days ago

Sold for $1,858,740

$91K below asking

216 Discovery Dr, Calgary

Detached4+14+13331.01 sq ft

Listed by RE/MAX Real Estate (Central)

Population and Demographics

Overview

Total population 3334

Average household income $279,189

Age (%)

50 to 64

27%

0 to 19

26%

35 to 49

20%

65 and plus

14%

20 to 34

13%

Household composition (%)

Single family

74%

Single person

24%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

82%

Mandarin

3%

Spanish

2%

Korean

2%

Others

2%

Yue (Cantonese)

2%

Iranian Persian

2%

Russian

1%

French

1%

House tenancy (%)

Owners

83%

Renters

17%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

1/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

1/5

Few or no cafés within walking distance

Groceries

0/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Some shops within walking distance

Restaurants

1/5

Few or no restaurants within walking distance