Falconridge
Falconridge

Falconridge Housing Market Report

Balanced Market

All types - for the month of April

Buyer's market Seller's market

5

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.

30

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*

29

New

16(-5.88% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 8, in 2023: 13, in 2022: 0

Total Sold Listings*

6

Median Sold Price

$510,000

Avg Days on Market

30 days

Median Bidding

-$2,400

Compared to number of sold, same period, in 2024: 17, in 2023: 7, in 2022: 1

*Data is for the month of April

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

Sold vs Active vs New vs Relisted - Falconridge - All types

Sold Price Distribution - Falconridge - All types

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

Property Type Distribution - Falconridge - All types

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

Median Price - Falconridge - All types

Population and Demographics

Overview

Total population 5875
Average household income $98,935

Age (%)

0 to 19
29%
35 to 49
22%
20 to 34
21%
50 to 64
18%
65 and plus
11%

Household composition (%)

Single family
71%
Single person
18%
Multi person
8%
Multi family
3%

Mother tongue (%)

English
55%
Punjabi (Panjabi)
16%
Tagalog (Pilipino, Filipino)
6%
Urdu
4%
Spanish
3%
Others
3%
Arabic
3%
Hindi
1%
Vietnamese
1%

House tenancy (%)

Owners
69%
Renters
31%

Top 4 Schools in Falconridge

Bishop McNally High School5700 Falconridge Boulevard N.E, T3J 3N4, Calgary, AB
6.2/10
Public
Grant MacEwan School180 Falshire Dr NE, T3J 3A5, Calgary, AB
6.2/10
Public
Falconridge School1331 Falconridge Dr NE, T3J 1T4, Calgary, AB
4.2/10
Public
St. John XXIII School1420 Falconridge Drive N.E., T3J 2C3, Calgary, AB
2.9/10
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

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance