Penbrooke Meadows
Penbrooke Meadows

Penbrooke Meadows Housing Market Report

Strong Seller's Market

All types - for the month of March

Buyer's market Seller's market

1

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.

36

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*

17

New

19(+35.71% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 8, in 2023: 12, in 2022: -

Total Sold Listings*

12

Median Sold Price

$470,900

Avg Days on Market

36 days

Median Bidding

-$6,350

Compared to number of sold, same period, in 2024: 17, in 2023: 13, in 2022: -

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Penbrooke Meadows - All types

Sold Price Distribution - Penbrooke Meadows - All types

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

Property Type Distribution - Penbrooke Meadows - All types

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

Median Price - Penbrooke Meadows - All types

Population and Demographics

Overview

Total population 5545
Average household income $95,206

Age (%)

0 to 19
24%
50 to 64
22%
35 to 49
21%
20 to 34
19%
65 and plus
14%

Household composition (%)

Single family
62%
Single person
26%
Multi person
11%
Multi family
2%

Mother tongue (%)

English
66%
Vietnamese
8%
Tagalog (Pilipino, Filipino)
7%
Arabic
4%
Yue (Cantonese)
3%
Others
3%
Spanish
3%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

Top 1 School in Penbrooke Meadows

St. Peter Elementary School720 - 58 Street S.E., T2A 5L9, Calgary, AB
4.1/10
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

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

3/5

Some restaurants within walking distance