Saddle Ridge
Saddle Ridge

Saddle Ridge Housing Market Report

Buyer's Market

All types - for the month of April

Buyer's market Seller's market

6

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 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

41

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*

144

New

88(+33.33% YoY)

Relisted

2(+100.00% YoY)

Compared to number of active, same period, in 2024: 66, in 2023: 62, in 2022: -

Total Sold Listings*

26

Median Sold Price

$538,000

Avg Days on Market

41 days

Median Bidding

-$10,900

Compared to number of sold, same period, in 2024: 45, in 2023: 51, in 2022: -

*Data is for the month of April

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

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

Sold Price Distribution - Saddle Ridge - All types

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

Property Type Distribution - Saddle Ridge - All types

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

Median Price - Saddle Ridge - All types

Population and Demographics

Overview

Total population 20145
Average household income $115,331

Age (%)

0 to 19
30%
35 to 49
25%
20 to 34
24%
50 to 64
13%
65 and plus
8%

Household composition (%)

Single family
78%
Single person
10%
Multi person
7%
Multi family
5%

Mother tongue (%)

Punjabi (Panjabi)
41%
English
25%
Urdu
9%
Tagalog (Pilipino, Filipino)
6%
Others
3%
Hindi
3%
Gujarati
2%
Spanish
1%

House tenancy (%)

Owners
76%
Renters
24%

Top 1 School in Saddle Ridge

Light of Christ Catholic School6270 Saddlehorn Dr. N.E., T3J 0L8, Calgary, AB
6.6/10
Public

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

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

Few or no cafés within walking distance

Groceries

3/5

At least one grocery store within a 30-minute walk

Nightlife

0/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Some restaurants within walking distance