Springbank HillHousing market

Springbank Hill

Springbank Hill Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

4

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.

20

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*

55 active

New

34(-8.11% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 35, in 2023: 27, in 2022: -

Total Sold Listings*

14 sold

Median Sold Price

$948,000

Avg Days on Market

20 days

Median Bidding

-$11,894

Compared to number of sold, same period, in 2024: 28, in 2023: 18, in 2022: -

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Springbank Hill - All types

Sold Price Distribution - Springbank Hill - All types

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

Property Type Distribution - Springbank Hill - All types

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

Median Price - Springbank Hill - All types

Just listed - Springbank Hill

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9 hours on market

7451 Springbank Blvd #1104, Calgary

Condo221129.00 sq ft

Listed by CIR Realty

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11 hours on market

26 Val Gardena View #440, Calgary

Condo22843.19 sq ft

Listed by Century 21 Bamber Realty LTD.

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1 day on market

26 Val Gardena View #455, Calgary

Condo22822.86 sq ft

Listed by RE/MAX Complete Realty

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3 days on market

2231 81 St #203, Calgary

Townhouse23+11380.49 sq ft

Listed by Bode Platform Inc.

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7 days on market

7 Mystic Ridge Way, Calgary

Detached4+25+13609.00 sq ft

Listed by Century 21 Bamber Realty LTD.

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9 days on market

10 Spring Valley Pl, Calgary

Detached3+25+13549.82 sq ft

Listed by eXp Realty

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9 days on market

2231 81 St #501, Calgary

Townhouse33+11533.20 sq ft

Listed by Bode Platform Inc.

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9 days on market

2026 81 St #519, Calgary

Condo21756.17 sq ft

Listed by Bode Platform Inc.

Floor plan for 2231 81 STREET SOUTHWEST, Calgary Alberta T3H3V8

10 days on market

2231 81 STREET SOUTHWEST , Calgary

Condo33+11737.83 sq ft

Listed by Bode Platform Inc.

Patio, building for 91 SPRING WILLOW CLOSE SOUTHWEST, Calgary Alberta T3H3V8

12 days on market

91 SPRING WILLOW CLOSE SOUTHWEST , Calgary

Condo33+11612.7 sq ft

Listed by First Place Realty

Just sold - Springbank Hill

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Sold for $823,500

$16K below asking

19 Spring View, Calgary

Detached3+14+11820.70 sq ft

Listed by Grand Realty

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Sold for $262,500

$7K below asking

26 Val Gardena View #339, Calgary

Condo11626.00 sq ft

Listed by Power Properties

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Sold 2 days ago

Sold for $588,000

$6K below asking

88 Spring Willow Close, Calgary

Townhouse23+11265.00 sq ft

Listed by Century 21 Bamber Realty LTD.

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Sold 3 days ago

Sold for $1,110,000

233 Spring Creek Cir, Calgary

Detached3+14+12184.00 sq ft

Listed by Homecare Realty Ltd.

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Sold 13 days ago

Sold for $330,000

$10K below asking

69 Springborough Crt #241, Calgary

Condo22831.97 sq ft

Listed by Real Broker

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Sold 17 days ago

Sold for $809,000

$11K below asking

2319 81 St, Calgary

Townhouse3+14+11941.06 sq ft

Listed by eXp Realty

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Sold 18 days ago

Sold for $344,500

69 Springborough Crt #208, Calgary

Condo22828.02 sq ft

Listed by Real Broker

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Sold 22 days ago

Sold for $1,150,000

$61K above asking

420 St Moritz Dr, Calgary

Detached3+14+12128.16 sq ft

Listed by eXp Realty

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Sold 25 days ago

Sold for $1,785,000

$15K below asking

3 Timberline Gate, Calgary

Detached3+14+13436.47 sq ft

Listed by RE/MAX First

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Sold 28 days ago

Sold for $831,500

$8K below asking

8 Springbank Crt, Calgary

Detached1+33+11460.00 sq ft

Listed by Lee Associates Calgary Inc

Population and Demographics

Overview

Total population 10258

Average household income $234,606

Age (%)

0 to 19

29%

50 to 64

23%

35 to 49

23%

20 to 34

13%

65 and plus

12%

Household composition (%)

Single family

81%

Single person

16%

Multi person

2%

Multi family

1%

Mother tongue (%)

English

71%

Mandarin

7%

Korean

4%

Yue (Cantonese)

3%

Spanish

3%

Iranian Persian

2%

Others

2%

Arabic

2%

French

1%

House tenancy (%)

Owners

86%

Renters

14%

Top 5 Schools in Springbank Hill

Rundle College Elementary School7615 - 17 Ave SW, T3H 3W5, Calgary, AB

9.4/10

Public•

Rundle College Junior Senior High7375 - 17 Avenue SW, T3H 3W5, Calgary, AB

9.3/10

Public•

Ernest Manning High School20 Springborough Blvd SW, T3H 0N7, Calgary, AB

8.3/10

Public•

Griffith Woods School7652 26 Ave SW, T3H 3X2, Calgary, AB

7.5/10

Public•

Menno Simons Christian School7000 Elkton Drive S.W., T3H 4Y7, Calgary, AB

7.1/10

Public•

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

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

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

1/5

No grocery stores within walking distance

Nightlife

0/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance