Springbank HillHousing market

Springbank Hill

Springbank Hill Housing Market Report

Balanced Market

All types - for the month of April

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.

37

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*

63 active

New

34(+25.93% YoY)

Relisted

2(- YoY)

Compared to number of active, same period, in 2024: 30, in 2023: 32, in 2022: 1

Total Sold Listings*

15 sold

Median Sold Price

$823,500

Avg Days on Market

37 days

Median Bidding

-$16,000

Compared to number of sold, same period, in 2024: 23, in 2023: 14, in 2022: 0

*Data is for the month of April

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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13 hours on market

69 Springborough Crt #212, Calgary

Condo22863.00 sq ft

Listed by RE/MAX House of Real Estate

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18 hours on market

86 Cortina Way, Calgary

Detached3+14+12137.77 sq ft

Listed by First Place Realty

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19 hours on market

7732 Springbank Way, Calgary

Detached3+14+12587.80 sq ft

Listed by Real Estate Professionals Inc.

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4 days on market

7451 Springbank Blvd #2306, Calgary

Condo221179.64 sq ft

Listed by MaxWell Capital Realty

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5 days on market

16 Spring Valley Way, Calgary

Detached4+16+24279.18 sq ft

Listed by eXp Realty

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6 days on market

11 Elveden Pl, Calgary

Detached4+19+45701.55 sq ft

Listed by eXp Realty

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6 days on market

26 Val Gardena View #206, Calgary

Condo11635.00 sq ft

Listed by Bricks & Mortar...Everything Real Estate

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8 days on market

122 Spring Creek Common, Calgary

Townhouse221220.00 sq ft

Listed by Century 21 Bamber Realty LTD.

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10 days on market

296 Spring Creek Cir, Calgary

Detached4+14+12389.45 sq ft

Listed by Homecare Realty Ltd.

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13 days on market

$•••,•••

95 St Moritz Terr, Calgary

Detached43+12596.00 sq ft

Listed by Real Broker

Just sold - Springbank Hill

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Sold for $2,650,000

$51K above asking

7 Timberline Gate, Calgary

Detached5+15+14082.02 sq ft

Listed by Coldwell Banker Mountain Central

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Sold for $1,165,000

$15K above asking

42 Elkton Way, Calgary

Detached3+15+22956.00 sq ft

Listed by Real Estate Professionals Inc.

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Sold 2 days ago

Sold for $2,050,000

$149K below asking

29 Timberline Crt, Calgary

Detached3+15+13543.10 sq ft

Listed by eXp Realty

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Sold 5 days ago

Sold for $910,000

$38K below asking

137 St Moritz Pl, Calgary

Detached3+24+11915.00 sq ft

Listed by RE/MAX First

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Sold 7 days ago

Sold for $799,000

2331 77 St, Calgary

Townhouse33+11587.00 sq ft

Listed by Sotheby's International Realty Canada

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Sold 7 days ago

Sold for $1,150,000

157 Springborough Green, Calgary

Detached3+14+12413.00 sq ft

Listed by CIR Realty

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Sold 8 days ago

Sold for $1,500,000

$25K below asking

19 Spring Willow Way, Calgary

Detached4+14+13013.40 sq ft

Listed by Century 21 Bamber Realty LTD.

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Sold 10 days ago

Sold for $1,530,000

$119K below asking

8 Timberline Gate, Calgary

Detached333550.00 sq ft

Listed by Real Broker

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Sold 13 days ago

Sold for $895,000

87 Elysian Cres, Calgary

Semi-Detached1+23+11701.00 sq ft

Listed by Real Estate Professionals Inc.

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Sold 13 days ago

Sold for $700,000

$18K below asking

83 Spring Willow Close, Calgary

Townhouse3+13+11721.00 sq ft

Listed by RE/MAX First

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