These are the 10 most expensive neighbourhoods in Calgary right now

A July real estate report has revealed the most expensive neighbourhoods in Calgary, and only three topped the $1,000,000 mark. 

According to the digital real estate platform Wahi’s July report, only a few neighbourhoods in the city recorded median sold prices above the $1,000,000 mark this month.

Here are the 10 most expensive neighbourhoods in Calgary right now; 

1. Elbow Park with a median sold price of $1,655,000
2. Lake Bonavista with a median sold price of $1,136,950
3. Altadore with a median sold price of $1,100,000
4. Killarney/Glengarry with a median sold price of $960,000
5. Strathcona Park with a median sold price of $938,800
6. Hamptons with a median sold price of $925,000
7. Rosscarock with a median sold price of $892,500
8. West Hillhurst with a median sold price of $885,000
9. Mount Pleasant with a median sold price of $877,500
10. Ramsay with a median sold price of $865,000

While Elbow Park takes the top of the list, it is no comparison to the month of June, where Upper Mount Royal was the most expensive neighbourhood with a whopping median sold price of $3,625,000.

Jeff Whyte/Shutterstock

Lake Bonavista saw the largest change in year-to-year price changes with a 31 per cent increase, while West Hillhurst saw a change of negative 25 per cent.

Sunalta was the leader of the least expensive neighbourhoods in Calgary with a median sold price of $194,300. The neighbourhood of Red Carpet followed suit, along with Downtown East Village, Lower Mount Royal, and Skyview Ranch, all with median sold prices below $350,000.

If you were curious about how the real estate market as a whole is shaping up in Calgary, we got the low down on why a cool down is happening in YYC.

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