These five neighbourhoods are the most expensive in Calgary right now
The housing market in Calgary can be tricky to navigate, and it seems that some neighbourhoods are wildly expensive compared to others right now.
According to the digital real estate platform Wahi, several neighbourhoods in the city have some seriously luxurious homes for sale, resulting in a wickedly high median sold price.
When looking at all home sales across Calgary in February, four neighbourhoods surpassed the $1,000,000 mark for a median sold price.
It looks like the southwest is taking the market by storm, with three of the five neighbourhoods included in the list located in that quadrant of the city.
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The community of Red Carpet took the top spot with a median sold price of $1,238,000, wrangling first place from the community of Altadore in second place at $1,035,000.
Discovery Ridge came in third at $1,025,000, followed by Hamptons at $1,020,000 and Hounsfield Heights at $973,750.
Wahi added in its report that the median sold price for houses in those expensive Calgary neighbourhoods has risen wildly since last year, with Red Carpet’s median sold price sitting at $900,000, Altadore at $941,000, Discovery Ridge at $907,059, Hamptons at $898,444, and Hounsfield Heights at $735,000.
While we are on the topic of houses for sale in Calgary, check out these spots in YYC that are seeing detached homes selling the most, as well as these nearby communities that have WAY cheaper detached home prices than what’s the average for Calgary.
If you have some serious cash to spend on a house, a historic mansion in our city also just saw a $2,100,000 price drop.
Happy viewing!