These 10 Calgary neighbourhoods have the most expensive real estate

Nov 5 2024, 5:04 pm

If you’ve been around Calgary, you may have noticed that some neighbourhoods are a little more ritzy than others, and new data has revealed the most expensive ones to buy real estate in and call home.

According to data provided to Daily Hive by Wahi, the online real estate platform rounded up the 10 most expensive neighbourhoods in Calgary across all property types from the first three quarters of this year, from January to September.

Looking at where the big bucks live, eight out of the top 10 were all in YYC’s southwest quadrant, with the outliers being the communities of Rosedale and University Heights in the northwest.

The top 10 most expensive neighbourhoods from January to September 2024, excluding anything fewer than five sales, were as follows:

  • #10. University Heights, with a median sold price of $1,122,500
  • #9. Pump Hill, with a median sold price of $1,125,000
  • #8. Elboya, with a median sold price of $1,200,000
  • #7. Rosedale, with a median sold price of $1,202,500
  • #6. Bayview, with a median sold price of $1,387,500
  • #5. Mayfair, with a median sold price of $1,650,000
  • #4. Upper Mount Royal, with a median sold price of $1,695,000
  • #3 Roxboro, with a median sold price of $1,800,000
  • #2. Britannia, with a median sold price of $1,982,500
  • #1 Elbow Park, with a median sold price of $2,045,000

Elbow Park also boasted the most sales this year, with 45 properties sold. Mayfair was the lowest, with just five properties, Wahi reported.

If you are on the hunt to buy a home in Calgary, a new report from Zoocasa has offered a glimmer of hope that you won’t be engaged in a wicked bidding war, either. Best of luck!

When it comes to the 10 most expensive neighbourhoods in Calgary for detached homes, you can find that right here.

Wahi says it sourced its data from the Calgary Real Estate Board and compared the differences between the median list and median sold prices for neighbourhoods with five or more sales to determine the most and least expensive neighbourhoods for all property types, condos, detached, semi-detached and townhomes. It excluded those neighbourhoods with fewer than five transactions over the nine-month period.

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