Calgary’s buyers purchasing luxury homes and condos have dramatically shifted their focus away from areas impacted by the June 2013 floods.
The perennial leader for most multi-million dollar property sales - Elbow Park - is now 4th on the list of communities with most luxury property sales, while Discovery Ridge & Eau Claire, which ranked 8th & 9th at this time last year have fallen to 34th & 40th position.
Traditionally, communities such as Elbow Park and Mount Royal come to mind when thinking about million-dollar Calgary real estate. But in 2014 both fall short of topping the list of top million dollar communities and only Elbow Park makes the top five.
Top 5 Calgary Million Dollar Sales Communities
#5 Springbank Hill – (20) Sales