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SW Calgary Market Stats: March 2015

Southwest Calgary home & condos sales dropped 34% in March as oil continues to sell for 1/2 of what it did 9 months ago. Many buyers continue to sit on the sidelines waiting for the price of oil to find a bottom.

Southwest Calgary condo sales fell 36%, while SW Calgary home sales dropped by 33% vs March 2014.

The median price for Southwest (SW) Calgary homes fell 8% to $575,000 in March, with the average SW home selling for 3.6% under list price. The price of SW condos was also 3.6% lower with a median sale price of $300,000. The sale price to list price ratio for SW condos was 96.9%.

SW Calgary Home & Listing Sales Stats

March 2015 Southwest Calgary Sales & MLS® System Stats

315 Southwest Calgary homes sold on the Calgary MLS® System in March 2015, a 32.5% decrease from same period in 2014

  • Median sale price of $575,000, down 8.4% from the same period 2014
  • Average sale price of $688,036, down 3.6% from same period 2014
  • Average days on market (DOM) for SW Calgary home sales = 34 days
  • March Sale price to List price ratio for SW Calgary homes = 96.4%
  • Average Sale Price per Square Foot = $392/Sq Ft
  • Median Sale Price per Square Foot = $364/Sq Ft
  • Somerset & Woodbine were the most active SW districts each with 15 home sales recorded in March

256 Southwest Calgary condos sold on the Calgary MLS® System in March 2015, down 36.2% from the same period 2014

  • Median sale price of $322,000, down 3.9% from the same period 2014
  • Average sale price of $353,078, 0.1% higher than same period last year
  • Average days on market (DOM) for SW Calgary condo sales = 53 days
  • March Sale price to List price ratio for SW Calgary condos = 96.9%
  • Average Sale Price per Square Foot = $368/Sq Ft
  • Median Sale Price per Square Foot = $356/Sq Ft
  • Connaught was again the most active SW district with 29 condo sales recorded in March

SW Calgary 1st Quarter 2015 Sales Stats

1st Quarter 2015 (January 1st - March 31st) real estate sales for SW Calgary on the Calgary MLS® system consisted of a total of 1,210 property sales, a 40% drop from 2014 first quarter sales.

629 SW Calgary homes sold 1st Quarter 2015

  • SW Calgary homes sales down 40.5% vs 1st quarter 2014
  • 1st QTR Median SW Calgary home sale price = $562,000 down 6.0% from vs 1st QTR 2014
  • 1st QTR Average SW Calgary home sale price = $656,820 down 4.7% from 1st QTR 2014
  • Avg. DOM for SW Calgary homes = 35 days vs. 33 days 1st QTR 2014
  • 1st quarter Sale Price to List Price ratio for SW Calgary homes = 96.8%

581 SW Calgary condos sold 1st Quarter 2015

  • SW Calgary condo sales down 39.5% vs 1st quarter 2014
  • 1st QTR Median SW Calgary condo sale price = $315,000 down 6.0% vs 1st QTR 2014
  • 1st QTR Average SW Calgary condo sale price $354,045 down 6.0% vs 1st QTR 2014
  • Avg DOM for SW Calgary condos = 40 days vs. 33 days 1st QTR 2014
  • 1st quarter Sale Price to List Price ratio for SW Calgary Condos = 97.1%

View the NEWEST Calgary Real Estate Listings, updated each day for the entire city. Also visit our Southwest, Northwest or Southeast pages for all current properties for sale.

Questions about Southwest Calgary real estate or neighbouring areas? Please email or phone Jim Sparrow @ 403-252-5900 and we'll be happy to assist you.

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Welcome To This Magnificent Home In The Prestigious...

$8,180,000
Calgary, Alberta
6 br, 8 ba, 6,296 ft² Detached
Price:
$8,180,000
City:
Calgary
Beds:
6
Baths:
8
Type:
Detached
MLS® #:
C3653337
Provider:
Engel & Volkers Calgary

Welcome To This Magnificent Home In The Prestigious Community Of Pumphill. This Gated Masterpiece Is...

C3653337 Welcome to this magnificent home in the prestigious community of Pumphill. This gated masterpiece is nestled on a private 1.68 acres and...
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**open House Sat. April 18 @ 2-4:30pm** Welcome To...

$6,999,000
Calgary, Alberta
4 br, 6 ba, 4,049 ft² Detached
Price:
$6,999,000
City:
Calgary
Beds:
4
Baths:
6
Type:
Detached
MLS® #:
C3652931
Provider:
Engel & Volkers Calgary

**open House Sat. April 18 @ 2-4:30pm** Welcome To Prestigious Elbow Park & Experience This Incomparable...

Calgary Listing for Sale at 611 Sifton Bv Sw, Elbow Park_Glencoe
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Located Within The City, This Magnificent Gated Estate...

$6,900,000
Calgary,
5 br, 7 ba, 8,684 ft² Detached
Price:
$6,900,000
City:
Calgary
Beds:
5
Baths:
7
Type:
Detached
MLS® #:
C4000662
Provider:
Royal Lepage Foothills

Located Within The City, This Magnificent Gated Estate Sits On A 2 Acre Parcel On The Crest Of Anatapi...

Calgary Board MLS® System listing at 81 Anatapi Ln Sw, C4000662
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Gst Included In Price.stunning 3077 Square Foot Penthouse...

$6,037,500
Calgary, Alberta
2 br, 2 ba, 3,077 ft² Apartment
Price:
$6,037,500
City:
Calgary
Beds:
2
Baths:
2
Type:
Apartment
MLS® #:
C3642610
Provider:
Re/max Real Estate (central)

Gst Included In Price.stunning 3077 Square Foot Penthouse Residence In Calgary's Newest Luxury Development,...

Calgary Board MLS® System listing at #12 304 26 Av Sw, C3642610
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Gst Included In Price. Fabulous Skyplex 3300 Square...

$5,932,500
Calgary, Alberta
2 br, 3 ba, 3,303 ft² Apartment
Price:
$5,932,500
City:
Calgary
Beds:
2
Baths:
3
Type:
Apartment
MLS® #:
C3641105
Provider:
Re/max Real Estate (central)

Gst Included In Price. Fabulous Skyplex 3300 Square Foot Two Storey Residence In Calgary's Newest Luxury...

Calgary Board MLS® System listing at #7 304 26 Av Sw, C3641105
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Unrivalled Attention To Detail In This Stunning Contemporary...

$5,750,000
Calgary,
5 br, 6 ba, 4,531 ft² Detached
Price:
$5,750,000
City:
Calgary
Beds:
5
Baths:
6
Type:
Detached
MLS® #:
C4001644
Provider:
Re/max Real Estate (central)

Unrivalled Attention To Detail In This Stunning Contemporary Home Built By Insignia Developments.

Calgary Board MLS® System listing at 4328 Britannia Dr Sw, C4001644
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Neighbourhoods of Southwest Calgary

SW Calgary is comprised of over 80 different communities, and offers homes and condos in every price range, from starter to estate properties.Southwest Calgary is also home to some of the city's wealthiest and most sought after communities, such as Britannia, Mount Royal and Elbow Park, where the natural beauty and quality of life in Canada's most exciting city is undeniable. To view the most prestigious SW Calgary property currently listed for sale visit Southwest Calgary Luxury Real Estate.

Browse the many southwest Calgary communities to find the best fit for your lifestyle, or view all current SW Calgary real estate for sale. All of our SW Calgary neighbourhood pages include school information along with much more.

If you have any questions about southwest Calgary real estate, or neighbouring areas, please fill out our contact form, or call 403-703-2404 for assistance

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Disclaimer: Information herein deemed reliable but not guaranteed by the CREB and EREB.

Listing information last updated on April 18th, 2015 at 1:00pm MDT.

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