Market Performance
The Hawkwood real estate market in October 2024 exhibited the following highlights:
Sales: 7 homes were sold, reflecting a 30% decrease year-over-year.
New Listings: There were 11 new listings, marking a 38% increase from October 2023.
Inventory: Inventory increased significantly by 163% to 21 homes.
Months of Supply: The months of supply stood at 3.00, up 275%, indicating a shift towards a buyer’s market.
Benchmark Prices:
Total residential benchmark price: $679,700 (+3.3% YoY).
Detached homes: $747,300 (+6.0% YoY).
Row homes: $435,400 (+5.1% YoY).
Apartments: $348,400 (+3.3% YoY).
The data indicates a softening market, with inventory and months of supply increasing significantly, while benchmark prices continue to see moderate gains.
Community Features
Hawkwood is a picturesque community in Calgary, offering a blend of suburban comfort and natural beauty. Key features include:
Scenic Views: Situated on an elevated landscape, Hawkwood provides stunning views of the Rocky Mountains and the city skyline.
Accessibility: Easy access to major thoroughfares like Stoney Trail and Crowchild Trail, facilitating convenient commuting.
Amenities: A variety of nearby shopping centers, recreational facilities, and schools cater to the diverse needs of its residents.
Parks and Outdoor Spaces: Numerous green spaces and walking trails enhance the community’s appeal, promoting an active and outdoor-oriented lifestyle.
Despite evolving market conditions, Hawkwood remains a sought-after area for families and professionals looking for a vibrant yet serene community to call home.
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