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Seton Real Estate Market Report - December 2024

Seton Real Estate Market Report - December 2024

Market Highlights:

  1. Overall Market Performance:

    • The benchmark price for residential properties in Seton stood at $470,600, showing a 5.3% year-over-year increase.

    • The average price of properties reached $466,070, up 2.2% compared to December 2023.

  2. Sales and Inventory:

    • 23 residential sales were recorded in December, a 10% year-over-year increase.

    • Inventory levels increased by 48%, reaching 62 active listings.

    • The months of supply rose to 2.70, reflecting a slightly balanced market.

  3. Property Types and Prices:

    • Detached Homes: Benchmark price at $761,000, with a 9.5% year-over-year rise.

    • Semi-Detached Homes: Benchmark price at $584,600, stable performance.

    • Row Homes: Benchmark price at $465,800, reflecting a 5.7% increase.

    • Apartments: Benchmark price at $376,900, up 5.2%.

  4. New Listings:

    • A total of 24 new listings entered the market in December, representing a 4% year-over-year increase.

Community Features:

  • Modern Urban Lifestyle: Seton is known as Calgary's "urban district," offering a blend of residential, retail, and commercial spaces.

  • Amenities: Home to the largest YMCA in the world, a state-of-the-art Cineplex, and the South Health Campus, Seton offers unparalleled convenience.

  • Walkability: Designed with walkable streetscapes, the community features parks, green spaces, and pathways connecting residents to amenities.

  • Access to Transit: Excellent connectivity through major roadways and public transit options, making it easy for residents to navigate the city.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.