Market Overview:
In Copperfield, November 2024 exhibited steady real estate activity with total residential sales at 25 transactions, marking a 14% decline year-over-year. The benchmark price for all residential properties was $525,500, reflecting a 4% annual increase. Inventory levels stood at 30 units, leading to a months-of-supply ratio of 1.20, indicative of a balanced market with slight seller advantages.
Detached Homes: The benchmark price reached $646,600, showing a 13.8% annual increase.
Row Housing: With a benchmark price of $440,800, this segment observed a 5.8% growth year-over-year.
Apartments: Valued at $352,500, the apartment market grew by 4%.
Community Features:
Copperfield's strategic location near both Deerfoot Trail and Stoney Trail enhances connectivity for residents, making it a desirable area for commuters. The community boasts numerous amenities, including green spaces, playgrounds, and local shopping centers, offering both convenience and lifestyle appeal. Proximity to major highways further connects residents to larger commercial hubs and the rest of Calgary, adding to Copperfield's livability and investment potential.
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