Market Overview: As of August 2024, Rangeview continues to experience a robust real estate market, characterized by steady demand and a diverse range of housing options. The community's commitment to sustainability, coupled with its appealing amenities, has made it a sought-after location for families and professionals alike.
Property Types: Rangeview offers a mix of property types, including single-family homes, townhouses, and duplexes.
Sales Activity: In August, there were 25 new listings, reflecting a slight increase in inventory compared to the previous month. Sales activity remained strong, with 9 properties sold, indicating a healthy turnover rate. The average days on market for properties in Rangeview is approximately 48 days, demonstrating that homes are selling relatively quickly in this desirable community.
Market Trends:
Increased Demand: The demand for homes in Rangeview has risen, driven by its family-friendly environment, proximity to schools, and recreational amenities.
Price Stability: As of August 2024, only 1 Duplex SOLD at $589,900, 8 SOLD Detached houses $617,000 - $970,000.
Community Development: Ongoing development projects, including parks and commercial spaces, are enhancing the community’s livability and contributing to sustained interest.
Conclusion: The real estate market in Rangeview, SE Calgary, remains strong as of August 2024, with steady demand, a diverse range of properties, and a vibrant community atmosphere. Buyers and investors looking for a welcoming neighborhood with excellent amenities will find Rangeview an appealing option. With ongoing developments and a solid market foundation, the future looks promising for this community.
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