Market Performance

In November 2024, Seton demonstrated notable growth in its real estate market:

• Total residential benchmark price: $474,400, reflecting a 5.7% year-over-year (Y/Y) increase.

• Sales activity: 22 units were sold, marking a 22% rise compared to the same period last year.

• Inventory levels: 80 active listings were available, a 74% increase Y/Y, contributing to 3.64 months of supply.

• Average days on market (DOM): Properties were listed for an average of 30 days before selling.

Housing Types

• Detached homes: Benchmark price was $762,300, with 5 sales recorded (+25% Y/Y).

• Semi-detached homes: A limited inventory, with just 1 sale in November.

• Row homes: Experienced robust activity with 11 sales (+138% Y/Y) and a benchmark price of $465,700.

• Apartments: Benchmark price stood at $385,300, with 5 units sold (-58% Y/Y).

Community Highlights

Seton is celebrated for its thriving amenities and modern urban design:

1. Shopping and Retail:

   • The Seton Urban District includes major retail hubs, restaurants, and entertainment options, making it a vibrant center for residents.

2. Healthcare Facilities:

   • Home to the South Health Campus, a state-of-the-art hospital providing comprehensive medical services, enhancing the community's appeal for families and professionals.

This dynamic combination of competitive pricing, rising sales, and exceptional local features positions Seton as an attractive destination for buyers and investors alike.

Overview

As of October 2024, the Seton community in Southeast Calgary continues to show a dynamic real estate landscape. Known for its modern amenities, proximity to the South Health Campus, and vibrant community spirit, Seton remains a desirable location for both first-time homebuyers and families.

Market Trends

Sales Activity

• Total Sales: In October 2024, Seton recorded a total of 25 residential sales, reflecting a 7.4% decrease from the previous year. This may because of the price increase in the area.

• Average Days on Market: Homes in Seton are selling faster, with an average of 39 days on the market, down from 31 days in September.

Pricing

• Median Home Price: The median sale price for homes in Seton is currently $475,600, which is a 7.4% increase compared to October 2023. This upward trend signifies the community’s growing appeal and the competitive nature of the market.

• Price Range:

  8 SOLD Detached houses: $645,000 - $885,000;

  4 SOLD Townhouses: $237,000(Bungalow style) - $506,586;

  13 SOLD Apartments: $287,000 - $490,000.

Inventory

• Active Listings: As of the end of October, there are 72 active listings in Seton. This represents a balanced market, with inventory levels sufficient to meet current demand.

• New Listings: There were 44 new listings added in October, indicating a healthy turnover of properties.

Community Highlights

Seton was established in 2018 however construction began on some amenities several years prior, when completed, will include a mixture of residential and business development, and will be served by a proposed southeast leg of the city's C-TRAIN system, also known as the Green Line. Seton is home to the 44-acre (180,000 m2) South Health Campus, a major hospital for the Calgary Region, which opened in 2011. (Wikipedia.org)

Conclusion

Overall, the real estate market in Seton SE Calgary remains strong and resilient as of October 2024. With increasing sales and a steady rise in home prices, the community continues to be a popular choice for buyers. The combination of desirable amenities, a family-friendly atmosphere, and robust market activity suggests a promising outlook for the upcoming months.

Recommendations for Buyers and Sellers

• Buyers: Given the current competitive market, potential buyers should be prepared to act quickly and consider making offers above asking price in highly desirable properties.

• Sellers: For those considering selling, staging homes and competitive pricing will be key to attracting buyers and securing timely sales.

For more detailed insights or personalized advice, feel free to reach out!

Seton Community Market Report - Q3 2024

Overview

Seton, one of Calgary’s most vibrant and rapidly growing communities, has shown impressive resilience and growth throughout the third quarter of 2024. With its modern amenities, recreational facilities, and family-friendly atmosphere, Seton continues to attract buyers and renters alike. More new commercial retail stores are opening to the public.

Market Trends

Sales Activity

• Total Sales: During Q3 2024, Seton recorded a total of 50 residential sales, reflecting a 12% increase compared to Q3 2023. This upward trend indicates continued demand in the area.

• Average Days on Market: The average days on the market for homes dropped to 25 days, down from 30 days in Q3 2023, suggesting a quicker turnover for sellers.

• Price Range:

  • 10 SOLD Detached houses $633,000-$890,000;

  • 2 SOLD Duplex houses $569,000-$600,001;

  • 17 SOLD Townhouses $285,000-$601,500;

  • 21 SOLD Apartments $275,000-$488,000.

Inventory Levels

• Active Listings: At the end of Q3, there were 70 active listings in Seton, a decrease from 85 in Q3 2023. The reduced inventory continues to create competitive conditions for buyers.

• New Listings: A total of 112 new properties were listed in Q3, which provided some relief but not enough to meet the ongoing demand.

Community Highlights

Amenities

Seton offers a diverse range of amenities, including:

• Shopping and Dining: The Seton Retail District has expanded, featuring new retailers, restaurants, and entertainment options, enhancing the community's appeal.

• Recreational Facilities: Key facilities, such as the South Health Campus, Seton YMCA, and various parks and pathways, promote an active lifestyle.

Development Updates

• Residential Projects: Several new residential developments are underway, focusing on townhouses and multi-family units, catering to the community's growing population.

• Infrastructure Improvements: Ongoing projects aim to improve roads and public transit access, enhancing connectivity to surrounding areas and increasing the overall livability of Seton.

Demographic Insights

Seton continues to attract a diverse demographic, including young professionals, families, and retirees. The community's focus on lifestyle, accessibility, and amenities makes it appealing across various age groups and backgrounds.

Conclusion

The third quarter of 2024 has proven to be a strong period for Seton’s real estate market, characterized by increased sales, rising prices, and ongoing development. With its desirable location and community features, Seton remains a top choice for homebuyers in Calgary. Prospective buyers are encouraged to act swiftly, as the market continues to favor sellers in the current low-inventory environment.

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Seton Community Market Report

Overview

Seton, a vibrant community in Calgary, continues to thrive as a sought-after neighborhood for families and professionals alike. With its mix of modern amenities, recreational facilities, and access to nature, Seton is a prime location for both buyers and renters.

Market Trends

Sales Activity

• Total Sales: In September 2024, Seton saw a steady increase in residential sales, with a total of 20 homes sold, reflecting a 11% increase compared to September 2023.

  • 6 SOLD Detached houses $633,000-$890,000;

  • 1 SOLD Duplex house $600,001;

  • 4 SOLD Townhouses $313,000-$511,400;

  • 9 SOLD Apartments $275,000-$488,000.

• Average Days on Market: Homes sold in September had an average days-on-market of 28 days, down from 32 days last year, indicating a faster-moving market.

• Sales Price: The average selling price of homes in Seton increased to $478,600, a 7.7% rise year-over-year, driven by strong demand and limited inventory.

Inventory Levels

• Active Listings: At the end of September, there were 62 active listings, a 40% increase from September 2023. 

• New Listings: 34 new properties were listed in September, reduced from 2023, which helped maintain a balance in supply and demand.

Community Highlights

Amenities

Seton boasts a variety of amenities, including:

• Shopping and Dining: The Seton Retail District continues to expand, featuring popular retailers and dining options.

• Recreational Facilities: The South Health Campus, Seton YMCA, and various parks and pathways enhance the community's appeal for outdoor enthusiasts and families.

Development Updates

• Residential Projects: Several new developments are underway, focusing on single-family homes and townhouses, catering to the growing population.

• Infrastructure Improvements: Ongoing infrastructure projects aim to improve accessibility and connectivity within the community and to surrounding areas.

Demographic Insights

Seton is attracting a diverse population, including young professionals, families, and retirees. The community’s focus on lifestyle amenities and green spaces makes it appealing for various demographics.

Conclusion

September 2024 has been a robust month for the Seton real estate market, marked by increased sales activity and rising home prices. With ongoing developments and a strong community spirit, Seton remains a desirable place to live in Calgary. Buyers are encouraged to act quickly, as inventory remains low and demand continues to grow.

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Seton Community Market Report

August 2024 was a dynamic month for the Seton community in Calgary, known for its modern amenities, vibrant lifestyle, and convenient access to healthcare and retail. As the summer season wraps up, Seton’s real estate market continues to show robust activity, reflecting its growing popularity.

Market Overview: In August, Seton saw 19 home sales.

• 3 SOLD Detached houses $658,000 - $765,000;

• 1 SOLD Duplex house $569,000;

• 8 SOLD Townhouses $295,000(Bungalow style) - $601,500;

• 7 SOLD Apartments $277,000 - $382,500.

Inventory and Trends: Currently, there are 53 active listings in Seton, offering a mix of single-family homes, townhouses, and condos. Properties are moving quickly, with an average Days on Market (DOM) of 25 days, reflecting a competitive market. Homes that are well-maintained and appropriately priced often receive multiple offers, underscoring the demand in this vibrant community. Detached houses 14 days; Duplex house 36 days; Townhouses 23 days; Apartments 30 days.

Community Insights: Seton is well-known for its comprehensive amenities, including the South Health Campus, shopping centers, and recreational facilities. The community’s design promotes an active lifestyle, with numerous parks and walking paths. The ongoing development of new retail spaces and community services continues to enhance the living experience for residents.

Looking Ahead: As we transition into fall, the Seton real estate market is expected to maintain its momentum. While seasonal shifts may influence buyer activity, the community's strong appeal and diverse offerings are likely to keep demand steady. Sellers can take advantage of favorable market conditions, while buyers should remain proactive to capture opportunities in this thriving neighborhood. Overall, Seton stands out as an emerging gem in Calgary’s real estate landscape.

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Seton Community Market Report

Overview: Seton, located in southeast Calgary, is an innovative, master-planned community known for its vibrant lifestyle and modern amenities. July 2024 has seen continued growth and development, making Seton an attractive place for families and individuals alike.

Real Estate Market Trends:

• Price Range: As of July 2024, 11 properties were sold. The number of homes sold in July 2024 has risen by 15% year-over-year. The market remains competitive, with many properties receiving multiple offers shortly after listing.

  • 1 SOLD Detached houses $870,000;

  • 5 SOLD Townhouses $285,000-$490,000;

  • 5 SOLD Apartments $354,500 - $438,000;

• Types of Properties: Single-family homes dominate the market, but there’s a growing interest in townhouses and condos, particularly among first-time buyers and investors. New developments are focusing on sustainable living and modern conveniences.

Community Highlights:

• Amenities: Seton continues to enhance its amenities, with the addition of new parks, walking trails, and recreational facilities. The Seton Recreational Facility, featuring a state-of-the-art gym and aquatic center, remains a focal point for residents.

• Shopping and Dining: The community’s commercial area, including the South Health Campus, has expanded with new retail and dining options. Local favorites include family-run restaurants and cafes, as well as larger retail chains, providing a blend of shopping experiences.

• Transportation: The integration of public transport options is improving connectivity to downtown Calgary and surrounding areas. The recent addition of bus routes and planned future LRT expansions are expected to further enhance accessibility.

Community Engagement:

• Events: July 2024 saw several community events, including outdoor movie nights and farmers' markets, fostering a sense of community among residents. These events have increased participation and engagement, highlighting the community spirit in Seton.

• Sustainability Initiatives: Seton is actively pursuing sustainability through community gardens and eco-friendly landscaping. Residents have shown strong support for these initiatives, aligning with the broader goals of Calgary’s climate action plan.

Looking Ahead:

The outlook for Seton remains positive as development continues and the community grows. With ongoing investments in infrastructure and amenities, Seton is well-positioned to attract new residents and maintain its status as a desirable place to live.

Conclusion:

Seton SE Calgary is thriving in July 2024, with a robust real estate market, a rich array of amenities, and an engaged community. The continued growth and development signify a bright future for both current and prospective residents. For anyone considering a move to this dynamic community, now is an opportune time to explore the possibilities. 

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May 2024 marked a significant month for the Seton community in SE Calgary, known for its modern amenities and vibrant lifestyle. As a rapidly developing area, Seton continues to attract both buyers and investors, bolstered by its strategic location and access to essential services.

Market Highlights

• Sales Activity: In May, Seton experienced a notable increase in residential sales, with approximately 24 homes sold. This represents a 15% increase compared to April 2024, indicating strong buyer interest and engagement in the market.

• Price Range: Buyers can still find one-bedroom-apartment under $300,000, while just over $300,000 for townhouses. Duplex houses were over in $600,000, NEW & Never Occupied detached houses with double attached garages were SOLD close to $800,000.

  • Detached houses: 2 SOLD, $768,000 - $792,000; NEW, never occupied;

  • Townhouses: 9 SOLD, $277,500 - $ 500,400;

  • Apartments: 11 SOLD, $302,500 - $484,000;

• Inventory Levels: By the end of May, Seton had approximately 70 active listings, a slight decrease from April. This limited inventory has contributed to a competitive market, particularly for well-located properties.

• Days on Market: Homes in Seton sold more quickly, with the average days on market dropping to 20 days. This quick turnover reflects the high demand for homes in this desirable community.

Buyer Trends

• Demographics: The buyer demographic in Seton is increasingly diverse, with a significant number of first-time homebuyers and young families drawn to the area’s family-friendly environment and amenities.

• Property Preferences: Single-family homes continue to be the most popular choice, but there is growing interest in townhouses and multi-family units, especially among buyers looking for affordable options with community benefits.

• Community Appeal: Seton’s appeal lies in its modern infrastructure, including retail shops, restaurants, and recreational facilities. The community’s focus on walkability and access to green spaces enhances its attractiveness.

Economic Factors

• Interest Rates: With stable interest rates continuing into May, buyers have been more inclined to enter the market. This economic climate fosters confidence in making long-term investments in real estate.

• Local Development: Seton is experiencing ongoing development, including new commercial projects and residential builds, which contribute to the community’s growth and desirability.

Outlook

As we move into the summer months, the Seton real estate market is expected to remain active. Continued demand, combined with limited inventory, may drive prices upward. Buyers should be prepared for potential bidding wars on sought-after properties, while sellers may benefit from favorable market conditions.

Conclusion

May 2024 has proven to be a positive month for the Seton community in SE Calgary, characterized by increased sales, rising prices, and a competitive market environment. As the community evolves and expands, stakeholders should stay informed about market trends and economic factors that could impact future growth.

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Seton Community Market Report

Overview: Seton continues to experience a dynamic real estate market as of March 2024. The area has seen significant growth over the past year, driven by new developments, an increase in demand for housing, and a vibrant community atmosphere.

Market Trends:

1. Home Prices:

   • The average home price in Seton has risen by approximately 8% year-over-year, currently sitting around $470,625. This upward trend reflects both demand and a limited inventory of homes.

   • Detached single-family homes are particularly popular, with prices averaging $712,433, while townhomes are averaging $468,698.

2. Sales Activity:

   • March saw a notable increase in sales activity, with approximately 31 homes sold, increased from last year.

     6 SOLD Detached houses $610,000 - $950,000.

     1 SOLD Duplex house $595,000.

     7 SOLD Townhouses $268,000(Bungalow style) - $569,900.

     17 SOLD Apartments $288,000(1-bed-1-bath) - $469,900 (3-bed-2-bath).

   • The average days on market for homes decreased to 25 days, indicating a competitive environment where homes are selling quickly.

3. Inventory Levels:

   • The inventory of available homes remains low, with only about 58 properties listed for sale in March.

   • New construction continues to contribute to inventory but has not yet fully met the growing demand.

4. Buyer Demographics:

   • First-time homebuyers make up a significant portion of the market, drawn by affordable options in townhomes and smaller single-family homes.

   • There’s also a noticeable interest from young families and professionals seeking proximity to amenities and schools.

5. Market Outlook:

   • Analysts predict that the demand for homes in Seton will continue to rise throughout 2024, driven by ongoing economic development and an influx of residents.

   • Interest rates, while fluctuating, remain historically low, which may further stimulate buyer interest despite concerns about inflation.

Community Developments:

• New retail spaces and community centers are in the works, enhancing the overall appeal of Seton. These developments are expected to attract more residents and increase the demand for housing.

Conclusion: Seton’s real estate market in March 2024 is characterized by rising prices, low inventory, and strong demand, particularly among first-time buyers. As the community grows and new developments continue, Seton remains an attractive option for both buyers and investors in the Calgary area.

For more detailed insights or specific property listings, feel free to reach out!

Contact us for a Free Home Evaluation.

For latest community market report, SIGNUP HERE.

Seton Community Market Report

Overview

Seton, a vibrant and growing community located in Calgary, Alberta, has continued to show strong real estate activity in March 2023. The neighborhood, known for its modern amenities and proximity to shopping, parks, and schools, remains a desirable location for both buyers and investors.

Market Highlights

• Sales Activity:

  • In March 2023, Seton recorded a total of 25 home sales, a slight increase from the previous month. This reflects a robust demand in the market, particularly for family homes and townhouses. 

    4 SOLD Detached houses $575,000 - $839,000.

    3 SOLD Duplex houses $539,000 - $585,000.

    5 SOLD Townhouses $239,900 - $494,900.

    13 SOLD Apartments $227,500 - $399,000.

  • The average days on market for homes sold was approximately 35 days, indicating a competitive environment where properties are being purchased relatively quickly.

• Pricing Trends:

  • The average sale price for homes in Seton reached $424,360, up 5% compared to March 2022. This increase reflects the continued appreciation of property values in the area.

• Inventory Levels:

  • The current inventory of homes for sale stands at 55 listings, providing a balanced market. However, with the ongoing demand, homes are selling faster than new listings are being added, leading to potential shortages in certain segments.

Neighborhood Features

Seton boasts a variety of amenities that appeal to residents:

• Shopping and Dining: The nearby Seton Urban District offers a range of retail options, restaurants, and entertainment venues, making it a hub for local residents.

• Parks and Recreation: Numerous parks and green spaces provide outdoor recreational opportunities, contributing to the community's family-friendly atmosphere.

• Transportation: Seton is well-connected by major roads and public transit, making commuting to downtown Calgary convenient.

Conclusion

The real estate market in Seton continues to thrive in March 2023, driven by strong demand and limited inventory. With a variety of housing options and excellent community amenities, Seton remains an attractive choice for homebuyers and investors alike. As we move into the spring months, we anticipate continued interest in the area, potentially leading to further price appreciation and competitive sales activity.

Recommendations

For potential buyers, it’s advisable to act quickly and be prepared with financing, as properties are moving swiftly. Sellers may consider listing their homes to capitalize on the current demand and favorable market conditions.

Contact us for a Free Home Evaluation.

For latest community market report, SIGNUP HERE.

Overview

As of May 2022, Seton continues to navigate the ongoing effects of the COVID-19 pandemic while demonstrating resilience in its real estate market. The community, known for its modern amenities and family-oriented environment, remains a desirable location for both homebuyers and investors.

Market Highlights

• Sales Activity:

  • In May 2022, Seton only recorded 13 home sales, reflecting a market lingering uncertainties related to the pandemic. This represents a slight decline compared to earlier months but indicates continued interest.

  • The average days on market for sold homes was approximately 16 days, suggesting a relatively competitive environment where properties are still moving quickly.

• Pricing Trends:

  • The average sale price for homes in Seton was around $424,762, marking a 5% increase year-over-year from May 2021. The pandemic's influence on buyer preferences has led to a strong demand for homes with more space.

  • 3 SOLD Detached homes averaged $702,933;

    2 SOLD Duplexes averaged $539,350;

    2 SOLD Townhouses $229,900 - $420,000; 32 days on the market

    6 SOLD Apartments maintained an average price of about $277,417; 22 days on the market.

Seton continues to thrive with a variety of amenities that enhance its appeal during the pandemic:

• Shopping and Dining: The Seton Urban District offers diverse retail and dining options, with many businesses adapting to offer takeout and online services, catering to changing consumer behaviors.

• Parks and Recreation: The abundance of parks and green spaces has become increasingly important, providing residents with outdoor areas for exercise and social distancing.

• Transportation: Seton's connectivity to major roadways and public transit remains a significant advantage, especially as remote work patterns evolve.

Conclusion

Despite the ongoing challenges posed by COVID-19, the real estate market in Seton showed resilience in May 2022, characterized by stable sales activity and continued price appreciation. The community's appealing amenities and lifestyle options continue to attract buyers looking for quality living spaces.

Recommendations

For potential buyers, it’s advisable to remain proactive and prepared, as demand may outpace supply in certain segments. Sellers should consider the current market conditions as an opportunity to list their properties, capitalizing on buyer interest.