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Aspen Woods Real Estate Market summary - Q1 2025

​In the first quarter of 2025, Aspen Woods, a prestigious neighborhood in southwest Calgary, exhibited diverse trends across various property types in its real estate market.​

Detached Homes: Detached homes in Aspen Woods maintained robust valuations. In December 2024, the benchmark price for detached properties was $1,234,900. By February 2025, the median asking price had adjusted to $579,900, with a median sold price of $550,000. This fluctuation indicates a dynamic market, possibly influenced by seasonal factors and inventory levels.​

Semi-Detached Homes: Specific data for semi-detached homes in Q1 2025 is limited. However, the broader Calgary market saw semi-detached benchmark prices at $673,600 in February 2025, reflecting an 8.3% annual increase. This suggests a positive trend that may extend to Aspen Woods.​

Row/Townhouses: Row homes in Aspen Woods demonstrated notable appreciation. In December 2024, the benchmark price was $536,200, marking a 9.1% year-over-year increase. This growth underscores the rising demand for townhouses, likely due to their balance of space and affordability.​

Apartments: Apartment-style condominiums also experienced significant growth. The benchmark price in December 2024 was $433,500, an 11% increase compared to the previous year. This trend reflects a growing interest in apartment living within the community.​

Market Dynamics: The Aspen Woods real estate market in early 2025 was characterized by limited inventory and competitive conditions. In February 2025, there were 15 new listings and 5 properties sold, with an average of 25 days on the market. The median sold price was $550,000, approximately 6% below the median asking price, indicating some negotiation between buyers and sellers.

Aspen Woods is renowned for its vibrant community life and upscale amenities. The neighborhood offers access to top-rated schools such as Webber Academy and Calgary Academy, making it a prime choice for families. Residents enjoy proximity to Aspen Landing Shopping Centre, featuring boutique shops, fine dining, and essential services. Additionally, the area boasts numerous parks and green spaces, fostering an active and engaged community atmosphere.​

In summary, Aspen Woods' real estate market in Q1 2025 showcased varied trends across property types, with notable appreciation in row homes and apartments. The community's desirable amenities and active lifestyle continue to attract a diverse range of buyers.

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Aspen Woods real estate market - January 2025

Real Estate Market Trends

  • Sales Activity: 11 total residential sales in January, reflecting a 15% decrease year-over-year.

  • New Listings: 15 new listings, a 7% increase compared to January 2024.

  • Inventory: 9 available homes, down 31% from the previous year.

  • Benchmark Price: $875,700 for total residential properties, up 3.7% year-over-year.

  • Months of Supply: 0.82 months, indicating a strong seller’s market.

Detached Homes 🏡

  • Benchmark Price: $1,239,600 (6% Y/Y increase)

  • Sales Activity: 4 sales, down 43% year-over-year.

  • New Listings: 8 new listings, a 14% increase from January 2024.

  • Inventory: 5 active listings, indicating a low supply compared to demand.

  • Market Trend: Despite rising prices, detached home sales slowed due to affordability concerns and limited supply.


Row Homes (Townhouses) 🏘️

  • Benchmark Price: $544,000 (up 9% Y/Y)

  • Sales Activity: 4 sales, up 100% compared to last year.

  • New Listings: 5 new listings, a 67% increase from January 2024.

  • Inventory: 3 active listings, making it a competitive market.

  • Market Trend: Strong demand for affordable housing options has driven up both prices and sales in the row-home sector.


Apartments (Condos) 🏢

  • Benchmark Price: $429,800 (up 9% Y/Y)

  • Sales Activity: 3 sales, the same as last year.

  • New Listings: 2 new listings, down 33% from January 2024.

  • Inventory: 1 active listing, reflecting a tight market with very few options available.

  • Market Trend: Demand remains stable, but low new listings and inventory constraints are driving up prices.


Local Amenities

  • Schools: Aspen Woods is known for top-rated schools such as Webber Academy, Calgary Academy, and Rundle College. Public school options include Dr. Roberta Bondar School and Ernest Manning High School.

  • Public Transit: The nearest LRT station is 69th Street Station, providing direct access to downtown Calgary. Bus routes also serve the area for added convenience.

  • Shopping & Lifestyle: Aspen Landing Shopping Centre offers various retail stores, dining, and professional services. Westhills and Signal Hill shopping centers are a short drive away for additional shopping options.

Overall Market Summary

  • Total residential price: $875,700 (up 3.7% Y/Y).

  • Total sales: 11 homes sold (down 15% Y/Y).

  • Months of Supply: 0.82 months, indicating a seller’s market.

Key Takeaways:
✔️ Detached homes remain the most expensive but are seeing fewer transactions due to high prices.
✔️ Row homes (townhouses) are in high demand, with prices and sales both rising.
✔️ Apartments (condos) are appreciating in value but have very limited inventory.
✔️ Semi-detached homes have no movement, likely due to low turnover rates.

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Calgary Aspen Woods Real Estate Market Summary – December 2024

Market Overview

Aspen Woods continued to experience strong real estate activity in December 2024, with steady price growth and competitive market conditions due to limited inventory. The area remains one of Calgary’s most sought-after neighborhoods for families and professionals.

Key Market Statistics

  • Sales: 10 total residential sales (unchanged year-over-year).

  • New Listings: 5 new listings (down 44% from December 2023).

  • Inventory: 7 active listings (down 59% year-over-year).

  • Benchmark Prices:

    • Detached Homes: $1,234,900

    • Semi-Detached Homes: N/A

    • Row Homes: $536,200 (+9.1% YoY)

    • Apartments: $433,500 (+11% YoY)

    • Total Residential: $877,900 (+9.4% YoY)

  • Months of Supply: 0.70 months, reinforcing a strong seller’s market.

Schools in Aspen Woods

Aspen Woods offers access to top-rated schools, making it a prime choice for families:

  • Webber Academy – One of Calgary’s most prestigious private schools.

  • Calgary Academy – Specializes in personalized learning programs.

  • Ernest Manning High School – A highly ranked public high school.

  • Guardian Angel School – A respected Catholic elementary school.

LRT & Transportation

Aspen Woods residents benefit from well-connected transit options:

  • 69 Street LRT Station: Provides efficient access to downtown Calgary and beyond.

  • Bus Routes: Serves major roads, ensuring convenient travel across the city.

  • Stoney Trail & Bow Trail: Key roadways that provide quick access to different parts of Calgary.

Outlook for 2025

Aspen Woods is projected to maintain its high demand in 2025, driven by its strong school system, luxury homes, and excellent transit access. The limited inventory and competitive pricing suggest continued growth, making it a lucrative market for both buyers and sellers.

For updated real estate insights, school catchment details, and transportation developments, stay informed through local real estate sources and municipal planning updates.

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Calgary Aspen Woods Real Estate Market Summary – November 2024

Market Overview

Aspen Woods remains one of Calgary’s most sought-after neighborhoods, with continued demand and price growth in November 2024. Limited inventory and strong buyer interest have contributed to a competitive market.

Key Market Statistics

  • Sales: 13 total residential sales, a 30% increase year-over-year.

  • New Listings: 12 new listings, down 33% compared to November 2023.

  • Inventory: 16 active listings, a 25% decrease year-over-year.

  • Benchmark Prices:

    • Detached Homes: $1,234,100 (+10% YoY)

    • Semi-Detached Homes: N/A

    • Row Homes: $554,100 (+7.3% YoY)

    • Apartments: $438,300 (+4.1% YoY)

  • Months of Supply: 1.23 months, indicating a strong seller’s market.

Schools in Aspen Woods

Aspen Woods is known for its excellent schools, making it a top choice for families. Notable institutions include:

  • Webber Academy – A prestigious private school with a strong academic reputation.

  • Calgary Academy – Offers specialized learning programs.

  • Ernest Manning High School – A top-rated public high school.

  • Guardian Angel School – A well-regarded Catholic elementary school.

LRT & Transportation

Aspen Woods residents benefit from convenient access to Calgary’s LRT and major roadways:

  • 69 Street LRT Station: Provides quick access to downtown Calgary and beyond.

  • Bus Routes: Multiple transit routes connect Aspen Woods to other parts of the city.

  • Stoney Trail & Bow Trail: Major roadways offering efficient commuting options.

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Aspen Woods Real Estate Monthly Summary – October 2024

Aspen Woods, one of Calgary’s premier neighborhoods, showcased a robust real estate market in October 2024, with increasing activity and sustained demand. Below is a summary of key trends and community highlights.

Market Highlights

  • Sales Activity: A total of 19 residential properties were sold, reflecting a 46% year-over-year increase.

  • New Listings: There were 20 new listings, a modest 5% increase compared to October 2023.

  • Inventory: The inventory stood at 28 properties, marking a 15% decrease year-over-year. This resulted in 1.47 months of supply, suggesting a seller-favored market.

  • Benchmark Prices:

    • Total residential benchmark price rose to $891,800, a 6% year-over-year increase.

    • Detached homes held the highest benchmark price at $1,237,400, followed by row and apartment properties at $561,900 and $446,900, respectively.

  • Market Trends: With a sales-to-new-listings ratio of 0.95, the market remains competitive, attracting both buyers and investors.

Community Features

Aspen Woods continues to be one of Calgary’s most desirable communities, offering an exceptional blend of luxury living and natural beauty:

  • Upscale Living: The neighborhood is renowned for its high-end homes and exclusive residential developments, featuring modern architecture and premium finishes.

  • Educational Facilities: Families are drawn to Aspen Woods for its proximity to some of Calgary’s top private and public schools, including Webber Academy and Calgary Academy.

  • Recreation and Green Spaces: Residents enjoy access to numerous parks, pathways, and outdoor activities, fostering an active and vibrant lifestyle.

  • Shopping and Dining: The community is home to Aspen Landing Shopping Centre, offering boutique shops, fine dining options, and essential services.

  • Connectivity: Aspen Woods provides excellent connectivity to downtown Calgary and the Rocky Mountains, making it a prime location for professionals and nature enthusiasts alike.

Aspen Woods continues to demonstrate its appeal to buyers seeking a combination of luxury, convenience, and community charm.

If you’d like additional details or a specific focus on property types, feel free to ask!

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SOLD: 169 Aspenshire Drive SW, $969,900

QUICK possession for back to school season. Walking distance to Webber Academy, steps from Aspen Landing, this original owners owned beautiful fully finished 2 storey 3000+ sq.ft. on quiet street is in the heart of Aspen Woods offering 3 bedrooms above the grade, 9' ceilings on main floor, plus one in the basement professionally developed by the builder. As you walk into this home, you will be greeted by a grand entrance with new vinyl floors throughout. The bright and open main floor offers flex space that could be used as formal dining/living room or home office. Spacious kitchen with island, lots of cabinets, stainless steel appliances, granite countertops, walkthrough pantry to the mud room leading to double attached garage. Upper level offers laminate flooring and has 4pc bath & 3 bedrooms with the large master featuring 4pc ensuite with make up area and walk in closet. The lower level has a living/media room, games area, 4pc bath & 1 additional bedroom. Located minutes to downtown, close to schools, aspen landing shopping centre, transit, and all other amenities. Freshly painted for the new home owner.

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SOLD: Aspen Stone Mews SW, $679,000

ASPEN WOODS welcomes you to this FULLY FINISHED home with over 3000 SF of total living space situated on a family friendly cul-de-sac. Walking distance to Aspen Landing, parks and green space, three schools and so much more! The main level boasts hardwood flooring, with an open concept kitchen and living area. The kitchen features granite countertop, a new fridge & stove, oversized Island and walk-thru pantry into your mud room and laundry area. Secondary front family room/flex space that completes this level. The upper floor features TWO bonus areas, the primary bonus room is an ABUNDANCE of space for movie nights, kids play area and the perfect area for entertaining. Vaulted ceilings & huge windows with your sunny south exposure makes this the perfect area for the entire family. The master bedroom offers a full walk-in closet, 5 piece en-suite including his & her sinks, granite countertops, large soaker tub and standalone shower. Two additional bedrooms with a 4 piece bathroom complete this level. The fully developed basement is a large recreation space, professionally developed with endless opportunities to make it a space of your own. You will also find the 4th bedroom and FULL bathroom, with tons of storage. Fully landscaped front and backyard, quiet cul-de-sac, all amenities at your fingertips and only a 5 minute drive to the 69th LRT station. This is an incredible opportunity to get into this community at this price point!

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SOLD: 142 Aspen Summit Drive SW, $1,050,000

WELCOME!!! This beautifully upgraded home shows like new! A striking two-storey with walkout basement. Open floor concept with open to above living room, an incredible chef's kitchen enjoys s/s appliances, granite island/breakfast bar and adjacent walkthrough pantry with ample storage., a large main floor office, a spacious laundry room, a formal dining room and large breakfast nook. The upper level features a large bonus room, master bedroom, 2nd bedroom with 4pc ensuite and two other bedrooms. The walk-out basement is fully finished with two bedrooms and wet bar area. Mere blocks from the Aspen Landing shopping area, close all level schools and only 15 minutes to downtown, easy access to shopping centre. this spectacular home has everything a family could ask for!! Make it your new home today.

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SOLD: 8 Aspen Summit Point SW, $899,900

Perfect home with the perfect location! The 'Vernon' design is ideal for a family that desires space and design functionality. Located in the heart of Aspen your growing family will enjoy proximity to downtown (15mins) mountains (45mins) and seconds to amenites. This 2storey features hardwood and tile flooring throughout, wood spindle rail, 9' ceilings on the basement and main floors, deck, knockdown textured ceiling, upgraded lighting, upgraded plumbing fixtures. The kitchen features a wonderful kitchen design with a wonderful array of cabinetry, a large island with granite counter tops and a formal dinning room . One will be delighted with the spacious children's bedrooms,dream sized master bedroom,spa ensuite complete with large shower large soaker tub and his/her sinks. Welcome to your new home!

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SOLD: 116 Aspenshire Crescent SW, $730,000

Showings can be arranged 11am -3pm May 29. Outstanding 2 storey Morrision home on corner lot in desirable Aspen Woods, walking distance to Webber Academy & Calgary Academy. The main floor greets you with a flex room on the right hand side that leads to your deluxe kitchen includes large island, stainless appliances & a walk through pantry to mudroom. Big living room with vaulted ceilings & gas fireplace is perfect for entertaining. Upstairs you will find a multifunctional bonus room with master bedroom on one side and the other two bedrooms at the other side. Master suite has walk in closet & 5pc ensuite featuring a jetted soaker tub, his and hers vanities. Laundry room is at upper level for your best convenience. The lower level is roughed in for plumbing & awaits your finishing touches. Close to schools, shops, restaurants & only minutes to downtown! Welcome home!

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SOLD: 17 Aspen Acres Manor SW, $999,999

TRIPE ATTACHED GARAGE SHANE HOME BACKS ONTO MATURE TREES, FABULOUS SUNNY SOUTH BACKYARD, CLOSE TO CALGARY’S MOST RESPECTED PRIVATE SCHOOLS WEBBER & CALGARY ACADEMY, SHOPS & RESTAURANTS AT ASPEN LANDING & WEST 85TH ST, EASY ACCESS TO DOWNTOWN. MAIN FLOOR IS BRIGHT OPEN WITH LARGE WINDOWS, 3 SIDES GAS FIREPLACE WARMS UP OPEN MAIN FLOOR DEN & GREATROOM; GOURMET KITCHEN WITH GAS STOVE & GRANITE ISLAND, WALK THROUGH PANTRY. UPPER LEVEL HAS 4 BEDROOMS IN TOTAL, BONUS/FLEX ROOM WITH VAULTED CEILING IS FOR THE BEST OF FAMILY CONVENIENCE. COMMAN BATHROOM JACK & JILL SINKS ARE SEPERATED WITH DOOR FROM BATHTUB & TOILET. SPACIOUS MASTER BEDROOM WITH HIS AND HER SICKS OVERLOOKS LOTS OF TREES, ENJOY PEACEFUL AND QUIET LIFE HERE! LOTS OF OTHER UPGRADES INCLUDE JENN AIR KITCHEN APPLIANCE, CARPETS, 9" CEILING IN MAIN FLOOR AND BASEMENT. UNSPOILED BASEMENT IS READY FOR YOUR FUTURN CHOICE DEVELOPMENT WITH BATHROOM ROUGH-IN. IT IS NEVER LATE TO ENJOY YOUR NEW PRIVATE BACKYARD, WELCOME HOME!

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SOLD: 119 Aspen Summit View SW, $1,199,900

In the popular area of Aspen is this Modern 2 Storey home built by LIV Inspired Homes situated on a quiet street with a Sunny South Facing Backyard. As soon as you walk in, you will love the Grand feel with soaring high ceilings, extended large windows and a design that is a must see in person. The main floor is covered in Rich Oak wide plank hardwood right to a stunning kitchen with Stainless Steel Appliances, Quartz Counters, Glass backsplash and a designer Lighting package. Have a family with 3 or more Children? This homes boasts 4 large Bedrooms on the top floor all with their own ensuite Bathrooms. The luxurious Master Bathroom offers a Fireplace, Tiled Shower, Soaker tub and a Private balcony. The top floor is finished with a large Bonus room for those movie nights with the family. The Walkout Basement has a Wet bar, Rec Room with fireplace, bedroom, full bathroom and sliding doors out to your Backyard. The home looks great on these pictures but is truly appreciated when seen in person.

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