Cal Zone N Real Estate

Calgary North Real Estate & Homes for Sale


Suburb in North Calgary.

Calgary North is a dynamic and diverse region that captures the essence of urban living while maintaining a connection to nature. Comprising neighborhoods such as Thorncliffe, Hidden Valley, and Evanston, this area offers a mix of residential, commercial, and recreational amenities. Residents enjoy a range of shopping and dining options in well-established communities, as well as easy access to major transportation routes. Calgary North is known for its family-friendly atmosphere, with numerous schools, parks, and community centers fostering a sense of community. The Nose Creek Valley and its pathways provide residents with opportunities for outdoor activities and scenic walks. As the city continues to grow, Calgary North remains a sought-after destination, blending the convenience of city living with the serenity of nearby natural spaces.

Calgary North Boundaries


Calgary North is depicted in blue in the clickable map above along with the communities that comprise it. Calgary North borders on three zones. It is bounded on the west by Calgary North West, on the east by Calgary North East and on the south by Calgary City Center.

Calgary North Homes for Sale by Price Range

Click on the desired price range to see the associated Calgary North Homes for Sale. After the search results open up, they can be refined using the "More Filters" button.

Calgary North Homes for Sale by Community

Hover over the map and click on the desired Calgary North community to see the homes for sale. After the search results open up, they can be refined using the "More Filters" button.

Calgary North Homes for Sale(All)

Below are all homes for sale in Calgary North. The results can be refined using the "More Filters" button.

Calgary North Communities

When looking for a home, the selection of the community is one of the most important decisions. The community profile and statistics provide the data to make an informed choice. Click on the desired Calgary North community below to see the associated profile and statistics.

Calgary North Real Estate Market Trend

Below is a summary of Calgary North recent real estate sales activity for all property types including detached, semi-detached, row and apartment. The four graphs include the "Time to Sell", "Odds of Selling", "Buying Pattern" and "Pricing Scattergram".

All Property Types - 2024-03-31

Time to Sell

Time to Sell Graph.

The "Time to Sell" graph showcases properties sold over the previous 12 months with their days on the market and sold prices.

Insights:

  • Optimal Selling Window: The average days on market (21.28 days) suggests a relatively quick turnover for properties, indicating a seller's market or a period of high demand.
  • Benchmark for Pricing Strategy: The average sold price of $522,257.23 serves as a key benchmark for both buyers and sellers. Sellers can use this figure to strategically price their homes to align with market expectations, potentially reducing days on market. Buyers can use this average as a reference point for making competitive offers on desirable properties, understanding that homes priced around this average may sell quickly.
  • Market Activity Concentration: The semi-circle distribution, with the diameter on the y-axis from $200,000 to $900,000 and its radius extending out to 50 days on the x-axis, suggests a concentration of sales within a specific price range and time on market. Properties within this bracket likely represent a core segment of the market

Odds of Selling

Odds of Selling Graph.

The "Odds of Selling" graph displays the number of listings across four categories for the previous 12-month period. The graph includes the number of properties in each category and shows the calculated Odds of Selling, Monthly Selling Rate, and Months of Inventory.

Insights:

  • High Seller Advantage: The Odds of Selling at 82.76% signify a strong seller's market. This high percentage indicates that a large majority of listings end up being sold, which is advantageous for sellers. In such a market, sellers can expect significant interest in their properties, potentially leading to quicker sales and the possibility of receiving multiple offers, sometimes above the asking price.
  • Rapid Market Pace: A Monthly Selling Rate of 280.75 homes reflects a highly active market with a substantial volume of transactions occurring every month. This rapid pace suggests that inventory is turning over quickly, underscoring the competitive nature of the market. Buyers should be prepared for a fast-moving environment. Sellers can leverage this brisk market pace to their advantage.
  • Low Inventory Levels: The Months of Inventory being as low as 0.51 months (approximately two weeks) indicates an extremely tight market with very low inventory levels relative to demand. This scenario typically leads to a competitive buying environment, where homes may sell quickly, often at or above asking price.

Buying Pattern

Buying Pattern Graph.

The "Buying Pattern" graph, showcase the number of homes sold in each of the previous 12 months. The six months with the highest sales are highlighted in red, with the number of homes sold displayed at the top of each bar.

Insights:

  • Strong Spring and Summer Market: The concentration of sales activity in the spring and summer months highlights a pronounced seasonal trend in the real estate market.
  • Peak Selling Season: The fact that the number of homes sold remains consistently high, ranging from 305 to 372 across these months, indicates that this period is the peak selling season. Sellers can capitalize on this trend by listing their properties during this window
  • Market Readiness: For both buyers and sellers, readiness is key during these months. Sellers should prepare their homes early in the year to list in early spring, while buyers should have their financing in order and be ready to make quick decisions and offers.

Sold Price vs Finished Square Feet Scattergram

Pricing Scattergram Graph.

The "Sold Price vs Finished Square Feet Scattergram" graph highlights properties sold over the previous 3-month period. A trend line in red indicates the fair market value. To estimate a homes value, draw a vertical line up from the square footage to where it intersects the trend line.

Insights:

  • Price Correlation with Size: The positive slope of the trend line clearly indicates a direct correlation between the size of a property (in square feet) and its sold price. As the size of a property increases, its price tends to increase as well.
  • Market Demand Concentration: The tight clustering of properties in the "arrowhead" shape, particularly noticeable at the lower end of the square footage spectrum, indicates a concentrated demand for properties within a specific size range.
  • Value Estimation and Market Positioning: The trend line's presence and its upward trajectory provide a useful tool for estimating a property's market value based on its size, offering a benchmark for both buyers and sellers. Sellers can assess how their property compares to the broader market trend. Buyers can evaluate whether a property is priced fairly relative to its size.




Calgary North Real Estate Statistics and Homes for Sale

Below are the listing statistics for homes in Calgary North. To see all homes for sale, click the "Total" link under "CAL Zone N Listings Summary".

Royal LePage Mission Real Estate
RE/MAX Real Estate (Mountain View)

Cal Zone N Listings Summary

Cal Zone N - Town vs. Region Stats

Avg Price in Cal Zone N: $641,000 / Region Avg $806,700

79%

Avg Sq. Ft. in Cal Zone N: 1,541 / Region Avg 1,552

99%

Avg Price per/sqft in Cal Zone N:$416 / Region Avg $520

80%

Avg Walkscore in Cal Zone N: 13 / Region Avg 62

20%

Avg Year Built in Cal Zone N: 2008 / Region Avg 1998

101%

Avg Days on Website in Cal Zone N: 20 / Region Avg 29

69%

Cal Zone N Real Estate Market Health

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