Chinatown Real Estate Statistics Update

0
770

Chinatown Real Estate Statistics Update

In October 2024, the south west Calgary community of Chinatown had a median home ask price of $319,900 while the median home sold price was $310,000. In the last twelve months, the median Chinatown home ask price was $329,127 while the median Chinatown home sold price was $319,568. The below chart is a summary of the last twelve months home listing prices and sold prices in Chinatown.

No. New Properties No. Properties Sold Avg Days on the Market Median Asking Price Median Sold Price Adjustment Percentage
Oct 2024 16 5 88 $319,900 $310,000 -4%
Sep 2024 5 4 69 $347,500 $337,250 -3%
Aug 2024 14 4 17 $359,900 $353,500 -2%
Jul 2024 14 6 36 $309,949 $304,250 -2%
Jun 2024 24 9 32 $349,900 $342,000 -3%
May 2024 18 6 34 $377,000 $363,750 -4%
Apr 2024 21 8 44 $402,450 $390,000 -4%
Mar 2024 12 10 71 $332,400 $326,500 -2%
Feb 2024 7 6 45 $307,500 $290,000 -6%
Dec 2023 12 3 36 $344,900 $333,000 -4%
Nov 2023 8 5 47 $169,000 $165,000 -3%
151 66 47 $329,127 $319,568 -3.36%

In October 2024, there were 16 homes listed for sale in the Chinatown community in comparison to 5 homes listed for sale the previous month, and 0 homes listed for sale in October 2023. In the last twelve months there have been 151 homes listed for sale in Chinatown.

There were 5 Chinatown homes sold in October 2024 in comparison to 4 homes sold the month before, and 0 homes sold in October 2023. The below chart is a summary of the last 25 homes sold in Chinatown. Our last twelve month real estate sales dataset is not complete, and the below information should not be considered 100% reliable.

Month Address List Price Sold Price Adjustment % Sold IN
1 Oct 2024 ### Riverfront AVENUE SW #1426 $374,000 $360,000 -4% 121d
2 Oct 2024 ### Waterfront COURT SW #602 $308,800 $295,000 -5% 102d
3 Oct 2024 ### 3 AVENUE SW #510 $134,900 $123,000 -9% 126d
4 Oct 2024 ### Riverfront AVENUE SW #354 $319,900 $310,000 -4% 66d
5 Oct 2024 ### Riverfront AVENUE SW #913 $619,900 $602,500 -3% 25d
6 Sep 2024 ### Riverfront AVENUE SW #220 $315,000 $305,000 -4% 142d
7 Sep 2024 ### 2 STREET SW #1208 $589,000 $530,000 -11% 81d
8 Sep 2024 ### Waterfront COURT SW #403 $375,000 $362,500 -4% 38d
9 Sep 2024 ### waterfront MEWS SW #112 $320,000 $312,000 -3% 15d
10 Aug 2024 ### 2 STREET SW #1503 $669,900 $640,000 -5% 29d
11 Aug 2024 ### 2 STREET SW #1105 $349,900 $342,000 -3% 15d
12 Aug 2024 ### Waterfront COURT SW #711 $369,900 $365,000 -2% 16d
13 Aug 2024 ### Waterfront COURT SW #503 $299,900 $292,000 -3% 10d
14 Jul 2024 ### 17 STREET SE #56 $479,000 $468,000 -3% 48d
15 Jul 2024 ### 17 STREET SE #107 $319,900 $316,500 -2% 15d
16 Jul 2024 ### Inglewood PARK SE #407 $389,000 $385,000 -2% 12d
17 Jul 2024 ### 17 STREET SE #116 $265,000 $276,000 4% 12d
18 Jul 2024 ### 17 STREET SE #203 $349,000 $395,000 13% 8d
19 Jul 2024 ### 17 STREET SE #2 $425,000 $415,000 -3% 13d
20 Jul 2024 ### 10 AVENUE SE #101 $485,000 $476,000 -2% 16d
21 Jul 2024 ### 17 STREET SE #101 $389,800 $403,000 3% 3d
22 Jul 2024 ### 17 STREET SE #403 $379,900 $407,500 7% 13d
23 Jul 2024 ### Riverfront AVENUE SW #1002 $750,000 $695,000 -8% 96d
24 Jul 2024 ### Riverfront AVENUE SW #1818 $352,000 $348,000 -2% 49d
25 Jul 2024 ### 3 AVENUE SW #1007 $128,000 $125,000 -3% 22d
$390,308 $381,960 -2.32% 44d

In the last twelve months, the highest selling home in Chinatown sold for $2,070,000. The below chart is a summary of the top 10 selling homes in Chinatown over the last twelve months. Our last twelve month real estate sales dataset is not complete, and the below information should not be considered 100% reliable.

Month Address List Price Sold Price Adjustment % Sold IN
1 Nov 2023 ### Waterfront MEWS SW #401 $2,100,000 $2,070,000 -2% 13d
2 Apr 2024 ### Riverfront AVENUE SW #2212 $2,199,999 $2,050,000 -7% 22d
3 Jul 2024 ### 10 AVENUE SE $1,650,000 $1,650,000 0% 13d
4 Mar 2024 ### Waterfront MEWS SW #302 $1,650,000 $1,615,000 -3% 49d
5 Jul 2024 ### New STREET SE $1,295,000 $1,371,000 5% 4d
6 Apr 2024 ### Waterfront COURT SW #503 $1,300,000 $1,270,000 -3% 20d
7 Jul 2024 ### 10 AVENUE SE $1,199,900 $1,170,000 -3% 54d
8 Jul 2024 ### 9 AVENUE SE $899,900 $900,000 0% 5d
9 Jul 2024 ### 8 AVENUE SE $769,900 $820,000 6% 2d
10 Aug 2024 ### Abergale PLACE NE $699,900 $699,900 0% 9d
$1,376,460 $1,361,590 -0.70% 19d

In October, the highest selling home in south west Calgary sold for $14,358,600 which is in Connaught (Beltline). In the last twelve months, the highest selling home in south west Calgary sold for $14,358,600, which is in Connaught (Beltline). The below chart is a summary of the top 10 selling homes in south west Calgary over the last twelve months. Our last twelve month real estate sales dataset is not complete, and the below information should not be considered 100% reliable.

Community Name Address List Price Sold Price Adjustment % Sold IN
1 Connaught (Beltline) 710, 706, & 640 10 AVENUE SW $13,508,600 $14,358,600 6% 409d
2 Elbow Park ### 37 AVENUE SW $8,980,000 $8,000,000 -11% 164d
3 Upper Mount Royal ### Wolfe STREET SW $5,750,000 $5,500,000 -5% 17d
4 Upper Mount Royal ### Hillcrest AVENUE SW $6,000,000 $5,082,250 -16% 81d
5 Elbow Park ### 9 STREET SW $5,375,000 $5,000,000 -7% 55d
6 Britannia ### Britannia DRIVE SW $4,899,000 $4,800,000 -3% 9d
7 Upper Mount Royal ### Marquette STREET SW $4,800,000 $4,700,000 -3% 18d
8 Eagle Ridge ### Eagle Ridge DRIVE SW $4,750,000 $4,650,000 -3% 7d
9 Elbow Park ### Crestview ROAD SW $4,400,000 $4,400,000 0% 145d
10 Aspen Woods ### Aspen Ridge HEIGHTS SW $4,499,900 $4,330,000 -4% 41d
$6,296,250 $6,082,085 -4.60% 95d

In October, the highest selling home in Calgary sold for $14,358,600, which is in Victoria Park. In the last twelve months, the highest selling home in Calgary sold for $14,358,600, which is in Victoria Park. The below chart is a summary of the top 10 selling homes in Calgary over the last twelve months:

Community Name Address List Price Sold Price Adjustment % Sold IN
1 Victoria Park 710, 706, & 640 10 AVENUE SW $13,508,600 $14,358,600 6% 409d
2 Connaught (Beltline) 710, 706, & 640 10 AVENUE SW $13,508,600 $14,358,600 6% 409d
3 Elbow Park ### 37 AVENUE SW $8,980,000 $8,000,000 -11% 164d
4 Saddleridge ### 80 AVENUE NE $6,200,000 $6,600,000 6% 7d
5 Upper Mount Royal ### Wolfe STREET SW $5,750,000 $5,500,000 -5% 17d
6 Upper Mount Royal ### Hillcrest AVENUE SW $6,000,000 $5,082,250 -16% 81d
7 Elbow Park ### 9 STREET SW $5,375,000 $5,000,000 -7% 55d
8 Britannia ### Britannia DRIVE SW $4,899,000 $4,800,000 -3% 9d
9 Upper Mount Royal ### Marquette STREET SW $4,800,000 $4,700,000 -3% 18d
10 Eagle Ridge ### Eagle Ridge DRIVE SW $4,750,000 $4,650,000 -3% 7d
$7,377,120 $7,304,945 -3.00% 118d

With a population of 2,471 residents, the Chinatown community has an annual average of 1.08 crimes per capita (per 1,000 community residents).

Feel free to share this report on your website, and social media platforms.

Click here to see our latest Chinatown Crime Statistics analysis.

Click here to see our latest Safest Calgary Neighborhood Report

This Chinatown community real estate statistics report is sponsored by:

CALGARY BUSINESS BROKER SERVICING CHINATOWN: In Chinatown, Partner with us for tailored brokerage services. We specialize in business valuations, sell-side mandates, and buy-side mandates. Rely on our expertise to streamline the process and ensure the best results. Contact us to make the most of your business opportunities.

CALGARY MORTGAGE BROKER SERVICING CHINATOWN: Get the first home mortgage Calgary you deserve in Chinatown. Anita Mortgage provides customized solutions for every situation. Reach out today for more information. (403) 771-8771 or visit anitamortgage.ca

MAXIMIZE YOUR ONLINE VISIBILITY WITH TASSK MARKETING: SEO THAT WORKS!: Boost your SEO optimization with TASSK Marketing in Chinatown! Our SEO specialists craft targeted ads to enhance Structured data SEO and improve Local business SEO. Get monthly, optimized classified ads that keep your brand highly visible. Reach more customers and grow online! Visit tasskmarketing.com or call 403-720-0762.

PROFESSIONAL, DETAIL-ORIENTED, AND AFFORDABLE CHINATOWN PAINTER: Transform your Chinatown home with Five Star Painting! Offering expert interior and exterior painting in Calgary, we specialize in residential and commercial painting. Trust our licensed Calgary painters for quality results. Call 403-561-4338 or visit www.fivestarpainting.com to schedule your consultation today!

Monthly Chinatown community real estate statistics updates are produced by MyCalgary.com, which is owned and operated by Great News Media – Leaders in Community Focused Marketing.

Return to the Chinatown Community News home page for the latest Chinatown community updates.