Somerset Real Estate Statistics Update

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Somerset Real Estate Statistics Update

In October 2024, the south west Calgary community of Somerset had a median home ask price of $575,000 while the median home sold price was $560,500. In the last twelve months, the median Somerset home ask price was $511,064 while the median Somerset home sold price was $516,091. The below chart is a summary of the last twelve months home listing prices and sold prices in Somerset.

No. New Properties No. Properties Sold Avg Days on the Market Median Asking Price Median Sold Price Adjustment Percentage
Oct 2024 13 15 22 $575,000 $560,500 -3%
Sep 2024 24 9 24 $364,900 $380,000 4%
Aug 2024 23 15 22 $329,900 $329,900 0%
Jul 2024 16 19 24 $575,000 $575,000 0%
Jun 2024 20 14 20 $599,000 $602,500 0%
May 2024 19 17 19 $568,600 $568,000 -1%
Apr 2024 19 15 11 $535,000 $555,555 3%
Mar 2024 19 18 13 $537,450 $573,750 6%
Feb 2024 15 10 14 $552,450 $574,300 3%
Dec 2023 7 11 26 $560,000 $542,500 -4%
Nov 2023 9 10 32 $424,400 $415,000 -3%
184 153 21 $511,064 $516,091 0.45%

In October 2024, there were 13 homes listed for sale in the Somerset community in comparison to 24 homes listed for sale the previous month, and 0 homes listed for sale in October 2023. In the last twelve months there have been 184 homes listed for sale in Somerset.

There were 15 Somerset homes sold in October 2024 in comparison to 9 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 Somerset. 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 ### Somervale COURT SW #213 $319,000 $317,000 -1% 54d
2 Oct 2024 ### Somerset DRIVE SW $599,999 $610,000 1% 45d
3 Oct 2024 ### Somervale VIEW SW #305 $259,000 $259,000 0% 30d
4 Oct 2024 ### Somervale VIEW SW #205 $255,000 $247,000 -4% 42d
5 Oct 2024 ### Somerset DRIVE SW $659,900 $645,000 -3% 23d
6 Oct 2024 ### Somervale POINT SW $385,000 $385,000 0% 22d
7 Oct 2024 ### Somercrest GARDENS SW $650,000 $655,000 0% 16d
8 Oct 2024 ### Somerglen COMMON SW $624,900 $625,000 0% 20d
9 Oct 2024 ### Somervale VIEW SW #101 $249,900 $250,000 0% 16d
10 Oct 2024 ### Somercrest CLOSE SW $580,000 $575,000 -1% 7d
11 Oct 2024 ### Somervale COURT SW #413 $250,000 $255,000 2% 16d
12 Oct 2024 ### Somerside CRESCENT SW $600,000 $625,000 4% 8d
13 Oct 2024 ### Somerside DRIVE SW $575,000 $560,500 -3% 20d
14 Oct 2024 ### Somervale VIEW SW #107 $249,900 $255,000 2% 14d
15 Oct 2024 ### Somerglen CLOSE SW $639,999 $632,500 -2% 10d
16 Sep 2024 ### Somervale COURT SW #104 $299,888 $297,000 -1% 35d
17 Sep 2024 ### Somervale VIEW SW #309 $259,000 $250,000 -4% 45d
18 Sep 2024 ### Somervale VIEW SW #205 $289,900 $285,000 -2% 27d
19 Sep 2024 ### Somercrest MANOR SW $540,000 $528,000 -3% 17d
20 Sep 2024 ### Somerglen ROAD SW $669,900 $655,000 -3% 39d
21 Sep 2024 ### Somervale COURT SW #234 $299,900 $295,000 -2% 13d
22 Sep 2024 ### Somervale PARK SW $364,900 $380,000 4% 10d
23 Sep 2024 ### Somercrest GARDENS SW $620,000 $620,000 0% 14d
24 Sep 2024 ### Somercrest STREET SW $550,000 $555,000 0% 16d
25 Aug 2024 ### Somervale COURT SW #203 $299,000 $288,000 -4% 62d
$443,603 $441,960 -0.80% 25d

In the last twelve months, the highest selling home in Somerset sold for $1,650,000. The below chart is a summary of the top 10 selling homes in Somerset 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 Jul 2024 ### 10 AVENUE SE $1,650,000 $1,650,000 0% 13d
2 Jul 2024 ### New STREET SE $1,295,000 $1,371,000 5% 4d
3 Jul 2024 ### 10 AVENUE SE $1,199,900 $1,170,000 -3% 54d
4 Jul 2024 ### 9 AVENUE SE $899,900 $900,000 0% 5d
5 Jul 2024 ### 8 AVENUE SE $769,900 $820,000 6% 2d
6 Feb 2024 ### Somerset WAY SW $775,000 $772,500 -1% 13d
7 Apr 2024 ### Somerside BAY SW $759,900 $770,000 1% 18d
8 Feb 2024 ### Somerglen WAY SW $675,000 $733,000 8% 3d
9 Mar 2024 ### Somerglen ROAD SW $725,000 $725,000 0% 16d
10 Oct 2023 ### Somerglen CRESCENT SW $725,000 $725,000 0% 13d
$947,460 $963,650 1.60% 14d

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 8,543 residents, the Somerset community has an annual average of 0.48 crimes per capita (per 1,000 community residents).

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This Somerset community real estate statistics report is sponsored by:

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

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