Somerset Real Estate Statistics Update

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Somerset Real Estate Statistics Update

In December 2024, the south west Calgary community of Somerset had a median home ask price of $344,900 while the median home sold price was $340,000. In the last twelve months, the median Somerset home ask price was $482,918 while the median Somerset home sold price was $489,137. 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
Dec 2024 7 11 34 $344,900 $340,000 -2%
Nov 2024 16 15 47 $329,900 $321,000 -3%
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%
191 158 23 $482,918 $489,137 0.64%

In December 2024, there were 7 homes listed for sale in the Somerset community in comparison to 16 homes listed for sale the previous month, and 0 homes listed for sale in December 2023. In the last twelve months there have been 191 homes listed for sale in Somerset.

There were 11 Somerset homes sold in December 2024 in comparison to 15 homes sold the month before, and 0 homes sold in December 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 Dec 2024 ### 17 STREET SW $679,900 $680,000 0% 14d
2 Dec 2024 ### Woodpark CIRCLE SW $749,988 $775,000 3% 54d
3 Dec 2024 ### Woodridge DRIVE SW #18 $629,000 $610,000 -4% 32d
4 Dec 2024 ### Woodview CRESCENT SW $514,900 $506,500 -2% 43d
5 Dec 2024 ### Woodpark PLACE SW $899,900 $880,000 -3% 26d
6 Dec 2024 ### 17 STREET SW $559,000 $560,000 0% 18d
7 Dec 2024 ### Somercrest CLOSE SW $574,999 $603,000 4% 13d
8 Dec 2024 ### Somervale COURT SW #308 $344,900 $340,000 -2% 91d
9 Dec 2024 ### Somervale COURT SW #312 $320,000 $305,000 -5% 45d
10 Dec 2024 ### Somervale COURT SW #202 $318,000 $313,000 -2% 48d
11 Dec 2024 ### Somerside CLOSE SW $544,900 $565,000 3% 4d
12 Dec 2024 ### Somervale VIEW SW #202 $265,000 $247,000 -7% 24d
13 Dec 2024 ### Somervale PLACE SW $614,900 $603,000 -2% 14d
14 Dec 2024 ### Somerset MANOR SW $729,900 $718,000 -2% 28d
15 Dec 2024 ### Somervale COURT SW #115 $250,000 $232,500 -7% 35d
16 Dec 2024 ### Somerset WAY SW $729,900 $725,000 -1% 31d
17 Dec 2024 ### Somervale COURT SW #410 $244,000 $235,000 -4% 45d
18 Nov 2024 ### Somerside CLOSE SW $575,000 $566,000 -2% 54d
19 Nov 2024 ### Somervale COURT SW #417 $299,900 $295,000 -2% 63d
20 Nov 2024 ### Somervale COURT SW #113 $239,900 $229,000 -5% 68d
21 Nov 2024 ### Somervale COURT SW #418 $329,900 $321,000 -3% 72d
22 Nov 2024 ### Somerglen PARK SW $719,900 $707,500 -2% 92d
23 Nov 2024 ### Somervale COURT SW #218 $319,990 $315,000 -2% 99d
24 Nov 2024 ### Somervale COURT SW #410 $250,000 $235,000 -6% 45d
25 Nov 2024 ### Somerset DRIVE SW $590,000 $585,000 -1% 48d
$491,751 $486,060 -2.16% 44d

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 Dec 2024 ### Woodpark PLACE SW $899,900 $880,000 -3% 26d
6 Jul 2024 ### 8 AVENUE SE $769,900 $820,000 6% 2d
7 Dec 2024 ### Woodpark CIRCLE SW $749,988 $775,000 3% 54d
8 Feb 2024 ### Somerset WAY SW $775,000 $772,500 -1% 13d
9 Apr 2024 ### Somerside BAY SW $759,900 $770,000 1% 18d
10 Feb 2024 ### Somerglen WAY SW $675,000 $733,000 8% 3d
$967,449 $984,150 1.60% 19d

In December, the highest selling home in south west Calgary sold for $7,525,000 which is in Aspen Woods. 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 Aspen Woods ### Aspen Ridge HEIGHTS SW $7,900,000 $7,525,000 -5% 295d
4 Upper Mount Royal ### Wolfe STREET SW $5,750,000 $5,500,000 -5% 17d
5 Upper Mount Royal ### Hillcrest AVENUE SW $6,000,000 $5,082,250 -16% 81d
6 Elbow Park ### 9 STREET SW $5,375,000 $5,000,000 -7% 55d
7 Bel-Aire ### Beverley PLACE SW $5,100,000 $4,875,000 -5% 101d
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
$6,706,260 $6,449,085 -5.20% 116d

In December, the highest selling home in Calgary sold for $7,525,000, which is in Aspen Woods. 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 Connaught (Beltline) 710, 706, & 640 10 AVENUE SW $13,508,600 $14,358,600 6% 409d
2 Victoria Park 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 Aspen Woods ### Aspen Ridge HEIGHTS SW $7,900,000 $7,525,000 -5% 295d
5 Saddleridge ### 80 AVENUE NE $6,200,000 $6,600,000 6% 7d
6 Upper Mount Royal ### Wolfe STREET SW $5,750,000 $5,500,000 -5% 17d
7 Upper Mount Royal ### Hillcrest AVENUE SW $6,000,000 $5,082,250 -16% 81d
8 Elbow Park ### 9 STREET SW $5,375,000 $5,000,000 -7% 55d
9 Bel-Aire ### Beverley PLACE SW $5,100,000 $4,875,000 -5% 101d
10 Britannia ### Britannia DRIVE SW $4,899,000 $4,800,000 -3% 9d
$7,722,120 $7,609,945 -3.40% 155d

With a population of 8,543 residents, the Somerset community has an annual average of 0.35 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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