Somerset Real Estate Statistics Update

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In March 2024, the south west Calgary community of Somerset had a median home ask price of $537,450 while the median home sold price was $573,750. In the last twelve months, the median Somerset home ask price was $423,227 while the median Somerset home sold price was $434,523. The below chart is a summary of the last twelve months home listing prices and sold prices in Somerset.

No. New Propertise No. Propertise Sold Avg Days on the Market Median Asking Price Median Sold Price Adjustment Percentage
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%
Oct 2023 21 18 17 $524,900 $543,500 3%
Sep 2023 25 31 17 $375,000 $380,000 1%
Aug 2023 30 22 17 $277,450 $277,950 0%
Jul 2023 19 17 17 $269,000 $270,000 0%
Jun 2023 22 20 19 $282,400 $279,500 -2%
May 2023 13 18 14 $499,950 $528,000 5%
Apr 2023 29 22 13 $352,500 $395,250 12%
209 197 18 $423,227 $434,523 1.91%

In March 2024, there were 19 homes listed for sale in the Somerset community in comparison to 15 homes listed for sale the previous month, and 0 homes listed for sale in March 2023. In the last twelve months there have been 209 homes listed for sale in Somerset.

There were 18 Somerset homes sold in March 2024 in comparison to 10 homes sold the month before, and 0 homes sold in March 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 Mar 2024 ### Aboyne CRESCENT $360,000 $387,000 7% 2d
2 Mar 2024 ### Somerset DRIVE SW $505,000 $545,000 7% 50d
3 Mar 2024 ### Somervale VIEW SW #104 $259,900 $253,000 -3% 27d
4 Mar 2024 ### Somerside CRESCENT SW $670,000 $665,000 -1% 17d
5 Mar 2024 ### Somervale COURT SW #212 $205,000 $200,000 -3% 14d
6 Mar 2024 ### Somercrest CIRCLE SW $599,999 $616,000 2% 10d
7 Mar 2024 ### Somervale POINTE SW $425,000 $432,500 1% 12d
8 Mar 2024 ### Somerset DRIVE SW $569,900 $602,500 5% 13d
9 Mar 2024 ### Somerglen ROAD SW $725,000 $725,000 0% 16d
10 Mar 2024 ### Somervale COURT SW #415 $279,900 $317,500 13% 9d
11 Mar 2024 ### Somerglen COMMON SW $688,000 $680,000 -2% 20d
12 Mar 2024 ### SOMERGLEN PLACE SW $649,988 $710,000 9% 5d
13 Mar 2024 ### Somerset CLOSE SW $689,900 $689,900 0% 7d
14 Mar 2024 ### Somervale COURT SW #314 $274,900 $328,000 19% 11d
15 Mar 2024 ### Somervale COURT SW #337 $226,900 $222,000 -3% 8d
16 Mar 2024 ### Somervale VIEW SW #204 $240,000 $250,204 4% 7d
17 Mar 2024 ### Somerside CLOSE SW $589,900 $615,000 4% 7d
18 Mar 2024 ### Somercrest GROVE SW $599,888 $635,000 5% 5d
19 Mar 2024 ### Somervale COURT SW #110 $234,999 $255,000 8% 3d
20 Feb 2024 ### Somerside DRIVE SW $470,000 $502,000 6% 38d
21 Feb 2024 ### Somervale COURT SW #328 $224,900 $224,900 0% 14d
22 Feb 2024 ### Somerglen WAY SW $675,000 $733,000 8% 3d
23 Feb 2024 ### Somervale COURT SW #329 $220,000 $220,000 0% 26d
24 Feb 2024 ### Somerside CRESCENT SW $679,900 $712,000 4% 7d
25 Feb 2024 ### Somervale COURT SW #302 $249,900 $283,000 13% 15d
$452,555 $472,140 4.12% 14d

In the last twelve months, the highest selling home in Somerset sold for $772,500. 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 Feb 2024 ### Somerset WAY SW $775,000 $772,500 -1% 13d
2 Feb 2024 ### Somerglen WAY SW $675,000 $733,000 8% 3d
3 Mar 2024 ### Somerglen ROAD SW $725,000 $725,000 0% 16d
4 Oct 2023 ### Somerglen CRESCENT SW $725,000 $725,000 0% 13d
5 Feb 2024 ### Somerside CRESCENT SW $679,900 $712,000 4% 7d
6 Mar 2024 ### SOMERGLEN PLACE SW $649,988 $710,000 9% 5d
7 Mar 2024 ### Somerset CLOSE SW $689,900 $689,900 0% 7d
8 Jul 2023 ### Somerset SQUARE SW $679,000 $687,000 1% 5d
9 Mar 2024 ### Somerglen COMMON SW $688,000 $680,000 -2% 20d
10 Sep 2023 ### Somerset DRIVE SW $649,900 $680,000 4% 2d
$693,669 $711,440 2.30% 44d

In March, the highest selling home in south west Calgary sold for $4,250,000 which is in Britannia. In the last twelve months, the highest selling home in south west Calgary sold for $8,000,000, which is in Elbow Park. 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 Elbow Park ### 37 AVENUE SW $8,980,000 $8,000,000 -11% 164d
2 Elbow Park ### 37 AVENUE SW $4,895,000 $4,800,000 -2% 22d
3 Upper Mount Royal ### Hope STREET SW $4,500,000 $4,750,000 5% 2d
4 Lakeview ### Livingstone DRIVE SW $4,750,000 $4,700,000 -2% 57d
5 Bel-Aire ### Beverley BOULEVARD SW $4,450,000 $4,271,000 -5% 51d
6 Britannia ### Britannia DRIVE SW $4,290,000 $4,250,000 -1% 7d
7 Elboya ### Britannia DRIVE SW $4,325,000 $4,250,000 -2% 0d
8 Britannia ### Britannia DRIVE SW $4,499,000 $4,075,000 -10% 35d
9 Upper Mount Royal ### Morrison STREET SW $3,899,000 $3,750,000 -4% 33d
10 Upper Mount Royal ### Champlain STREET SW $3,995,000 $3,667,000 -9% 0d
$4,858,300 $4,651,300 -4.10% 81d

In March, the highest selling home in Calgary sold for $4,250,000, which is in Britannia. In the last twelve months, the highest selling home in Calgary sold for $8,000,000, which is in Elbow 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 Elbow Park ### 37 AVENUE SW $8,980,000 $8,000,000 -11% 164d
2 Elbow Park ### 37 AVENUE SW $4,895,000 $4,800,000 -2% 22d
3 Upper Mount Royal ### Hope STREET SW $4,500,000 $4,750,000 5% 2d
4 Lakeview ### Livingstone DRIVE SW $4,750,000 $4,700,000 -2% 57d
5 Rosedale ### Crescent ROAD NW $4,495,000 $4,400,000 -3% 31d
6 Bel-Aire ### Beverley BOULEVARD SW $4,450,000 $4,271,000 -5% 51d
7 Britannia ### Britannia DRIVE SW $4,290,000 $4,250,000 -1% 7d
8 Hounsfield Heights-Briar Hill ### Juniper ROAD NW $4,490,000 $4,250,000 -6% 0d
9 Elboya ### Britannia DRIVE SW $4,325,000 $4,250,000 -2% 0d
10 Britannia ### Britannia DRIVE SW $4,499,000 $4,075,000 -10% 35d
$4,967,400 $4,774,600 -3.70% 118d

With a population of 8,543 residents, the Somerset community has annual average of 0.68 crimes per capita (per 1,000 community residents).

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This Somerset community real estate statistics report is sponsored by Anita Lemke, Somerset Mortgage Broker. The terms of your mortgage may be costing you THOUSANDS MORE than you need to pay! As a local Somerset Mortgage Professional with more than a dozen years experience, I have helped your neighbours navigate their renewal, refinance, and purchase options. With lending partners ranging from major banks to private lenders, I have access to many financing options. If you are looking for a mortgage broker in Somerset, contact Anita @ 403-771-8771 | [email protected] | AnitaMortgage.ca | Licensed by Avenue Financial

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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