Somerset Real Estate Statistics Update

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In August 2024, the south west Calgary community of Somerset had a median home ask price of $329,900 while the median home sold price was $329,900. In the last twelve months, the median Somerset home ask price was $507,427 while the median Somerset home sold price was $514,546. 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
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%
Oct 2023 21 18 17 $524,900 $543,500 3%
Sep 2023 25 31 17 $375,000 $380,000 1%
193 178 20 $507,427 $514,546 0.73%

In August 2024, there were 23 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 August 2023. In the last twelve months there have been 193 homes listed for sale in Somerset.

There were 15 Somerset homes sold in August 2024 in comparison to 19 homes sold the month before, and 0 homes sold in August 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 Aug 2024 ### Somervale COURT SW #203 $299,000 $288,000 -4% 62d
2 Aug 2024 ### Somerset DRIVE SW $674,999 $670,000 -1% 51d
3 Aug 2024 ### Somercrest CIRCLE SW $569,000 $557,500 -3% 27d
4 Aug 2024 ### Somervale COURT SW #103 $304,000 $302,000 -1% 18d
5 Aug 2024 ### Somervale COURT SW #314 $329,900 $329,900 0% 23d
6 Aug 2024 ### Somervale COURT SW ##6210 $250,000 $250,000 0% 30d
7 Aug 2024 ### Somervale VIEW SW #107 $269,900 $263,900 -3% 26d
8 Aug 2024 ### Somervale COURT SW #218 $339,900 $340,000 0% 18d
9 Aug 2024 ### Somervale PARK SW $350,000 $379,250 8% 8d
10 Aug 2024 ### Somerglen Way SW $719,000 $715,000 -1% 7d
11 Aug 2024 ### Somervale VIEW SW #103 $245,000 $235,000 -5% 14d
12 Aug 2024 ### Somerside DRIVE SW $598,000 $619,500 3% 13d
13 Aug 2024 ### SOMERSET SQUARE SW $625,000 $647,500 3% 12d
14 Aug 2024 ### Somervale COURT SW #403 $299,999 $300,000 0% 13d
15 Aug 2024 ### Somervale COURT SW #108 $285,000 $295,000 3% 10d
16 Jul 2024 ### 17 STREET SE #56 $479,000 $468,000 -3% 48d
17 Jul 2024 ### 17 STREET SE #107 $319,900 $316,500 -2% 15d
18 Jul 2024 ### Inglewood PARK SE #407 $389,000 $385,000 -2% 12d
19 Jul 2024 ### 17 STREET SE #116 $265,000 $276,000 4% 12d
20 Jul 2024 ### 17 STREET SE #203 $349,000 $395,000 13% 8d
21 Jul 2024 ### 17 STREET SE #2 $425,000 $415,000 -3% 13d
22 Jul 2024 ### 10 AVENUE SE #101 $485,000 $476,000 -2% 16d
23 Jul 2024 ### 17 STREET SE #101 $389,800 $403,000 3% 3d
24 Jul 2024 ### 17 STREET SE #403 $379,900 $407,500 7% 13d
25 Jul 2024 ### Somervale COURT SW #204 $329,000 $325,000 -2% 54d
$398,772 $402,382 0.48% 21d

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% 67d

In August, the highest selling home in south west Calgary sold for $4,700,000 which is in Upper Mount Royal. 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 Upper Mount Royal ### Wolfe STREET SW $5,750,000 $5,500,000 -5% 17d
3 Upper Mount Royal ### Hillcrest AVENUE SW $6,000,000 $5,082,250 -16% 81d
4 Britannia ### Britannia DRIVE SW $4,899,000 $4,800,000 -3% 9d
5 Upper Mount Royal ### Marquette STREET SW $4,800,000 $4,700,000 -3% 18d
6 Eagle Ridge ### Eagle Ridge DRIVE SW $4,750,000 $4,650,000 -3% 7d
7 Elbow Park ### Crestview ROAD SW $4,400,000 $4,400,000 0% 145d
8 Aspen Woods ### Aspen Ridge HEIGHTS SW $4,499,900 $4,330,000 -4% 41d
9 Bel-Aire ### Beverley BOULEVARD SW $4,450,000 $4,271,000 -5% 51d
10 Britannia ### Britannia DRIVE SW $4,290,000 $4,250,000 -1% 7d
$5,281,890 $4,998,325 -5.10% 121d

In August, the highest selling home in Calgary sold for $4,700,000, which is in Upper Mount Royal. 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 Upper Mount Royal ### Wolfe STREET SW $5,750,000 $5,500,000 -5% 17d
3 Upper Mount Royal ### Hillcrest AVENUE SW $6,000,000 $5,082,250 -16% 81d
4 Britannia ### Britannia DRIVE SW $4,899,000 $4,800,000 -3% 9d
5 Upper Mount Royal ### Marquette STREET SW $4,800,000 $4,700,000 -3% 18d
6 Eagle Ridge ### Eagle Ridge DRIVE SW $4,750,000 $4,650,000 -3% 7d
7 Rosedale ### Crescent ROAD NW $4,495,000 $4,400,000 -3% 31d
8 Elbow Park ### Crestview ROAD SW $4,400,000 $4,400,000 0% 145d
9 Aspen Woods ### Aspen Ridge HEIGHTS SW $4,499,900 $4,330,000 -4% 41d
10 Bel-Aire ### Beverley BOULEVARD SW $4,450,000 $4,271,000 -5% 51d
$5,302,390 $5,013,325 -5.30% 177d

With a population of 8,543 residents, the Somerset community has annual average of 0.53 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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