Blog by Daren Gull, Realtor

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NW Calgary Luxury Homes For Sale - August 15, 2012

For the purpose of this report we are defining luxury homes as those that are priced over $750,000, but this is a subjective measurement.

There are currently 85 Luxury Homes for sale over $750,000 in the NW Calgary area.

Price Range

The Luxury SW Calgary listings range in price from $759,000 for a 2004 square foot house in the Parkdale area at 526 35A Street NW SW to $4,250,000 for a 4385 square foot home in the Briar Hill area at 2019 Briar Crescent NW.

Current Listings

From July 6, 2012 through August 15, 2012 there have been 29 new listings in the Luxury market of NW Calgary for sale ranging in price from $759,000 2004 square foot house in the Parkdale area to $1,899,000 for a 3063 square foot house in the Briar Hill area.

Days on Market

The average days on market is 60 and the median days on market is 54.

Price Increases and Decreases

There has been 1 price increases and 22 price reductions on the 85 luxury homes for sale in the NW Calgary area. The reductions range from 1% to 10% with the average being 4%. The 10% drop was from $1,500,000 to $1,350,000.

Price Range of Current 85 Luxury Homes For Sale in the NW Calgary Area Over $750,000

There are currently 62 homes priced under $1 million

$ 700,000 - $800,000 – 26 homes
$ 800,000 - $900,000 – 26 homes
$ 900,000 - $1,000,000 – 10 homes
$ 1 - 1.1 million - 2
$ 1.1 - 1.2 million - 4
$ 1.2 - 1.3 million - 3
$ 1.3 - 1.4 million - 3
$ 1.4 - 1.5 million - 2
$ 1.5 - 1.75 million - 3
$ 1.75 - 2.0 million - 5
$ 2.0 - 2.5 million - 0
$ 2.5 - 3.0 million - 0
$ 3.0 - 4.0 million - 0
$ 4.0 - 5.0 million – 1
$ 5.0 - 6.0 million – 0
$ 6.0 - 7.0 million – 0
$ 7.0 - 8.0 million – 0
$ 8.0 - 9.0 million – 1
$ 9.0 - 10.0 million – 0
$ 10.0 - 11.0 million – 0
$ 11.0 - 12.0 million – 0
$ >12 million – 0

NW Calgary Luxury Homes For Sale by Community

Bowness - 10
Briar Hill - 6
Crescent Heights - 10
Hillhurst - 19
Parkdale - 24
Rosedale - 3
Sunnyside - 3
Varsity Acres - 2
Varsity Estates - 6
Varsity Village - 1