Best Performing Calgary Communities (March 2013)

Mt. Royal once again topped the list of communities with the highest year-over-year price growth for single family homes according to March 2013’s  MLS® HPI .

Top 5 Communities For Single Family Home Price Growth
(Year-over-Year Change, March  2013)

  1. Mt. Royal (+27.19%)    no change
  2. University Heights (+23.51%)  up
  3. Parkhill / Stanley Park (+22.17%)  up
  4. Erlton (+21.93%)    down
  5. St. Andrews Heights (+21.27%)  down

Note: arrows indicate movement on the list relative to last month, not of price-growth direction.

The number of communities that recorded negative price growth year-over-year dropped from 4 in February to 2 in March:

  • Sunalta (-8.57%)
  • Discovery Ridge (-1.6%)

Top 5 Communities For Condo-Apartments Price Growth
(Year-over-Year Change, March  2013)

  1. Briar Hill (+20.18%)
  2. Downtown East Village (+14.34%)
  3. Altadore / River Park (+14.24%)
  4. Rideau Park (+13.94%)
  5. Sunnyside (+13.77%)

There were are 13 communities that saw condo-apartment prices fall from year ago levels:

  • Greenview (-7.48%)
  • Tuxedo (-4.34%)
  • Coach Hill (-3.90%)
  • Pineridge (-3.74%)
  • Rosscarrock (-3.04%)
  • Forest Lawn (-2.40%)
  • Whitehorn (-1.89%)
  • Penbrooke (-1.54%)
  • Dover Glen (-1.48%)
  • Mission (-0.53%)
  • Applewood (-0.34%)
  • Acadia (-0.25%)
  • Somerset (-0.19%)

To view all the communities along with different property type categories such as Apartment and Townhomes, download the  HPI Summary Report for March 2013 pdf

Remember, the HPI is for general price trends in each housing category while the Benchmark Price is just for the ‘typical’ home in that community as outlined in the Attribute Report.

One response to “Best Performing Calgary Communities (March 2013)

  1. Pingback: Best Performing Calgary Communities (April 2013) | Calgary Real Estate Review

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