In February 2024, the south west Calgary community of Somerset had a median home ask price of $552,450 while the median home sold price was $574,300. In the last twelve months, the median Somerset home ask price was $403,914 while the median Somerset home sold price was $411,909. 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 | |
|---|---|---|---|---|---|---|
| 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% |
| Mar 2023 | 18 | 17 | 15 | $325,000 | $325,000 | 0% |
| 208 | 196 | 18 | $403,914 | $411,909 | 1.36% |
In February 2024, there were 15 homes listed for sale in the Somerset community in comparison to 0 homes listed for sale the previous month, and 0 homes listed for sale in February 2023. In the last twelve months there have been 208 homes listed for sale in Somerset.
There were 10 Somerset homes sold in February 2024 in comparison to 0 homes sold the month before, and 0 homes sold in February 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 | Feb 2024 | ### Somerside DRIVE SW | $470,000 | $502,000 | 6% | 38d |
| 2 | Feb 2024 | ### Somervale COURT SW #328 | $224,900 | $224,900 | 0% | 14d |
| 3 | Feb 2024 | ### Somerglen WAY SW | $675,000 | $733,000 | 8% | 3d |
| 4 | Feb 2024 | ### Somervale COURT SW #329 | $220,000 | $220,000 | 0% | 26d |
| 5 | Feb 2024 | ### Somerside CRESCENT SW | $679,900 | $712,000 | 4% | 7d |
| 6 | Feb 2024 | ### Somervale COURT SW #302 | $249,900 | $283,000 | 13% | 15d |
| 7 | Feb 2024 | ### Somerset MANOR SW | $634,900 | $646,600 | 1% | 3d |
| 8 | Feb 2024 | ### Somervale VIEW SW #203 | $249,900 | $238,000 | -5% | 17d |
| 9 | Feb 2024 | ### Somerset WAY SW | $775,000 | $772,500 | -1% | 13d |
| 10 | Feb 2024 | ### Somerset SQUARE SW | $659,000 | $659,000 | 0% | 9d |
| 11 | Dec 2023 | ### Somerglen WAY SW | $620,000 | $610,000 | -2% | 47d |
| 12 | Dec 2023 | ### Somerside CLOSE SW | $560,000 | $536,000 | -5% | 52d |
| 13 | Dec 2023 | ### Somervale COURT SW #214 | $209,900 | $207,000 | -2% | 33d |
| 14 | Dec 2023 | ### Somervale GREEN SW | $550,000 | $542,500 | -2% | 30d |
| 15 | Dec 2023 | ### Somerside CLOSE SW | $544,800 | $530,000 | -3% | 46d |
| 16 | Dec 2023 | ### Somerglen ROAD SW | $608,000 | $595,000 | -3% | 28d |
| 17 | Dec 2023 | ### Somerglen ROAD SW | $599,900 | $630,000 | 5% | 23d |
| 18 | Dec 2023 | ### Somervale VIEW SW #112 | $229,900 | $227,500 | -2% | 10d |
| 19 | Dec 2023 | ### Somerglen WAY SW | $634,900 | $625,000 | -2% | 4d |
| 20 | Dec 2023 | ### Somerglen WAY SW | $599,900 | $610,500 | 1% | 6d |
| 21 | Dec 2023 | ### SOMERVALE DRIVE SW | $509,988 | $509,988 | 0% | 7d |
| 22 | Nov 2023 | ### Somervale COURT SW #214 | $309,900 | $300,000 | -4% | 46d |
| 23 | Nov 2023 | ### Somerset CIRCLE SW | $649,800 | $661,000 | 1% | 49d |
| 24 | Nov 2023 | ### Somervale COURT SW #417 | $275,000 | $275,000 | 0% | 44d |
| 25 | Nov 2023 | ### Somerset DRIVE SW | $575,000 | $565,000 | -2% | 24d |
| $492,620 | $496,620 | 0.24% | 24d |
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 | Oct 2023 | ### Somerglen CRESCENT SW | $725,000 | $725,000 | 0% | 13d |
| 4 | Feb 2024 | ### Somerside CRESCENT SW | $679,900 | $712,000 | 4% | 7d |
| 5 | Jul 2023 | ### Somerset SQUARE SW | $679,000 | $687,000 | 1% | 5d |
| 6 | Sep 2023 | ### Somerset DRIVE SW | $649,900 | $680,000 | 4% | 2d |
| 7 | Aug 2023 | ### Somerset MANOR SW | $625,000 | $670,000 | 7% | 9d |
| 8 | Nov 2023 | ### Somerset CIRCLE SW | $649,800 | $661,000 | 1% | 49d |
| 9 | Feb 2023 | ### Somerside PARK SW | $669,800 | $660,000 | -2% | 49d |
| 10 | Feb 2024 | ### Somerset SQUARE SW | $659,000 | $659,000 | 0% | 9d |
| $678,740 | $695,950 | 2.20% | 75d |
In February, the highest selling home in south west Calgary sold for $3,320,000 which is in Elbow Park. 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 | Elboya | ### Britannia DRIVE SW | $4,325,000 | $4,250,000 | -2% | 0d |
| 7 | Britannia | ### Britannia DRIVE SW | $4,499,000 | $4,075,000 | -10% | 35d |
| 8 | Bel-Aire | ### Beverley BOULEVARD SW | $4,400,000 | $3,900,000 | -12% | 71d |
| 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 |
| $4,869,300 | $4,616,300 | -5.20% | 119d |
In February, the highest selling home in Calgary sold for $3,320,000, which is in Elbow Park. 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 | Hounsfield Heights-Briar Hill | ### Juniper ROAD NW | $4,490,000 | $4,250,000 | -6% | 0d |
| 8 | Elboya | ### Britannia DRIVE SW | $4,325,000 | $4,250,000 | -2% | 0d |
| 9 | Britannia | ### Britannia DRIVE SW | $4,499,000 | $4,075,000 | -10% | 35d |
| 10 | Bel-Aire | ### Beverley BOULEVARD SW | $4,400,000 | $3,900,000 | -12% | 71d |
| $4,978,400 | $4,739,600 | -4.80% | 162d |
With a population of 8,543 residents, the Somerset community has annual average of 0.61 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.
Return to the Somerset Community News home page for the latest Somerset community updates.
