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2024 market analytics

2024 Market Analysis: Midnapore

market recap calgary

Full 12 month recap:

Over the past 12 months, Midnapore has proven to be one of Calgary’s most desirable neighborhoods, offering a balanced mix of natural beauty, modern amenities, and a wide range of housing options. From detached homes and condos to multifamily units, the real estate market here has shown resilience and growth. With access to Midnapore Lake, scenic parks, schools, and shopping centers, it’s no surprise that buyers and investors continue to show strong interest in this vibrant community.

In this blog, we’ll take a closer look at Midnapore’s real estate performance over the last year, breaking it down into detached homes, condos, and multifamily properties. Whether you’re considering buying, selling, or investing, this report will give you a clear picture of the market trends and opportunities in Midnapore.

detached homes calgary south

Detached Homes:

The market for detached homes in Midnapore remained strong over the past year, with 47 homes sold. The average sale price for detached properties was $697,689, reflecting continued demand for single-family homes. Notably, these homes sold at an average of 101.64% of their listing price, showing a competitive market where buyers were often willing to pay above asking. The range of properties sold varied widely, from cozy two-bedroom homes to larger eight-bedroom properties, offering plenty of options for different buyers​

months of supply
condos for sale calgary

Condos for sale in midnapore:

For those looking for a more affordable entry point into the market, Midnapore’s condo sector remained a popular choice. Over the past year, 54 condo units were sold, with an average sale price of $298,214. Most units featured two bedrooms and offered a low-maintenance lifestyle ideal for professionals, first-time buyers, and downsizers. The condo market moved quickly, with units selling within an average of 24 days, proving that demand remains strong​

condos for sale calgary

Multifamily Analytics

The multifamily sector, including townhomes, rowhouses, and duplexes, saw 24 properties sold over the past 12 months. The average sale price in this segment was $555,015, making it an attractive option for buyers seeking more space without committing to a detached home. Many of these properties are located near parks, schools, and shopping, making them ideal for families. Strong demand meant that many multifamily homes sold at or above their listing price, further cementing Midnapore as a desirable neighborhood

midnapore calgary

Why Midnapore Continues to Thrive

Midnapore’s real estate success is a testament to its exceptional quality of life. With Midnapore Lake offering year-round recreation, top-rated schools, and plentiful green spaces, this community appeals to families, professionals, and retirees alike. The diverse housing options mean that whether you’re looking for a lakefront home, a budget-friendly condo, or an investment property, Midnapore has something to offer.

Another key advantage is Midnapore’s location, providing easy access to Fish Creek Provincial Park, shopping centers like Midnapore Mall, and major roadways, making it a convenient and well-connected community.

With rising home values and high demand, Midnapore continues to be a smart choice for both buyers and sellers. If you’re looking to sell, now is an excellent time to capitalize on strong market conditions. If you’re considering buying, working with a knowledgeable local real estate expert can help you navigate the competitive landscape and find the perfect home.

Houses for Sale Midnapore

Find your perfect home—lake access, ridge views, or cozy condos await!

Houses for sale midnapore