Chris Birchard REALTOR® · TREC - The Real Estate Company

Capitol Hill real estate market

Updated July 2024 · detached homes · Pillar 9 / CREB sales records

As of July 2024, the typical detached home in Capitol Hill sold for about $700,000 (a 3-month average). Homes there are taking around 22 days to sell at 98.9% of asking price.

Typical sold price
$700,000
Days on market
22
% of asking price
98.9%

3-month averages, smoothed to filter month-to-month noise · not an appraisal

As of July 2024, the typical detached home in Capitol Hill sold for $700,000 - per CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

Negotiating leverage for detached homes in Capitol Hill, measured against the community’s own 5-year norm.

sale_to_list_ratio · 24mo · 3mo smoothed 2024-07
Balanced Market
Low 95%
5-yr norm 98.9% 98.9% of asking, now
(+0.0% vs norm)
High 101%
Capitol Hill (dots = reportable months) Calgary average

Homes are currently fetching 98.9% of asking against a 98.9% five-year norm. What that leverage means for a specific home depends on its type, style, and price band - that’s the conversation I have with the actual comparables on the table.

Pricing & pace

Typical detached home sold price (line) against days on market (bars), last 24 months.

median_price + days_on_market · 24mo 2024-07
Typical sold price Days on market

The grey bars are how long homes take to sell; generally, when they shrink, the price line rises. Right now Capitol Hill is selling slower than the seasonal norm (a 3-month median of 22 days versus 17 days historically for this time of year). Historically, when homes take this long to sell, inventory builds and prices have tended to cool or plateau.

Last 12 months at a glance

MONTH TYPICAL SOLD DAYS ON MARKET % OF ASKING
July 2024 $815,000 44 98.8%
June 2024
May 2024
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023

Single-month medians for detached homes, not smoothed; − means too few sales to report.

Data via Pillar 9 / CREB, aggregated by Chris Birchard, REALTOR®. Figures are medians for detached homes drawn from groups of 5 or more sales - informational only, not an appraisal or a guarantee of value. Latest data: July 2024.

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