Chris Birchard REALTOR® · TREC - The Real Estate Company

Willow Park real estate market

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

As of September 2024, the typical detached home in Willow Park sold for about $905,000 (a 3-month average). Homes there are taking around 13 days to sell at 98.0% of asking price.

Typical sold price
$905,000
Days on market
13
% of asking price
98.0%

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

As of September 2024, the typical detached home in Willow Park sold for $905,000 - per CREB sales records analyzed by Chris Birchard, REALTOR®.

Who holds the cards?

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

sale_to_list_ratio · 24mo · 3mo smoothed 2024-09
Balanced Market
Low 95%
5-yr norm 97.5% 98.0% of asking, now
(+0.5% vs norm)
High 99%
Willow Park (dots = reportable months) Calgary average

Homes are currently fetching 98.0% of asking against a 97.5% 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 2024-09
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 Willow Park is selling faster than the seasonal norm (a 3-month median of 13 days versus 30 days historically for this time of year). Historically, high liquidity and low supply have preceded upward pressure on prices.

Last 12 months at a glance

MONTH TYPICAL SOLD DAYS ON MARKET % OF ASKING
September 2024 $770,000 9 98.2%
August 2024 $690,000 18 98.9%
July 2024
June 2024
May 2024 $1,250,000 13 96.9%
April 2024
March 2024 $780,000 6 100.8%
February 2024 $875,000 52 93.6%
January 2024
December 2023
November 2023
October 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: September 2024.

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