Beltline Calgary Annual Condo Sales Statistics for 2016
Calgary’s beltline is one of the most desirable places to live for urbanites looking to live, work and play in the downtown region.
Located just south of downtown, between 10th Avenue and 17th Avenue SW and 14th Street SW to the Elbow River, it’s an area where you’ll find some of the city’s best restaurants, shops and entertainment amid several high-rise condominium towers and a limited number of townhome properties.
Because of its proximity to the downtown core, these condominiums are ideal residences for those who work downtown and want to benefit from the walkability of living just a few blocks from work and nearly any amenity there is. Search All Beltline Newer Condos for Sale today.
If you are considering making a move to the beltline at some point in the near future, it will be a good idea to familiarize yourself with sales trends, statistics and other related information before making any decisions.
This is especially true for the times, as apartment properties have seen significant benchmark price reductions over the past few years and the sector is currently flooded with new and resale listings. Learn more at our Calgary Real Estate Market Updates today.
Below are all relevant average sales statistics for beltline condominiums throughout 2016. Call me anytime or message me using the contact form if you have any questions and I’ll be happy to answer them.
Beltline Condo Sales Statistics 2016
- 78 total units sold
- Original price – $809,358
- List price – $392,605
- Sales price – $357,415
- Close price to list price ratio – 96.7%
- Close price to original price ratio – 95.0%
- List price / square foot ratio – $447
- Sold price / square foot ratio – $432
- Days to sell – 60
*Sourced from the CREB®
Recent Beltline Activity
There’s been lots going on in terms of new condo construction in the beltline communities of Connaught and Victoria Park as of late.
Recently completed developments like The Guardian North & South and Mark on 10th have added hundreds of new units for sale while up and coming projects like 6th and 10th by Lamb Developments nears completion.
Just beginning construction is Qualex Landmark’s Park Point, a new one from the renowned Calgary condo developer. It sits just a stone throw away from another recently completed project called The Park.
Both condos overlook Central Memorial and Haultain Parks, two pristine green spaces found in the heart of the beltline.
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Questions about Beltline Condos for Sale?
As a highly-experienced condo expert and REALTOR® in Calgary, I promise to help you find a new or resale condo that fits your wants, needs, lifestyle and budget best while taking care of all your real estate needs.
Call me anytime at 403-370-4180 or message me below for a quick response. I am looking forward to helping you accomplish your real estate plans!
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