Springbank Hill Apartment Homes Market Update – April 30, 2026
Market Highlights (as of April 30, 2026)
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Average Sold Price: Over the past 12 months, apartment-style homes in Springbank Hill have achieved an average sold price of about $382,647.
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Average Days on Market: A slower selling pace, with more extended marketing times before firm sales shows up in an average selling pace of roughly 45.7 days from list to firm sale.
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Odds of Selling: With 36 listings sold, 1 pending, and 43 not sold, the odds of a successful sale for apartment-style homes in Springbank Hill over this period works out to about 46.2%.
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Monthly Selling Rate: The market has been processing apartment-style homes at a rate of about 3.1 apartment sales per month in Springbank Hill.
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Months of Inventory: At roughly 8.1 months of inventory, drawn from 25 active listings and the recent selling pace, there is more selection on the market, and some listings may take longer to secure a buyer.
To see how these local trends compare to current inventory and pricing across the city, you can view all Calgary apartment homes for sale.
Time to Sell
The Time to Sell chart plots individual apartment sales in Springbank Hill by days on market and sold price over the past 12 months, from 2025-04-30 to 2026-04-30. Each point represents one sold listing, with days on market on the horizontal axis and sold price on the vertical axis, plus reference lines showing the average sold price and a typical selling pace for this segment.
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Over the past 12 months, apartment listings here have taken about 45.7 days on average to go from listing to a firm sale. That’s a practical guide for how long a typical sale has taken in this segment.
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Sales that completed in less than about 16 days sit on the faster side of the chart and often reflect well-prepared listings that were aligned with recent pricing, while sales that took longer than roughly 66.2 days illustrate cases where extra time was needed before the right buyer and price match came together.
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Across this period, the average sold price for apartment homes in Springbank Hill has been near $382,647, and points that sit well to the right of the typical days-on-market line highlight situations where pricing, condition, or more specialized features required additional exposure before a firm sale.
Odds of Selling
The Odds of Selling chart summarizes how many apartment listings in Springbank Hill have sold, how many are still on the market, and how many were removed without a completed sale over the past 12 months, from 2025-04-30 to 2026-04-30. It also rolls those counts into an overall estimate of the percentage of listings that ultimately reach a firm sale.
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Odds of Selling: In the last year, the apartment segment in Springbank Hill has seen 36 completed sales and 1 pending deals, alongside 25 active listings and 43 that ended without a sale. Rolled up, that translates into about 46.2% of listings eventually reaching a firm sale.
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Monthly Selling Rate: Spread over the year, that activity works out to roughly 3.1 apartment sales per month in Springbank Hill, a straightforward read on how much buyer demand has been in play.
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Months of inventory currently sits near 8.1 months, combining the number of active listings with the recent selling rate; in practical terms, this means there is more selection on the market, and some listings may take longer to secure a buyer
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In this context, “not sold” captures listings that were terminated, expired, or withdrawn without reaching a firm sale, which helps distinguish between properties that successfully completed the moving process and those that left the market for other reasons.
Buying Pattern
The Buying Pattern chart shows how many apartment sales in Springbank Hill were completed in each of the last 12 months, including 11 full months plus the current month-to-date, so you can see how activity has moved through the year between 2025-04-30 and 2026-04-30.
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The busiest months for closed apartment sales over this period were Sep 2025, where the bar heights sit at the top of the chart for this 12-month window.
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On the quieter side, months such as Dec 2025 and Jan 2026 sit closer to the bottom of the chart, illustrating periods where fewer apartment sales were recorded.
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Across the 12-month window, monthly closed sales ranged from about 1 to 7 deals, for a total of 36 completed sales. That lines up with the monthly selling rate of roughly 3.1 sales per month shown in the broader odds-of-selling view.
Price vs. Square Footage
The Price vs. Square Footage chart focuses on the last three months of apartment sales in Springbank Hill, plotting each sale by interior size on the horizontal axis and sold price on the vertical axis. A trend line is overlaid to summarize how sale prices have tended to move as square footage changes in this recent sample.
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Recent closed apartment sales in this view span from around 521 sq. ft. through to roughly 1,171.5 sq. ft., and within that range the trend line suggests a moderate relationship where higher square footage has recently been associated with higher sale prices.
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On this chart, most recent apartment sales fall into a familiar size range for this community. That gives a practical sense of how buyers have been valuing extra square footage in everyday day-to-day trades. This view is based on about 10 sales over the most recent three-month period.
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Taken together with the average sold price of roughly $382,647 over the full 12-month window, the chart can be used as a directional guide: you can locate a home's square footage on the horizontal axis, follow it up toward the trend line, and get a sense of where similar recent sales have been concentrating on the price scale.
Key Takeaways
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Market tilt: With months of inventory sitting near 8.1 months, overall conditions in the apartment segment of Springbank Hill point toward buyer-leaning conditions. That shapes how much leverage buyers and sellers have when they negotiate around recent comparables.
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Listing outcomes: Over the last 12 months, roughly 46.2% of apartment listings in Springbank Hill have either sold or are currently pending, while the remainder were withdrawn or expired. That makes it important to align pricing and preparation with where most successful sales have been landing on the charts.
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Time to sell: Over the past 12 months, apartment listings in Springbank Hill have taken around 45.7 days on average to firm up, which means the selling process has often required a longer marketing window before firming up; for planning purposes it is wise to allow for some variability around that figure.
Considering a Move?
If Springbank Hill is on your radar and you’d like a grounded take on how the apartment market is behaving right now, I can help you sort out your best next steps.
Buying: I’ll help you zero in on the right opportunities, compare the numbers, and move with confidence in the Springbank Hill apartment market.
Selling: I’ll help you read the demand signals, tune pricing properly, and highlight the features that move buyers in this part of Springbank Hill.
Want clear guidance shaped around your goals and timeline?
Let’s talk.
