Chinook Heights Housing Market Statistics

Searching for Chinook Heights housing market statistics in Lethbridge? Trusted Chinook Heights Neighbourhood Experts community of Top Chinook Heights real estate agents with comprehensive housing market reports, trends, prices and sales data. Our monthly analytics provide insights into the Chinook Heights housing market, including supply and demand, neighborhood housing prices, and affordability.

We analyze Chinook Heights housing market statistics, trends, declines, days on market and house values to give you a clear understanding of housing availability, prices, past sales, and relevant market data in Chinook Heights.

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Chinook Heights Real Estate Market Report and Trends

Searching for Chinook Heights market reports and trends? Our REALTOR® partners are neighborhood experts in Chinook Heights. Chinook Heights REALTORS® can provide you with community demographics and statistics including details on household incomes, age, marital status and population living in private households.

Frequently Asked Questions

As of September 2025, the Chinook Heights Real Estate reports:

    • 0 active properties for sale
    • Highest priced property: 0.00
    • Lowest priced property: 0.00
    • Average price: 0.00

Yes, Chinook Heights remains a strong seller's market with:

  • Inventory: 1.5 months supply (balanced markets need 4-6)
  • Sales-to-list ratio: 75% (above 60% indicates seller's market)
  • Price reductions: Only 18% of listings reduce price

According to CREB's 2025 Q2 report, top areas by demand:

Area Price Range Days on Market
Evanston (NW) $500k-$700k 9
Auburn Bay (SE) $600k-$900k 11
Bridgeland (Inner City) $400k-$1.2M 14

Despite Bank of Canada's 5% policy rate (June 2025):

  • Calgary sales volume remains 12% above 5-year average
  • 55% of buyers are opting for adjustable-rate mortgages
  • New stress test rules allow 1% lower qualifying rate for insured mortgages

2025 Alberta Programs:

  1. First Home Savings Account (FHSA): $8,000/year contribution limit
  2. Alberta Home Buyer Program: 5% shared equity (max $50,000)
  3. City of Calgary Rebates: Up to $5,000 for energy-efficient homes
  4. Reduced Transfer Tax: $0 on first $450,000 for homes under $600k

Market indicators suggest:

  • Price forecast: CREB predicts 6-8% appreciation through 2025
  • Rent vs Buy: Average mortgage payments now 15% cheaper than equivalent rents
  • Construction: Only 2,800 new units expected in 2024 (demand for 5,000+)

Most analysts recommend buying if you plan to hold for 5+ years.

Beyond purchase price, budget for:

Cost Typical Range
Property Transfer Tax $200-$5,000
Home Inspection $400-$700
Legal Fees $1,000-$2,500
Property Tax Adjustment 0.5-1.5% of home value

Chinook Heights Housing Market Trends

The Chinook Heights housing market trends are influenced by economic conditions, interest rates, demographic shifts, and supply/demand dynamics. Recent years have seen low interest rates fueling demand and creating a seller's market with rising prices and limited inventory. The COVID-19 pandemic also shifted housing preferences toward larger homes and suburban/rural areas. These trends continue to evolve, making it important to monitor economic indicators and local market factors.

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Chinook Heights Price Trends

Current Chinook Heights housing market data (updated September 17th 5:00am):

  • 0 active properties for sale
  • Highest priced property: 0.00
  • Lowest priced property: 0.00
  • Average price: 0.00

Property types include single-family homes, townhomes, and new construction. View detailed Chinook Heights real estate statistics.

Chinook Heights Community Statistics

All community statistics are verified from direct community experience, whether from residents or professional visits. Our statistics provide valuable insights to help you evaluate if Chinook Heights is right for you.

Chinook Heights Real Estate Market

Search Chinook Heights homes for sale by market segment. View our average sale price charts and current trends for a comprehensive market overview. With extensive property tax data, we offer one of the most effective real estate research tools in Alberta.

Our powerful search feature allows you to explore homes, apartments and foreclosures throughout Alberta with current valuation data.