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Monthly market update

Discovery Ridge real estate market report.

See the latest available Discovery Ridge benchmark prices, listings, sales, absorption and days on market—then talk through what the numbers mean for the home you are considering.

Discovery Ridge community in Calgary
Monthly market snapshot

Discovery Ridge · August 2026

See Discovery Ridge benchmark prices, active and sold listings, absorption and average days on market by property type for August 2026. A blank simply means that field was not reported for that segment.

Report statusLatest available reportReal Info Box Inc.
Discovery RidgeMarket reportReal Estate Partners · Real Broker
Reporting periodAugust 2026Community report · no estimates
01Market statusAbsorption-rate view
Property type

Detached

50%Listing absorption rate
Property type

Semi-detached

100%Listing absorption rate
Property type

Row

0%Listing absorption rate
Property type

Apartment

25%Listing absorption rate
02Benchmark priceBy property type
Detached$1,337,200August 2026 benchmark
Month to monthUp 1.3%
Year to yearUp 6.46%
Semi-detachedNot reportedAugust 2026 benchmark
Month to monthNot reported in supplied file
Year to yearNot reported in supplied file
Row$590,900August 2026 benchmark
Month to monthDown 0.02%
Year to yearDown 0.54%
Apartment$391,500August 2026 benchmark
Month to monthDown 1.21%
Year to yearDown 7.21%
03Active & sold listingsPlus average days on market

Detached

Active6August 2026
Sold3August 2026
ADOM46days

Semi-detached

Active—not reported
Sold2August 2026
ADOM42days

Row

Active1August 2026
Sold—not reported
ADOM—not reported

Apartment

Active4August 2026
Sold1August 2026
ADOM96days
Discovery Ridge August 2026 market data
Property typeBenchmarkAbsorptionActiveSoldADOM
Detached$1,337,20050%6346
Semi-detachedNot reported100%Not reported242
Row$590,9000%1Not reportedNot reported
Apartment$391,50025%4196

Source: Real Info Box Inc. Values transcribed from the client-supplied Discovery Ridge Complete Report — August 2026; information is deemed reliable but not guaranteed. Community statistics are not a property valuation.

Monthly report archive

Follow the Discovery Ridge market over time.

Open any month to see the property-type figures reported for that period. New reports are added without erasing the earlier record.

How to use this report

Turn the Discovery Ridge numbers into a better property decision.

Compare the same kind of home

Detached, semi-detached, row and apartment markets can move differently. Start with the segment that matches the property. For Discovery Ridge, keep detached homes from varied build periods in the same decision as neighbourhood parks and local routes. Nearby alternatives in the same decision can include Springbank Hill and Signal Hill.

Look at supply and sales together

Active listings show the available competition; sales and absorption show how buyers are moving through it. A few transactions can move a percentage sharply. For Discovery Ridge, keep attached choices where available in the same decision as everyday services and city connections. Nearby alternatives in the same decision can include Signal Hill and Cougar Ridge.

Bring the numbers back to the address

The community trend is context, while lot position, effective age, renovations, condition, finish and current alternatives shape one home. For Discovery Ridge, keep renovated and original-condition properties in the same decision as a range of commuting directions. Nearby alternatives in the same decision can include Cougar Ridge and Valley Ridge.

What the numbers mean

A quick guide to the monthly measures.

01

Benchmark price

A modelled reference for a defined property type and geography—not the expected sale price of a specific home. For Discovery Ridge, keep detached homes from varied build periods in the same decision as neighbourhood parks and local routes. Nearby alternatives in the same decision can include Springbank Hill and Signal Hill.

02

Active listings

Properties reported active under the source rules at the period cut-off. Current status still requires the live listing source. For Discovery Ridge, keep attached choices where available in the same decision as everyday services and city connections. Nearby alternatives in the same decision can include Signal Hill and Cougar Ridge.

03

Sales

Transactions counted by the licensed report definition for the named period, geography and property form. For Discovery Ridge, keep renovated and original-condition properties in the same decision as a range of commuting directions. Nearby alternatives in the same decision can include Cougar Ridge and Valley Ridge.

04

Absorption rate

A supply-and-sales relationship whose calculation, period and denominator must be understood before assigning a market label. For Discovery Ridge, keep different lot, street and route contexts in the same decision as community amenities confirmed for the address. Nearby alternatives in the same decision can include Valley Ridge and Springbank Hill.

05

ADOM

Average days on market under the source methodology. It describes the reported set, not a guaranteed marketing time. For Discovery Ridge, keep detached homes from varied build periods in the same decision as neighbourhood parks and local routes. Nearby alternatives in the same decision can include Springbank Hill and Signal Hill.

Current Discovery Ridge homes

See current Discovery Ridge homes for sale

Browse the dedicated HomesForSaleNearMe community search, then bring a specific address back to Dusko and the team for status confirmation and a property-level review.

Monthly updates

Get the next Discovery Ridge report.

Receive the new market snapshot and ask Dusko how the latest supply and sales compare with a specific property.

How to use this report

Turn the Discovery Ridge numbers into a better property decision.

Compare the same kind of home

Detached, semi-detached, row and apartment markets can move differently. Start with the segment that matches the property. For Discovery Ridge, keep detached homes from varied build periods in the same decision as neighbourhood parks and local routes. Nearby alternatives in the same decision can include Springbank Hill and Signal Hill.

Look at supply and sales together

Active listings show the available competition; sales and absorption show how buyers are moving through it. A few transactions can move a percentage sharply. For Discovery Ridge, keep attached choices where available in the same decision as everyday services and city connections. Nearby alternatives in the same decision can include Signal Hill and Cougar Ridge.

Bring the numbers back to the address

The community trend is context, while lot position, effective age, renovations, condition, finish and current alternatives shape one home. For Discovery Ridge, keep renovated and original-condition properties in the same decision as a range of commuting directions. Nearby alternatives in the same decision can include Cougar Ridge and Valley Ridge.

What the numbers mean

A quick guide to the monthly measures.

01

Benchmark price

A modelled reference for a defined property type and geography—not the expected sale price of a specific home. For Discovery Ridge, keep detached homes from varied build periods in the same decision as neighbourhood parks and local routes. Nearby alternatives in the same decision can include Springbank Hill and Signal Hill.

02

Active listings

Properties reported active under the source rules at the period cut-off. Current status still requires the live listing source. For Discovery Ridge, keep attached choices where available in the same decision as everyday services and city connections. Nearby alternatives in the same decision can include Signal Hill and Cougar Ridge.

03

Sales

Transactions counted by the licensed report definition for the named period, geography and property form. For Discovery Ridge, keep renovated and original-condition properties in the same decision as a range of commuting directions. Nearby alternatives in the same decision can include Cougar Ridge and Valley Ridge.

04

Absorption rate

A supply-and-sales relationship whose calculation, period and denominator must be understood before assigning a market label. For Discovery Ridge, keep different lot, street and route contexts in the same decision as community amenities confirmed for the address. Nearby alternatives in the same decision can include Valley Ridge and Springbank Hill.

05

ADOM

Average days on market under the source methodology. It describes the reported set, not a guaranteed marketing time. For Discovery Ridge, keep detached homes from varied build periods in the same decision as neighbourhood parks and local routes. Nearby alternatives in the same decision can include Springbank Hill and Signal Hill.

Local market-reading record

Eight Discovery Ridge checks behind the monthly series.

Discovery Ridge is an established community where property age, renovation history, lot position and immediate surroundings can produce meaningful differences between nearby sales. This record turns the community file into route-specific work while keeping the subject property and current professional advice separate.

Open the monthly market reading8 local records +
01

Housing baseline

920 occupied private dwellings were reported as single-detached houses in the 2021 Census profile (56%); 535 apartments in buildings with more than five storeys represented another 33%. For this monthly market reading, use that evidence to define which property segment a monthly statistic could reasonably describe. Read it beside: Confirm the current municipal land-use designation, permit history, approved plans and any nearby application for the exact Discovery Ridge address. Comparison checkpoint: Signal Hill. Compare Signal Hill for a larger established west Calgary search with a broader housing mix and distinct grade or route considerations. Current listing status still belongs to the approved live record.

02

Seller positioning

Lead with the real differentiators of the Discovery Ridge property: site, effective age, documented improvements, layout, ownership structure and immediate setting. Applied to the monthly market reading, the evidence helps separate the fixed housing baseline from current listing and sales activity. Read it beside: Title, registered-interest and plan due diligence. Publisher record: Government of Alberta. Comparison checkpoint: Cougar Ridge. Compare Cougar Ridge when west-side elevation, lot position and recreation access belong in the same detached-home decision. Condition and legality still require the documents and review appropriate to the property.

03

Community identity

The profile counted 4,330 people in private households across 1,630 households, with an average household size of 2.7 people. Within the monthly market reading, its job is to identify which subject-property differences could make a community headline misleading. Read it beside: Compare Valley Ridge for another west-edge community where site, grade, route access and property form vary by address. Comparison checkpoint: Valley Ridge. Compare Valley Ridge for another west-edge community where site, grade, route access and property form vary by address. A lender or mortgage professional must decide how the actual property affects financing acceptance.

04

Property review

Identify address-specific water, drainage, slope, noise, traffic, construction, fire, environmental or insurance questions relevant to the Discovery Ridge property; do not generalize an exposure to every home. The monthly market reading should use this record to keep price positioning connected to the home's actual site, condition and alternatives. Read it beside: Use current business and operator sources before naming Discovery Ridge shops, health services or daily conveniences. Comparison checkpoint: Springbank Hill. Compare Springbank Hill when west-side slope, views, higher-specification housing and property-level documentation fit the same brief. Community context cannot establish value for the subject home.

05

2021 Census Community Profile: Discovery Ridge

Census population, household, tenure, dwelling-form and construction-period context. Publisher record: The City of Calgary. Here, the practical use is to record the required geography, period, definition and source before publishing a number. Read it beside: Record permits, material improvements, remaining systems life, visible deficiencies and follow-up documents during the tour. Comparison checkpoint: Signal Hill. Compare Signal Hill for a larger established west Calgary search with a broader housing mix and distinct grade or route considerations. A named source supports only the claim and geography recorded for it.

06

Compare Springbank Hill

Compare Springbank Hill when west-side slope, views, higher-specification housing and property-level documentation fit the same brief. Carry this into the monthly market reading to test whether a nearby comparison area belongs in the same buyer alternative set. Read it beside: Row house: 45 occupied private dwellings (3%) in the 2021 Census profile. Comparison checkpoint: Cougar Ridge. Compare Cougar Ridge when west-side elevation, lot position and recreation access belong in the same detached-home decision. A comparison relationship does not make two properties or communities equivalent.

07

Mobility and daily context

1,580 residents aged five and older had moved within the prior five years (38%); that is household-mobility context rather than a proxy for real estate turnover. For the monthly market reading workflow, use it to keep daily-life appeal outside the calculation unless current evidence supports the connection. Read it beside: Price against the alternatives the same buyer can purchase now, including relevant adjacent communities and property forms. Comparison checkpoint: Valley Ridge. Compare Valley Ridge for another west-edge community where site, grade, route access and property form vary by address. Historical evidence must not be presented as current inventory or operating status.

08

Buyer decision

Which Discovery Ridge property form, ownership structure and completion stage fit the intended use and budget? The next step in the monthly market reading is to turn the series into a property question rather than a prediction of value. Read it beside: 2% of occupied private dwellings were reported in the 1981 to 1990 construction cohort; the Census figure does not establish the age of a current listing. Comparison checkpoint: Springbank Hill. Compare Springbank Hill when west-side slope, views, higher-specification housing and property-level documentation fit the same brief. The paired records define the next question; they do not settle the property conclusion.

Explore the guides

Choose your next step in Discovery Ridge.

Compare the community, the type of home and the property-specific details in the order that makes sense for your move.

Quick answers

What buyers and sellers ask about Discovery Ridge.

Start with the practical questions, then open the detailed guide that matches the property or decision in front of you.

01

Are the Discovery Ridge market numbers on this page current?

separate monthly source, geography and resource verification required.

02

How should a Discovery Ridge market report be interpreted?

920 occupied private dwellings were reported as single-detached houses in the 2021 Census profile (56%); 535 apartments in buildings with more than five storeys represented another 33%. Keep property type, source geography, period and underlying counts visible before applying a rate or benchmark to one home.

03

Why are missing Discovery Ridge market values left blank?

A blank protects the geography and methodology. The site does not replace a missing community value with a Calgary-wide figure, estimate or inferred number.

04

Can a community benchmark price a specific Discovery Ridge home?

No. A community statistic supplies context; site, effective age, condition, finish, documents and current alternatives determine how a subject property relates to that context.

Official referencesGovernment and official records used for local context3 references +

Official records provide dated community context. Current listing status and conclusions about one property still require the applicable live record and property documents.

Talk with the Discovery Ridge team

Ready to search, sell or ask about a property?

Dusko Sremac is the primary contact, backed by Real Estate Partners by Real Broker.

587-355-1774Private consultation
Discovery Ridge marketView report