Just Sold: Penbrooke Meadows Home Prices
Browse newly sold homes in Penbrooke Meadows. View today's MLS® sold listings and homes sold in the last 30 days.
Homes sold (last 30 days)
8
Median sold price
$329,000
Average time to sell
77 days
Searching for recently sold homes in Penbrooke Meadows? See exactly what buyers paid for properties in this Calgary neighbourhood. Our MLS® sold listings show final sale prices, not just asking prices.
Browse houses sold in Penbrooke Meadows, track condos sold, and discover how your home compares. Use real comparable sales from your own neighbourhood to understand your home's true market value.
Penbrooke Meadows Sold Data Overview
Over the past 2 years, 262 homes have sold in Penbrooke Meadows, Calgary, with a median sold price of $451K. Sale prices have ranged from $160K to $690K. The typical home sells in 21 days, showing a balanced market. Homes are selling at 99.0% of their list price — very close to asking price. Median property taxes in the area run approximately $2,418 annually. The most common property types sold include Detached (138), Row/Townhouse (79), Semi Detached (Half Duplex) (28).
8 Recently Sold Homes in Penbrooke Meadows (Last 30 days • Updated February 24, 2026 at 6:24 PM)
Showing 8 of 8. Sold details require a verified account.
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$270,000
Feb 24, 2026Address hidden
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$542,500
Feb 21, 2026Address hidden
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$388,000
Feb 17, 2026Address hidden
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$235,000
Feb 11, 2026Address hidden
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$559,000
Feb 6, 2026Address hidden
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$252,000
Feb 5, 2026Address hidden
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$200,000
Feb 2, 2026Address hidden
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$599,000
Feb 2, 2026Address hidden
Sold Data & Market Statistics for Penbrooke Meadows
Understand pricing, negotiation leverage, and market velocity based on recent sales.
$450,550
Avg: $431,987
Range: $160,100 – $690,000
99.0%
Homes selling near asking
68 days
$436
262 homes sold
Click a property type to view its trends in the chart below:
All Property Types
(click to filter chart)2-Year Market Trends: All Property Types
(25 months)Negotiation & Cost Insights
Sold Above Asking
27%
66% sold below
Median Property Tax
$2,418/yr
Avg: $4,494
Home Size Range
259 – 1,707
sq ft
Price Spread
±$131,906
standard deviation
262
Homes sold (last 2 years)
37
Currently for sale
4.6
Months of Inventory (MOI)
21.6%
Absorption Rate (30d)
17
New in February 2026
8 vs 5
Sold count (last 30 vs prior 30): +60.0%
Median price: $329,000 vs $495,000 (-33.5%)
Penbrooke Meadows vs Calgary
Penbrooke Meadows median sold price
$329,000
8 sold in last 30 days
Calgary median sold price
$565,000
1,613 sold in last 30 days
Neighbourhood Guide: Penbrooke Meadows, Calgary
Neighbourhood Overview
Penbrooke Meadows is a well-established, family-oriented neighbourhood located in the southeast quadrant of Calgary. Annexed in 1961 and developed primarily throughout the 1970s, the community is known for its quiet, tree-lined streets and affordable housing. With a strong sense of community spirit and excellent access to major roadways, Penbrooke Meadows attracts first-time buyers, young families, and long-term residents. Currently, the neighbourhood sees an average days on market of 68 days with a healthy 99.0% sale-to-list ratio, reflecting its steady popularity.
Location
Situated in East Calgary, Penbrooke Meadows is bounded by Memorial Drive to the north, 17th Avenue SE to the south, 68th Street SE to the east, and 52nd Street SE to the west. This strategic location offers residents straightforward commutes to downtown Calgary and other areas of the city via major routes like Deerfoot Trail. It is also part of the Greater Forest Lawn area, bordering communities such as Marlborough Park and Forest Heights.
Housing Character
The neighbourhood features a diverse mix of housing options, though it is predominantly characterized by single-family detached homes built between 1960 and 1980. These properties often feature spacious layouts, mature trees, and generous yards with laneway access. In addition to detached houses, buyers can find affordable row houses in the north and low-rise apartments or smaller condos in the south. The area presents an accessible entry point into the market, highlighted by an average sold price of $431,987 and a median sold price of $450,550.
Schools & Education
Families in Penbrooke Meadows have access to several reputable local schools embedded directly within the community. Public school options include Penbrooke Meadows School (which also hosts the Literacy Education Academic Development program), G.W. Skene Elementary, and James Short Memorial Elementary. For those seeking Catholic education, St. Peter Elementary School serves the neighbourhood, ensuring a range of accessible choices for young students.
Transit & Access
Transportation in Penbrooke Meadows is highly convenient, supported by approximately 10 nearby bus routes that connect residents to Calgary's wider public transit system and nearby LRT stations. For drivers, Memorial Drive and 17th Avenue SE provide direct and efficient travel across the city. The community is also reasonably walkable and bike-friendly, with flat terrain and ongoing city projects aimed at improving local pathway and bikeway networks.
Shopping & Dining
Residents enjoy close proximity to a variety of shopping and dining destinations. The nearby Marlborough Mall offers major big-box stores, services, and retail chains. Just south of the neighbourhood lies International Avenue (17th Avenue SE), a vibrant commercial corridor famous for its diverse array of international cuisine, local eateries, grocery stores, and daily conveniences, ensuring all essentials are a short trip away.
Parks & Recreation
Outdoor enthusiasts and active families are well-served by local green spaces such as Penbrooke Park and Mountview Park. The highly active Penbrooke Meadows Community Association provides a hub for local events, maintaining a large hall, outdoor skating rink, and sports fields. Additionally, residents have easy access to the nearby Bob Bahan Aquatic & Fitness Centre, which features a swimming pool and fitness classes for all ages.
Lifestyle & Community
Life in Penbrooke Meadows balances suburban calmness with the convenience of urban amenities. The neighbourhood is characterized by a diverse, welcoming atmosphere where community programs and local events bring neighbours together. It provides a practical and active lifestyle, making it an ideal setting for those seeking community involvement and outdoor recreation without sacrificing city accessibility. The local market remains active with 262 homes sold over the past year and 37 active listings available.
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Frequently Asked Questions
Website provided by Kelly Grant
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Listing information last updated on February 25, 2026 at 6:00 pm (America/Edmonton)
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