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Discovery Ridge
Calgary

Nature at Your Doorstep — SW Family Living

Backing directly onto Griffith Woods — a protected natural area teeming with wildlife — Discovery Ridge offers a unique blend of modern family homes with true wilderness at your doorstep. The Elbow River is walkable from most homes, and the community offers an exceptional quality of life for outdoor-oriented families.

1998
Year Established
6,500
Residents
25 min to downtown
To Downtown
Griffith Woods BackingElbow RiverWildlifeFamily Community
Market Statistics

Discovery Ridge Market Statistics — November 4, 2026

Over the last 90 days in Discovery Ridge, detached homes sold for a median of $1,242,500 in 48 days, with 1.1 months of supply. Homes here sold at 98.3% of list price. Calgary as a whole: 97.3% (CREB®, October 2026).

Home typeMedian sold priceMedian days on marketMonths of supplyActive nowSold (90 days)Price vs last yearCREB®
Detached$1,242,50048 days1.1 mo38+3.0%

Price vs last year is CREB®'s own figure for this community: the change in their benchmark price year to date against the same period last year, as at November 2, 2026. It is not a single-month comparison, and it is measured differently from the median beside it — CREB® uses a benchmark index, we use the median of actual closed sales. Published with CREB®'s permission. Segments with fewer than 20 sales year to date are left blank, because a percentage on a smaller base than that is noise rather than a trend.

Where a home type had fewer than 5 sales in the last 90 days we leave it out, rather than publish a median that is not reliable. Calculated from Pillar 9 MLS® sold data for the 90 days ending November 4, 2026. Updated daily. General market information on this website was last updated on November 4, 2026.

Common questions about the Discovery Ridge market

How much does a home cost in Discovery Ridge?

Detached homes in Discovery Ridge sold for a median of $1,242,500 across 8 sales in the 90 days ending November 4, 2026. Figures are medians of closed sales from Pillar 9 MLS® data.

How long do homes take to sell in Discovery Ridge?

Homes in Discovery Ridge took a median of 41 days to sell over the 90 days ending November 4, 2026, measured across 17 sales.

Do homes in Discovery Ridge sell for asking price?

Homes in Discovery Ridge sold at a median of 98.3% of list price over the 90 days ending November 4, 2026, so a typical home sold about 1.7% below asking.

Are prices in Discovery Ridge going up or down?

Benchmark prices for detached homes in Discovery Ridge are up by 3.0% year to date compared with the same period last year, as at November 2, 2026. That figure is CREB®'s, published with their permission, and is a year-to-date comparison rather than a single-month one.

Is Discovery Ridge a buyer's or a seller's market?

Discovery Ridge had 1.9 months of supply as at November 4, 2026 — that is how long the homes currently for sale would last at the pace of the last 90 days. In Calgary, under 2 months is generally described as a seller's market, 2 to 4 months as balanced, and over 4 months as a buyer's market.

What your Discovery Ridge home would sell for

The medians above are the whole community. Your street is not the whole community. Send me your address and I will send back the homes most like yours that actually sold — what they went for, price per square foot, how long they sat, and what that means for yours.

Emailed within 24 hours. Jad Itani, REALTOR®, Century 21 Bravo Realty. Not intended to solicit properties already listed for sale.

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Calgary communities priced like Discovery Ridge

Medians are for the same 90-day window as the table above. Detached where available, otherwise all home types.

Active MLS Listings

Homes for Sale in Discovery Ridge

Currently active listings in Discovery Ridge, Calgary — updated daily from Pillar 9 MLS®. All price points shown.

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Community Overview

Life in Discovery Ridge

Backing directly onto Griffith Woods — a protected natural area teeming with wildlife — Discovery Ridge offers a unique blend of modern family homes with true wilderness at your doorstep. The Elbow River is walkable from most homes, and the community offers an exceptional quality of life for outdoor-oriented families.

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Schools
Discovery Ridge School, Griffith Woods School
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Parks & Recreation
Griffith Woods Park, Elbow River, Natural Reserve
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Housing
Detached Family Homes

Typical price range: $700K–$1.5M
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Getting Around
About 15–20 min drive via Highway 8/Glenmore Trail Discovery Ridge plaza (local services); Aspen Landing and Westhills nearby
Where It Is

Discovery Ridge on the Map

Real community boundary and school locations, verified against City of Calgary and Calgary Board of Education records.

Did You Know

What Makes Discovery Ridge Special

A few things that set Discovery Ridge apart from every other community in Calgary.

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Originally Planned as Gated
When first developed in the late 1990s as "New Discovery," it was planned as Calgary's first gated community. The gates were ultimately dropped — but the exclusive, private character has endured.
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Griffith Woods Wildlife
Griffith Woods Environmental Reserve — backing the entire southern edge of Discovery Ridge — supports white-tailed deer, coyotes, great horned owls, and 200+ bird species. Backyard wildlife sightings are routine.
🌊
Elbow River Access
The Elbow River runs along the community's southern boundary with multiple access points for swimming, fishing, cycling, and dog walking — directly from the neighbourhood.
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Broad Architectural Range
Discovery Ridge features one of SW Calgary's widest ranges of home styles — from townhomes and starter detached homes to large executive estates backing the natural reserve.
Work With Jad

Interested in Discovery Ridge?

Jad Itani specializes in SW Calgary real estate and knows Discovery Ridge inside and out.
Whether buying or selling — let's talk.