Auburn Bay Community Market Report

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July 2010 brought a vibrant pulse to the Auburn Bay community in Calgary, showcasing a robust real estate market during the summer months. Known for its picturesque lake, family-friendly amenities, and active lifestyle, Auburn Bay continues to attract a diverse range of buyers.

Market Overview: In July, Auburn Bay recorded 30 home sales, a notable increase from 25 sales in June. The average sale price climbed to approximately $435,000, reflecting ongoing demand and a positive market trend. This upward movement in sales and pricing indicates strong buyer interest, particularly among families seeking a well-rounded community.

Inventory and Trends: The current market features 28 active listings, providing a range of options from single-family homes to townhouses and condos. Homes are moving quickly, with an average Days on Market (DOM) of 20 days. Properties that are well-maintained and competitively priced are receiving significant attention, often resulting in multiple offers.

Community Insights: Auburn Bay’s appeal is bolstered by its extensive recreational facilities, including the popular lake for swimming, boating, and picnicking, as well as numerous parks and pathways. The community hosts various summer events that foster a sense of connection among residents. Additionally, local amenities, such as schools and shopping centers, contribute to the neighborhood’s desirability.

Looking Ahead: As we transition into August, the Auburn Bay real estate market is expected to maintain its momentum. The warm summer months typically attract more buyers, presenting opportunities for sellers. While competition may increase for desirable listings, buyers are encouraged to act swiftly. Overall, Auburn Bay continues to shine as a thriving community within Calgary's real estate landscape, offering an attractive lifestyle and solid investment potential.