Auburn Bay Community Market Report
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July 2011 showcased a steady and vibrant real estate market in the Auburn Bay community of Calgary. This popular neighborhood, celebrated for its beautiful lake, recreational amenities, and strong sense of community, continues to attract a diverse range of buyers.
Market Overview: In July, Auburn Bay recorded 32 home sales, maintaining a consistent level of activity compared to 30 sales in June. The average sale price rose to approximately $455,000, indicating healthy demand and a positive trend in property values. This increase in sales reflects ongoing buyer interest, particularly from families seeking a welcoming environment.
Inventory and Trends: The current market features 35 active listings, showcasing a variety of housing options, including single-family homes, townhouses, and condos. Homes are selling at an average of 22 days on market (DOM), demonstrating a competitive landscape. Properties that are well-maintained and attractively priced are often receiving multiple offers, underscoring the community’s desirability.
Community Insights: Auburn Bay remains appealing due to its extensive amenities, including parks, pathways, and the picturesque lake, which offers opportunities for swimming, boating, and outdoor gatherings. The neighborhood fosters a strong community spirit through various summer events and activities. Additionally, the presence of schools, shopping, and dining options enhances the overall living experience for residents.
Looking Ahead: As we move into August, the Auburn Bay real estate market is expected to remain active. Summer typically brings increased buyer interest, making it a favorable time for sellers. Buyers should be prepared for competition, especially for well-priced homes. Overall, Auburn Bay continues to be a vibrant and attractive community within Calgary’s real estate landscape, offering a desirable lifestyle and solid investment opportunities.