Auburn Bay Real Estate Market Report
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April 2014 was a noteworthy month for the Auburn Bay community in Calgary, as the real estate market exhibited signs of growth and increasing buyer interest. Renowned for its picturesque lake, family-friendly amenities, and vibrant community, Auburn Bay continues to attract a diverse array of homebuyers.
Market Overview: In April, Auburn Bay recorded 22 home sales, a slight increase from 20 sales in March. The average sale price for homes reached approximately $470,000, indicating a healthy demand within the neighborhood. This upward trend in sales reflects a positive sentiment among buyers, particularly families looking for a welcoming environment.
Inventory and Trends: Currently, there are 30 active listings in Auburn Bay, offering a variety of housing options, including single-family homes, townhouses, and condos. Homes are selling at an average of 26 days on market (DOM), suggesting a competitive market where well-priced properties attract significant interest. Listings that are updated and well-presented tend to sell quickly, often receiving multiple offers.
Community Insights: Auburn Bay’s charm lies in its extensive recreational opportunities, including the community lake, which offers swimming and boating, as well as numerous parks and pathways that encourage outdoor activities. The neighborhood hosts various community events that foster engagement and connectivity among residents. Additionally, the proximity to schools, shopping centers, and dining options enhances the overall living experience.
Looking Ahead: As we transition into May, the Auburn Bay real estate market is expected to maintain its momentum. The spring season typically brings increased buyer activity, presenting opportunities for sellers. Buyers should be prepared for competition, especially for desirable properties. Overall, Auburn Bay continues to thrive as a vibrant community within Calgary’s real estate landscape, offering both an appealing lifestyle and solid investment potential.