June 2023 marked a dynamic month for the Auburn Bay real estate market in Southeast Calgary, as the summer season brought increased buyer activity. The community's appealing amenities, including its lake and parks, continue to attract families and young professionals alike. Total 40 sales.
Property Types
The Auburn Bay market features a diverse range of property types:
Detached Homes
Price range: $691.000 - $1,129,000
Sales: 14 homes sold
Days on Market (DOM): 18 days
Duplex Homes
Price: $525,000
Sales: 1 homes sold
Days on Market (DOM): 8 days
Townhouses
Price range: $197,000 - $450,000
Sales: 9 townhouses sold
DOM: 12 days
Condos
Price range: $220,000 - $395,000
Number of Listings: 22
Sales: 16 condos sold
DOM: 30 days
Market Trends
Strong Sales: The market experienced robust sales, particularly in single-family homes and townhouses, indicating high demand.
Quick Turnaround: Homes, especially townhouses, sold quickly, often within two weeks, reflecting a competitive environment.
Price Stability: Prices for single-family homes have remained stable, while townhouses show slight upward trends, suggesting growing interest.
Conclusion
The Auburn Bay real estate market in June 2023 is characterized by strong buyer activity and quick sales across various property types. The community's attractive features continue to make it a desirable choice for homebuyers in Calgary. As summer progresses, this trend is likely to continue, making it an opportune time for both buyers and sellers in the market.