In January 2024, Auburn Bay continues to be a vibrant community within Southeast Calgary, offering a mix of recreational amenities and a family-oriented environment. The real estate market shows promising activity as the new year begins.
Property Types
Auburn Bay features a range of property types, appealing to various demographics:
Single-Family Homes
Price: $688,500 - $ 1,110,000
Number of Listings: 40
Sales: 22 homes sold
Days on Market (DOM): 23 days
Townhouses
Price: $315,000 - $495,000
Number of Listings: 30
Sales: 8 townhouses sold
DOM: 21 days
Condos
Price: $238,900 - $415,000
Number of Listings: 18
Sales: 12 condos sold
DOM: 30 days
Market Trends
Steady Activity: The market has maintained steady activity, with a reasonable number of listings and sales, reflecting buyer interest despite the winter season.
Competitive Sales: Single-family homes, in particular, continue to attract competitive offers, resulting in quicker sales.
Pricing Trends: While prices for single-family homes have seen slight increases, townhouses and condos remain relatively stable, indicating balanced market conditions.
Conclusion
The Auburn Bay real estate market in January 2024 is active and demonstrates a healthy mix of listings and sales across different property types. With continued interest and competitive sales, both buyers and sellers can navigate the market effectively as the year progresses.