Auburn Bay Community Real Estate Market Report – November 2023

Auburn Bay Real Estate Monthly Report

November 2023 marked a noteworthy month for the Auburn Bay community in Calgary, reflecting a stable yet dynamic real estate market. The community, known for its picturesque lake, family-friendly environment, and convenient amenities, continues to attract buyers looking for both primary residences and investment opportunities.

Market Overview: In November, Auburn Bay saw a total of 34 homes sold. The average sale price settled at $630,800, indicating a modest increase compared to the previous month. The market remains competitive, with homes typically receiving 5-10 offers within the first week of listing.

Inventory and Trends: Current listings show a healthy supply, with 27 active properties on the market. This includes a mix of single-family homes, townhouses, and condos, catering to diverse buyer needs. Days on market (DOM) for sold homes averaged 20 days, highlighting a brisk pace despite the seasonal slowdown typical in winter months.

Community Insights: Auburn Bay's appeal remains strong due to its well-planned infrastructure, access to recreational facilities, and proximity to schools. The lake offers year-round activities, enhancing the lifestyle experience. Community events, such as the upcoming holiday markets, further foster a sense of belonging among residents.

Looking Ahead: As we approach the end of the year, the Auburn Bay market is expected to remain steady. Seasonal fluctuations may impact buyer activity, but the overall demand for homes in this desirable community continues to be robust. Buyers and sellers alike should remain vigilant, as favorable conditions could emerge, especially in the new year.

For prospective buyers and sellers, Auburn Bay represents a unique opportunity in Calgary's real estate landscape. 

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