In October 2023, Auburn Bay continues to be a thriving community in Southeast Calgary, characterized by its lake, parks, and family-oriented amenities. The fall season typically brings a robust real estate market as buyers look to settle before winter. Total 19 sale.
Property Types
The Auburn Bay market features a variety of property types, appealing to different segments of buyers:
Detached Homes
Price Range: $580,000 - $992,000
Sales: 7 homes sold
Days on Market (DOM): 22 days
Duplex Homes
Price Range: $495,000 - $531,000
Sales: 3 homes sold
Days on Market (DOM): 22 days
Townhouses
Price Range: $299,000-$445,500
Sales: 5 townhouses sold
DOM: 19 days
Condos
Price Range: $335,000-$355,000
Number of Listings: 18
Sales: 4 condos sold
DOM: 28 days
Market Trends
Strong Demand: The demand for single-family homes remains robust, evidenced by a higher number of sales and relatively quick turnover.
Competitive Environment: Townhouses are also seeing strong interest, with many selling within three weeks, indicating a competitive market for buyers.
Price Stability: Overall, property prices have shown stability with slight upward trends in single-family homes, suggesting sustained buyer confidence.
Conclusion
The Auburn Bay real estate market in October 2023 is active and healthy, with strong sales across various property types. The community’s attractive features and ongoing demand continue to drive interest, making it an appealing option for prospective buyers as the year approaches its end.
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