Auburn Bay Calgary Real Estate Market Report - January 2024

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:

1. Single-Family Homes

   • Price: $688,500 - $ 1,110,000

   • Number of Listings: 40

   • Sales: 22 homes sold

   • Days on Market (DOM): 23 days

2. Townhouses

   • Price: $315,000 - $495,000

   • Number of Listings: 30

   • Sales: 8 townhouses sold

   • DOM: 21 days

3. 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.