As December 2023 comes to a close, Auburn Bay remains a popular community in Southeast Calgary, known for its picturesque lake and family-friendly atmosphere. The holiday season typically brings a slight slowdown in real estate activity, but the market has shown resilience. Total 17 sales.
Property Types
The Auburn Bay real estate market consists of various property types, catering to diverse buyer preferences:
Detached Homes
Price Range: $549,150 - $2,125,000.00
Number of Listings: 38
Sales: 5 homes sold
Days on Market (DOM): 25 days
Duplex Homes
Price Range: $495,000 - $545,000.00
Sales: 2 homes sold
Days on Market (DOM): 25 days
Townhouses
Price Range: $338,000-$410,000
Sales: 4 townhouses sold
DOM: 27 days
Condos
Price Range: $264,000-$355,000
Number of Listings: 15
Sales: 5 condos sold
DOM: 35 days
Market Trends
Moderate Activity: The December market reflects moderate activity, consistent with seasonal trends. While sales slowed compared to the fall months, buyer interest remained steady.
Days on Market: The average DOM for all property types shows that homes are selling within a reasonable timeframe, particularly single-family homes which are in higher demand.
Price Stability: Prices have remained stable across the board, with slight increases noted in single-family home values, suggesting a healthy demand for this property type.
Conclusion
In December 2023, the Auburn Bay real estate market showcases a balance of listings and sales, maintaining stability during the holiday season. While activity may dip slightly, the community's appeal continues to attract buyers, making it a promising market as we head into the new year.
Comments:
Post Your Comment: