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Auburn Bay Calgary Real Estate Market Report - June 2023

Auburn Bay Calgary Real Estate Market Report - June 2023

June 2023 marked a dynamic month for the Auburn Bay real estate market in Southeast Calgary, as the summer season brought increased buyer activity. The community's appealing amenities, including its lake and parks, continue to attract families and young professionals alike. Total 40 sales.

Property Types

The Auburn Bay market features a diverse range of property types:

  1. Detached Homes

    • Price range: $691.000 - $1,129,000

    • Sales: 14 homes sold

    • Days on Market (DOM): 18 days

  2. Duplex Homes

    • Price: $525,000

    • Sales: 1 homes sold

    • Days on Market (DOM): 8 days

  3. Townhouses

    • Price range: $197,000 - $450,000

    • Sales: 9 townhouses sold

    • DOM: 12 days

  4. Condos

    • Price range: $220,000 - $395,000

    • Number of Listings: 22

    • Sales: 16 condos sold

    • DOM: 30 days

Market Trends

  • Strong Sales: The market experienced robust sales, particularly in single-family homes and townhouses, indicating high demand.

  • Quick Turnaround: Homes, especially townhouses, sold quickly, often within two weeks, reflecting a competitive environment.

  • Price Stability: Prices for single-family homes have remained stable, while townhouses show slight upward trends, suggesting growing interest.

Conclusion

The Auburn Bay real estate market in June 2023 is characterized by strong buyer activity and quick sales across various property types. The community's attractive features continue to make it a desirable choice for homebuyers in Calgary. As summer progresses, this trend is likely to continue, making it an opportune time for both buyers and sellers in the market.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.