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Auburn Bay Calgary Real Estate Market Report – February 2023

Auburn Bay Calgary Real Estate Market Report – February 2023

 In February 2023, Auburn Bay in SE Calgary demonstrated a vibrant real estate market, characterized by steady activity across various property types. The community's appeal, with its lake and recreational facilities, continues to attract a diverse range of buyers. Total 34 sales.

Property Types:

  1. Detached Homes

    • Price range: $449,000 - $865,000

    • Sales: 11 homes sold

    • Days on Market (DOM): 18 days

  2. Duplex Homes

    • Price range: $435,000 - $533,000

    • Sales: 7 homes sold

    • Days on Market (DOM): 8 days

  3. Townhouses

    • Price range: $192,000 - $406,500

    • Sales: 5 townhouses sold

    • DOM: 12 days

  4. Condos

    • Price range: $229,000 - $394,900

    • Number of Listings: 22

    • Sales: 11 condos sold

    • DOM: 30 days

Market Trends:

  • Demand: The market exhibited strong demand, particularly for single-family homes, which are in high demand among families seeking community-oriented living.

  • Inventory Levels: The inventory of homes for sale was relatively stable, though the demand outpaced new listings, leading to quicker sales.

  • Buyer Profiles: The primary buyers included first-time homebuyers and young families attracted by the community's amenities and lifestyle offerings.

Conclusion: February 2023 revealed a healthy real estate market in Auburn Bay SE Calgary, with competitive sales and a variety of property options. The community's desirability continues to drive interest, making it a favorable time for sellers. For potential buyers, quick action is recommended due to the active market conditions.

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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.