Auburn Bay Real Estate Market Report
July 2022 proved to be a robust month for the Auburn Bay community in Calgary, characterized by steady buyer interest and a vibrant real estate market. Known for its picturesque lake, recreational amenities, and family-friendly environment, Auburn Bay remains a popular choice for homebuyers.
Market Overview: In July, Auburn Bay recorded 38 home sales.
18 SOLD Detached houses $470,000 - $799,900;
3 SOLD Duplex houses $400,000 - $550,000;
6 SOLD Townhouses $250,000 - $365,888;
11 SOLD Apartments $196,000 - $325,000.
Inventory and Trends: The current market features 50 active listings, showcasing a diverse range of homes, including single-family residences, townhouses, and condos. Homes are selling at an average of 18 days on market (DOM), indicating a competitive landscape. Well-presented properties that are priced strategically are attracting considerable attention and often receiving multiple offers.
Community Insights: Auburn Bay’s charm lies in its extensive amenities, including parks, walking paths, and the popular lake, which offers opportunities for swimming, kayaking, and community events. The neighborhood hosts various summer activities, enhancing community engagement and fostering a strong sense of belonging. Additionally, the availability of nearby schools, shopping, and dining options further contributes to the overall desirability of the area.
Looking Ahead: As we approach August, the Auburn Bay real estate market is expected to remain active, with continued buyer interest driven by the community’s amenities and lifestyle offerings. Sellers can capitalize on the current demand, while buyers should be prepared to act quickly in a competitive market. Overall, Auburn Bay continues to stand out as a thriving community within Calgary’s real estate landscape, offering both quality living and investment potential.
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