Auburn Bay Real Estate Market Report
November 2022 demonstrated a steady real estate market in the Auburn Bay community of Calgary, characterized by consistent activity and buyer interest. Renowned for its picturesque lake, extensive amenities, and vibrant community spirit, Auburn Bay continues to attract a diverse range of homebuyers.
Market Overview: In November, Auburn Bay recorded 24 home sales.
17 SOLD Detached houses $489,500 - $1,555,000;
1 SOLD Duplex house $515,000;
4 SOLD Townhouses $353,000 - $378,500;
2 SOLD Apartments $242,000 - $312,000.
Inventory and Trends: Currently, there are 45 active listings in Auburn Bay, providing a variety of options, including single-family homes, townhouses, and condos. Homes are selling at an average of 22 days on market (DOM), indicating a competitive environment where well-priced properties attract significant attention. Listings that are updated and well-presented are often receiving multiple offers, further demonstrating the community's appeal.
Community Insights: Auburn Bay's charm is enhanced by its comprehensive amenities, including parks, pathways, and the lake, which serves as a hub for outdoor activities and social events. The neighborhood fosters community engagement through seasonal events, strengthening connections among residents. The availability of local schools, shopping centers, and dining options adds to the quality of life for families.
Looking Ahead: As we enter December, the Auburn Bay real estate market is expected to remain steady. While the holiday season may introduce some seasonal fluctuations, the community's appealing features and strong sense of belonging are likely to sustain buyer interest. Sellers can take advantage of the current demand, while buyers should remain proactive to capture opportunities in this vibrant neighborhood. Overall, Auburn Bay continues to thrive as a prime community within Calgary’s real estate landscape.
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