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The Latest Auburn Bay Real Estate Market Report – February 2018

The Latest Auburn Bay Real Estate Market Report – February 2018

Auburn Bay Real Estate Market Report

February 2018 presented a dynamic landscape for the Auburn Bay community in Calgary, as the real estate market demonstrated resilience amid seasonal fluctuations. Known for its picturesque lake, family-oriented amenities, and active community spirit, Auburn Bay continues to attract a diverse array of homebuyers.

Market Overview: In February, Auburn Bay recorded 20 home sales, a slight increase from 18 sales in January. The average sale price for homes reached approximately $520,000, reflecting a steady demand and gradual appreciation in property values. This trend indicates that buyers are increasingly recognizing the community’s value, particularly as spring approaches.

Inventory and Trends: The market currently features 38 active listings, offering a variety of options, including single-family homes, townhouses, and condos. Homes are selling at an average of 30 days on market (DOM), which suggests a balanced market. Properties that are well-maintained and priced competitively are attracting significant interest and often resulting in quick sales.

Community Insights: Auburn Bay’s appeal lies in its extensive recreational opportunities, including the popular lake for swimming and boating, as well as numerous parks and pathways that encourage outdoor activities. The community fosters a strong sense of belonging, hosting events and gatherings that enhance resident engagement. Additionally, proximity to schools, shopping centers, and dining options contributes to the overall desirability of the area.

Looking Ahead: As we move into March, the Auburn Bay real estate market is expected to gain momentum. The arrival of spring typically brings increased buyer activity, creating opportunities for sellers. Buyers should be prepared for competition, especially for well-priced homes. Overall, Auburn Bay continues to stand out as a vibrant community within Calgary’s real estate landscape, offering an appealing lifestyle and solid investment potential.

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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.