Auburn Bay Real Estate Market Report
Contact us for a Free Home Evaluation.
September 2015 marked a period of stabilization in the Auburn Bay community of Calgary, as the real estate market continued to attract interest from buyers. Renowned for its scenic lake, family-oriented amenities, and vibrant community life, Auburn Bay remains a desirable neighborhood for various demographics.
Market Overview: In September, Auburn Bay recorded 18 home sales, a slight increase from 16 sales in August. The average sale price for homes was approximately $485,000, reflecting a steady market amidst broader economic challenges. This sustained activity indicates that the appeal of Auburn Bay remains strong, particularly for families and first-time buyers.
Inventory and Trends: Currently, there are 35 active listings in Auburn Bay, offering a mix of housing options, including single-family homes, townhouses, and condos. Homes are selling at an average of 32 days on market (DOM), demonstrating a balanced market where well-priced properties generate significant buyer interest. Listings that are updated and in good condition tend to sell more quickly, often receiving competitive offers.
Community Insights: The charm of Auburn Bay lies in its extensive recreational facilities, including the community lake, parks, and walking trails, which provide ample opportunities for outdoor activities. The neighborhood fosters a sense of community through various events and gatherings, enhancing the living experience. Proximity to schools, shopping centers, and dining options further contributes to the overall appeal of the area.
Looking Ahead: As we move into October, the Auburn Bay real estate market is expected to maintain its activity. The fall season often brings a steady flow of buyers, creating opportunities for sellers. Buyers should be prepared for potential competition, particularly for desirable listings. Overall, Auburn Bay continues to thrive as a vibrant community within Calgary’s real estate landscape, offering a high quality of life and solid investment potential.
Comments:
Post Your Comment: