Auburn Bay Real Estate Market Report
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November 2014 showcased a stable real estate market in the Auburn Bay community of Calgary, reflecting consistent buyer interest and solid property values. Known for its beautiful lake, family-friendly atmosphere, and engaging community spirit, Auburn Bay continues to be a highly sought-after neighborhood.
Market Overview: In November, Auburn Bay recorded 18 home sales, maintaining similar activity levels compared to 17 sales in October. The average sale price for homes was approximately $490,000, indicating a slight appreciation in property values. This stability suggests that buyers are recognizing the long-term value of living in this vibrant community, particularly families and professionals looking for a well-rounded living environment.
Inventory and Trends: Currently, there are 35 active listings in Auburn Bay, offering a diverse range of options, including single-family homes, townhouses, and condos. Homes are selling at an average of 35 days on market (DOM), reflecting a balanced market. Properties that are well-maintained and competitively priced tend to attract significant interest, often resulting in quicker sales.
Community Insights: Auburn Bay's charm is further enhanced by its extensive recreational facilities, including parks, pathways, and the community lake, which provides opportunities for swimming, boating, and social events. The neighborhood fosters a strong sense of community through various seasonal activities and gatherings. Additionally, the availability of local schools, shopping centers, and dining options adds to the overall quality of life for residents.
Looking Ahead: As we approach December, the Auburn Bay real estate market is expected to remain steady. While the winter months may bring seasonal fluctuations, the community's desirable features and strong sense of belonging are likely to sustain buyer interest. Sellers can benefit from the current demand, while buyers should be prepared to act swiftly in this vibrant market. Overall, Auburn Bay continues to be a thriving community within Calgary’s real estate landscape.
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