Auburn Bay Monthly Market Report

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Market Overview: In March 2005, the Auburn Bay real estate market continued its upward trajectory, driven by strong buyer demand and a growing sense of community. As one of Calgary's emerging neighborhoods, Auburn Bay's appeal remained robust, attracting families and professionals alike.

Sales Activity:

• Total Sales: A total of 30 homes were sold in Auburn Bay this month, demonstrating an increase compared to previous months.

• Average Days on Market: Homes averaged 28 days on the market, reflecting a competitive environment as buyers sought properties quickly.

• Average Sales Price: The average selling price reached approximately $370,000, indicating a steady appreciation in property values as the area developed.

Inventory Levels:

• Active Listings: There were 35 active listings, providing a balanced selection for buyers.

• Price Range: Listings varied from around $330,000 for starter homes to over $550,000 for larger, family-oriented properties, catering to diverse buyer needs.

Market Trends: Buyer preferences leaned toward modern amenities and energy-efficient features, with many seeking homes that offered lifestyle benefits such as proximity to parks and recreational areas. The ongoing development of community facilities and infrastructure has only enhanced the area's desirability.

Community Insights: Auburn Bay's unique lake community and family-friendly environment continued to draw interest. Access to quality schools and local amenities positioned it as a top choice for families.

Conclusion: March 2005 highlighted a thriving real estate market in Auburn Bay, marked by increased sales and rising prices. As interest in the community grows, stakeholders can anticipate continued activity in the months ahead.

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