Sales & Listings:
Total Sales: 46 homes (unchanged YoY)
New Listings: 71 (⬆ 51% YoY)
Inventory: 101 active listings (⬆ 216% YoY)
Sales-to-New Listings Ratio: 0.65 — indicating a balanced to buyer’s market
Months of Supply: 2.20 — a slight increase, still below balanced market threshold
Benchmark Prices (YoY):
Total Residential: $623,300 (⬇ 4.2%)
Detached: $810,200 (⬇ 0.6%)
Semi-Detached: $526,800 (⬆ 1.7%)
Row House: $460,700 (⬆ 1.1%)
Apartment: $355,000 (⬇ 2.8%)
Average Days on Market: 35
Sale-to-List Price Ratio: 98.0%
đź’ˇ Market Insights
Inventory surge (+216%) is giving buyers more options and reducing upward price pressure.
Detached homes remain the dominant product, but higher interest rates and affordability challenges are fueling interest in row houses and apartments.
Apartments saw the steepest year-over-year price drop, possibly due to increased competition and a higher supply in this segment.
đź’Ľ Investment Outlook
With growing inventory and slight price softening, Auburn Bay offers strategic buying opportunities:
First-time buyers can enter via apartments or row homes
Investors may benefit from rental demand driven by lake access, amenities, and proximity to Seton Urban District and South Health Campus
Move-up buyers can find upgraded detached homes at relatively stable prices
🧠Looking Ahead
If current trends continue, we may see stable pricing but longer selling times as buyers gain more leverage. However, the enduring popularity of lake communities like Auburn Bay should support long-term value.
Contact us for a Free Home Evaluation.
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