Auburn Bay, Calgary - September 2026 Real Estate Report

Auburn Bay Real Talk: The Market Is Taking a Breather - Here Is What That Means for Your Home

If you have been watching the "For Sale" signs around the lake and wondering what is actually going on, here is the straight answer. Auburn Bay is not crashing. It is not on fire either. It is a market that is recalibrating, and depending on whether you own a house or a condo, the story is a little different for each of us.

The Vibe: Houses vs. Condos

Houses - Still Solid, But Buyers Are Gaining Ground

We had 54 house sales this month, which is real volume. Auburn Bay ranks 3rd in Calgary for total transactions - that is not a typo. This neighbourhood moves properties. But the numbers also show the market cooling off a bit. The average sale price came in at $734,223, and homes are sitting on the market for about 41 days before selling. That is longer than Seton at 35 days, though faster than Mahogany at 59 days - so we are somewhere in the middle of the pack.

Buyers are paying about 98.64% of list price right now. That means if a house is listed at $700,000, the buyer is typically paying around $690,000. Sellers are still getting close to what they are asking, but the days of bidding wars pushing prices over list are not the story here right now.

• Average sale price: $734,223
• Average list price this month: $667,818
• Price per square foot: $396
• Days on market: 41
• Sale-to-list ratio: 98.64%
• Properties sold this month: 54
• Predicted market value: $735,324
• Rental yield: 5.20%
• Estimated monthly rent: $3,354
• Growth rank: 72 out of 238 Calgary neighbourhoods - above average

That growth rank is worth noting. Sitting at 72 out of 238 puts Auburn Bay houses in the top third of Calgary neighbourhoods for value growth. On the neighbourhood leaderboard, we are holding our own.

Condos - Taking a Bigger Breather

The condo side of Auburn Bay is where we need to be more honest. Only 2 condos sold this month, and the average sale price of $270,950 is actually below the average listing price of $277,400. Buyers are paying 98.03% of list, and units are sitting for 38 days on average. The HonestDoor Price for condos has dipped 0.71% recently, and the growth rank sits at 118 out of 216 - that puts us below average in Calgary right now.

Compared to nearby Seton, Auburn Bay condos are selling for less ($270,950 vs. $293,333 in Seton) and taking slightly longer to move. Mahogany condos are priced much higher at $512,252, but they are also losing value faster. Cranston is a similar story. So while our condo market is softer, we are not the worst off in the area.

• Average sale price: $270,950
• Average list price this month: $277,400
• Price per square foot: $379
• Days on market: 38
• Sale-to-list ratio: 98.03%
• Properties sold this month: 2
• Predicted market value: $322,400
• Rental yield: 4.16%
• Estimated monthly rent: $1,715
• Growth rank: 118 out of 216 Calgary neighbourhoods - below average

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is something most Auburn Bay homeowners do not realize. The city assessed the average house here at $777,390. But the average HonestDoor Price is $743,633. That is a $33,757 gap - and it matters.

Your city assessment is a snapshot from months ago, built on historical sales data that does not account for what the market is doing right now. The HonestDoor Price is updated in real time using current sales, current listings, and current market signals. It is the real-world check on what your home would actually fetch today - not what a government formula says it was worth last year.

For condos, the gap is even bigger. The city assessed the average Auburn Bay condo at $358,759. The HonestDoor Price is $320,121 - a difference of over $38,000. If you are making any financial decision based on your assessed value alone, you are working with outdated information.

Think of it this way: your tax assessment is like checking last year's weather forecast to decide what to wear today. The HonestDoor Price is the actual weather app.

The "So What?": Thinking About Selling This Summer?

If you own a house in Auburn Bay and are thinking about listing this summer, the window is still open - but you need to price it right. With homes selling at 98.64% of list and sitting for 41 days, buyers are doing their homework. An overpriced listing will sit. A well-priced one will move. The predicted market value for houses is $735,324, and with a rental yield of 5.20%, investors are still paying attention to this neighbourhood.

The neighbourhood leaderboard stat to keep in your back pocket: Auburn Bay houses rank 72 out of 238 Calgary neighbourhoods for growth. That is a real selling point. You are not in a declining area - you are in a market that is taking a breath after a strong run.

If you own a condo, be realistic. The market is softer, the HonestDoor Price has dipped, and with only 2 sales this month, there is not a lot of buyer urgency right now. That does not mean you cannot sell - it means pricing strategy matters even more. Check your HonestDoor Price before you set a number with your agent, because the gap between assessed value and real-world value is significant for condos right now.

Bottom line: Auburn Bay is still one of the most active neighbourhoods in Calgary by transaction volume. The lake, the amenities, and the community draw buyers. But this summer, the buyers have options - and they know it. Price smart, know your real number, and you will be fine.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.