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Auburn Bay Market Report 2012

By
Real Estate Agent with Re/Max First

Auburn Bay Market Report 2012January - June 2012

Auburn Bay Single Family Home sales continue to record strong activity in the first six months of 2012, with 90 sold units compared to 67 over the same period last year, and 43 in 2010.
Auburn Bay Single Family Home Sales activity was the highest in May with 21 sold units, a significant increase from the 7 units sold in May 2011.

Auburn Bay Average Single Family Home Price for the first half of 2012 reached $454,574 a 6.8% lower than the same period last year. This is mainly due to less high end units sold this year ( only one home sold for over $800,000, compared to three in 2011).
The Median Price for the Single Family Home in Auburn Bay for the first six months of 2012 recorded a 2% increase with $446,500 compared to $437,000 in 2011.

Auburn Bay Condo/Townhouse Sales totaled 9 units between January and June of 2012 compared to 5 over the same period last year with sale activity remains between 1 and 3 units sold each month.

Auburn Bay Condo/Townhouse Average Price reached $279,028 between January and June 2012, an 11% increase over the same period of 2011.
Auburn Bay Condo/Townhouse Median Price was $296,689 in the first half of 2012, an increase of 24.8% over the same period last year.

Click here to view Auburn Bay Market Report charts

 

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