Question 1

What is the median sold price in Edmonton South East?

Accepted Answer

The median sold price in Edmonton South East is $915,000 based on 7 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Edmonton South East?

Accepted Answer

The average sold price in Edmonton South East is $1,979,315. Note that the average ($1,979,315) is higher than the median ($915,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Edmonton South East?

Accepted Answer

Home prices in Edmonton South East range from $390,000 to $8,990,208 based on recent sales data. This $8,600,208 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Edmonton South East selling above or below asking price?

Accepted Answer

On average, homes in Edmonton South East are selling at 91.5% of their asking price. This means buyers have significant negotiating power, with homes selling well below asking price. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Edmonton South East?

Accepted Answer

Homes in Edmonton South East are selling in an average of 269 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Edmonton South East?

Accepted Answer

The average price per square foot in Edmonton South East is $608. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $1,216,000.

Question 7

How active is the real estate market in Edmonton South East?

Accepted Answer

The Edmonton South East market has seen 7 home sales over the past 2 years, with 2 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How much do detached homes cost in Edmonton South East?

Accepted Answer

Detached homes in Edmonton South East are selling for an average of $1,979,315, with 7 sales over the past 2 years.

Question 9

Are home prices rising or falling in Edmonton South East?

Accepted Answer

Home prices in Edmonton South East have decreased by 64.2% over the past 2 years. The average sold price moved from $1,300,000 to $465,000. This downward trend may present buying opportunities for purchasers.

Question 10

Is Edmonton South East a buyer's or seller's market?

Accepted Answer

Based on current data, Edmonton South East is a buyer's market. Homes are selling in 269 days on average and at 91.5% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Edmonton South East?

Accepted Answer

In Edmonton South East, 0% of homes sold above asking price, while 86% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Edmonton South East?

Accepted Answer

Homes selling in Edmonton South East range from 1,622 to 3,364 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Edmonton South East?

Accepted Answer

Edmonton South East shows high price diversity with a standard deviation of $2,886,325 around the average price of $1,979,315. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Edmonton South East?

Accepted Answer

Simply search our Edmonton South East sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Edmonton South East will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Edmonton South East?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Edmonton South East. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Just Sold: Edmonton South East Home Prices

Edmonton South East Sold Data Overview

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