Question 1

What is the median sold price in Pelican Point_CAMR?

Accepted Answer

The median sold price in Pelican Point_CAMR is $215,000 based on 10 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 Pelican Point_CAMR?

Accepted Answer

The average sold price in Pelican Point_CAMR is $273,500. Note that the average ($273,500) is higher than the median ($215,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Pelican Point_CAMR?

Accepted Answer

Home prices in Pelican Point_CAMR range from $40,000 to $620,000 based on recent sales data. This $580,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Pelican Point_CAMR selling above or below asking price?

Accepted Answer

On average, homes in Pelican Point_CAMR are selling at 94.6% 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 Pelican Point_CAMR?

Accepted Answer

Homes in Pelican Point_CAMR are selling in an average of 23 days. This indicates a seller's market with strong demand. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Pelican Point_CAMR?

Accepted Answer

The average price per square foot in Pelican Point_CAMR is $389. 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 $778,000.

Question 7

How active is the real estate market in Pelican Point_CAMR?

Accepted Answer

The Pelican Point_CAMR market has seen 10 home sales over the past 2 years, with 10 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Pelican Point_CAMR?

Accepted Answer

The most common property types selling in Pelican Point_CAMR are: detached single family (4 sold, avg $507,500), vacant lot (4 sold, avg $93,750), recreational (2 sold, avg $165,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Pelican Point_CAMR?

Accepted Answer

Detached homes in Pelican Point_CAMR are selling for an average of $507,500, with 4 sales over the past 2 years.

Question 10

Are home prices rising or falling in Pelican Point_CAMR?

Accepted Answer

Home prices in Pelican Point_CAMR have increased by 196.8% over the past 2 years. The average sold price moved from $156,667 to $465,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 11

Is Pelican Point_CAMR a buyer's or seller's market?

Accepted Answer

Based on current data, Pelican Point_CAMR is a buyer's market. Homes are selling in 23 days on average and at 94.6% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 12

What percentage of homes sell above asking price in Pelican Point_CAMR?

Accepted Answer

In Pelican Point_CAMR, 0% of homes sold above asking price, while 100% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 13

What are the average property taxes in Pelican Point_CAMR?

Accepted Answer

The average annual property tax in Pelican Point_CAMR is $1,599, with a median of $1,185. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

What size homes are selling in Pelican Point_CAMR?

Accepted Answer

Homes selling in Pelican Point_CAMR range from 505 to 1,967 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Pelican Point_CAMR?

Accepted Answer

Pelican Point_CAMR shows high price diversity with a standard deviation of $206,265 around the average price of $273,500. This wide range indicates a diverse market with options at many price points.

Question 16

How do I find out how much a house sold for in Pelican Point_CAMR?

Accepted Answer

Simply search our Pelican Point_CAMR 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 17

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 Pelican Point_CAMR will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 18

Do you show all MLS® sold listings for Pelican Point_CAMR?

Accepted Answer

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

Pelican Point_CAMR Homes Sold in the Last 30 Days

Pelican Point_CAMR Sold Data Overview

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Sold Data & Market Statistics for Pelican Point_CAMR

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2-Year Market Trends: All Property Types

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