Question 1

What is the median sold price in Drouin Subdivision?

Accepted Answer

The median sold price in Drouin Subdivision is $535,000 based on 3 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 Drouin Subdivision?

Accepted Answer

The average sold price in Drouin Subdivision is $421,067. Note that the average ($421,067) is lower than the median ($535,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Drouin Subdivision?

Accepted Answer

Home prices in Drouin Subdivision range from $92,500 to $635,700 based on recent sales data. This $543,200 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Drouin Subdivision selling above or below asking price?

Accepted Answer

On average, homes in Drouin Subdivision are selling at 98.2% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Drouin Subdivision?

Accepted Answer

Homes in Drouin Subdivision are selling in an average of 93 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 Drouin Subdivision?

Accepted Answer

The average price per square foot in Drouin Subdivision is $313. 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 $626,000.

Question 7

What types of properties are selling in Drouin Subdivision?

Accepted Answer

The most common property types selling in Drouin Subdivision are: agriculture / farm (2 sold, avg $585,350), vacant lot (1 sold, avg $92,500). Each property type has different price points and characteristics to consider when buying or selling.

Question 8

Is Drouin Subdivision a buyer's or seller's market?

Accepted Answer

Based on current data, Drouin Subdivision is a buyer's market. Homes are selling in 93 days on average and at 98.2% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 9

What percentage of homes sell above asking price in Drouin Subdivision?

Accepted Answer

In Drouin Subdivision, 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 10

What size homes are selling in Drouin Subdivision?

Accepted Answer

Homes selling in Drouin Subdivision range from 1,683 to 2,065 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 11

How much do home prices vary in Drouin Subdivision?

Accepted Answer

Drouin Subdivision shows moderate price diversity with a standard deviation of $235,941 around the average price of $421,067. This wide range indicates a diverse market with options at many price points.

Question 12

How do I find out how much a house sold for in Drouin Subdivision?

Accepted Answer

Simply search our Drouin Subdivision 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 13

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

Question 14

Do you show all MLS® sold listings for Drouin Subdivision?

Accepted Answer

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

Recently Sold Homes in Drouin Subdivision, Rural Bonnyville M.D.

Drouin Subdivision Sold Data Overview

Recently Sold in Drouin Subdivision

Drouin Subdivision Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Drouin Subdivision compare to Rural Bonnyville M.D.?

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