Question 1

What is the median sold price in The Ranch?

Accepted Answer

The median sold price in The Ranch is $780,000 based on 8 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 The Ranch?

Accepted Answer

The average sold price in The Ranch is $923,375. Note that the average ($923,375) is higher than the median ($780,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in The Ranch?

Accepted Answer

Home prices in The Ranch range from $177,000 to $2,600,000 based on recent sales data. This $2,423,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in The Ranch selling above or below asking price?

Accepted Answer

On average, homes in The Ranch are selling at 97.9% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in The Ranch?

Accepted Answer

Homes in The Ranch are selling in an average of 268 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 The Ranch?

Accepted Answer

The average price per square foot in The Ranch is $575. 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 $1,150,000.

Question 7

How active is the real estate market in The Ranch?

Accepted Answer

The The Ranch market has seen 8 home sales over the past 2 years, with 6 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 The Ranch?

Accepted Answer

The most common property types selling in The Ranch are: detached single family (6 sold, avg $1,168,333), vacant lot (2 sold, avg $188,500). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in The Ranch?

Accepted Answer

Detached homes in The Ranch are selling for an average of $1,168,333, with 6 sales over the past 2 years.

Question 10

Are home prices rising or falling in The Ranch?

Accepted Answer

Home prices in The Ranch have decreased by 74.0% over the past 2 years. The average sold price moved from $680,000 to $177,000. This downward trend may present buying opportunities for purchasers.

Question 11

Is The Ranch a buyer's or seller's market?

Accepted Answer

Based on current data, The Ranch is a buyer's market. Homes are selling in 268 days on average and at 97.9% 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 The Ranch?

Accepted Answer

In The Ranch, 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 The Ranch?

Accepted Answer

The average annual property tax in The Ranch is $4,790, with a median of $5,308. 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 The Ranch?

Accepted Answer

Homes selling in The Ranch range from 1,615 to 3,178 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 The Ranch?

Accepted Answer

The Ranch shows high price diversity with a standard deviation of $716,354 around the average price of $923,375. 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 The Ranch?

Accepted Answer

Simply search our The Ranch 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 The Ranch will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 18

Do you show all MLS® sold listings for The Ranch?

Accepted Answer

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

The Ranch Homes Sold in the Last 30 Days

The Ranch Sold Data Overview

Recently Sold in The Ranch

The Ranch Market Insights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does The Ranch compare to Rural Grande Prairie No. 1, County of?

More neighbourhoods in Rural Grande Prairie No. 1, County of

Frequently Asked Questions

Sign up to see what homes actually sold for