Question 1

What is the median sold price in Sherwood Cove?

Accepted Answer

The median sold price in Sherwood Cove is $235,000 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 Sherwood Cove?

Accepted Answer

The average sold price in Sherwood Cove is $220,333. Note that the average ($220,333) is lower than the median ($235,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Sherwood Cove?

Accepted Answer

Home prices in Sherwood Cove range from $40,000 to $386,000 based on recent sales data. This $346,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Sherwood Cove selling above or below asking price?

Accepted Answer

On average, homes in Sherwood Cove are selling at 93.3% 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 Sherwood Cove?

Accepted Answer

Homes in Sherwood Cove are selling in an average of 205 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 Sherwood Cove?

Accepted Answer

The average price per square foot in Sherwood Cove is $237. 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 $474,000.

Question 7

How active is the real estate market in Sherwood Cove?

Accepted Answer

The Sherwood Cove market has seen 3 home sales over the past 2 years, with 5 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 Sherwood Cove?

Accepted Answer

The most common property types selling in Sherwood Cove are: agriculture / farm (2 sold, avg $310,500), vacant lot (1 sold, avg $40,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Is Sherwood Cove a buyer's or seller's market?

Accepted Answer

Based on current data, Sherwood Cove is a buyer's market. Homes are selling in 205 days on average and at 93.3% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 10

What percentage of homes sell above asking price in Sherwood Cove?

Accepted Answer

In Sherwood Cove, 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 11

What size homes are selling in Sherwood Cove?

Accepted Answer

Homes selling in Sherwood Cove range from 1,206 to 1,520 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 12

How much do home prices vary in Sherwood Cove?

Accepted Answer

Sherwood Cove shows high price diversity with a standard deviation of $141,634 around the average price of $220,333. This wide range indicates a diverse market with options at many price points.

Question 13

How do I find out how much a house sold for in Sherwood Cove?

Accepted Answer

Simply search our Sherwood Cove 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 14

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

Question 15

Do you show all MLS® sold listings for Sherwood Cove?

Accepted Answer

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

Just Sold: Sherwood Cove Home Prices

Sherwood Cove Sold Data Overview

Recently Sold in Sherwood Cove

Sold Data & Market Statistics for Sherwood Cove

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Sherwood Cove compare to Rural Lac Ste. Anne County?

More neighbourhoods in Rural Lac Ste. Anne County

Frequently Asked Questions

Sign up to see what homes actually sold for