Question 1

What is the median sold price in Paradise Hills?

Accepted Answer

The median sold price in Paradise Hills is $880,000 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 Paradise Hills?

Accepted Answer

The average sold price in Paradise Hills is $816,663. Note that the average ($816,663) is lower than the median ($880,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Paradise Hills?

Accepted Answer

Home prices in Paradise Hills range from $270,000 to $1,299,990 based on recent sales data. This $1,029,990 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Paradise Hills selling above or below asking price?

Accepted Answer

On average, homes in Paradise Hills are selling at 95.4% 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 Paradise Hills?

Accepted Answer

Homes in Paradise Hills are selling in an average of 39 days. This indicates a seller's market with strong demand. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Paradise Hills?

Accepted Answer

The average price per square foot in Paradise Hills is $480. 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 $960,000.

Question 7

What types of properties are selling in Paradise Hills?

Accepted Answer

The most common property types selling in Paradise Hills are: agriculture / farm (2 sold, avg $1,089,995), vacant lot (1 sold, avg $270,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 8

Are home prices rising or falling in Paradise Hills?

Accepted Answer

Home prices in Paradise Hills have decreased by 69.3% over the past 2 years. The average sold price moved from $880,000 to $270,000. This downward trend may present buying opportunities for purchasers.

Question 9

Is Paradise Hills a buyer's or seller's market?

Accepted Answer

Based on current data, Paradise Hills is a balanced market. Homes are selling in 39 days on average and at 95.4% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 10

What percentage of homes sell above asking price in Paradise Hills?

Accepted Answer

In Paradise Hills, 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 Paradise Hills?

Accepted Answer

Homes selling in Paradise Hills range from 2,132 to 2,511 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 Paradise Hills?

Accepted Answer

Paradise Hills shows moderate price diversity with a standard deviation of $422,870 around the average price of $816,663. 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 Paradise Hills?

Accepted Answer

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

Question 15

Do you show all MLS® sold listings for Paradise Hills?

Accepted Answer

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

Paradise Hills Homes Sold in the Last 30 Days

Paradise Hills Sold Data Overview

Recently Sold in Paradise Hills

Sold Data & Market Statistics for Paradise Hills

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Paradise Hills compare to Rural Leduc County?

More neighbourhoods in Rural Leduc County

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