Question 1

What is the median sold price in Winchell Lake Est?

Accepted Answer

The median sold price in Winchell Lake Est is $729,000 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 Winchell Lake Est?

Accepted Answer

The average sold price in Winchell Lake Est is $754,667. Note that the average ($754,667) is higher than the median ($729,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Winchell Lake Est?

Accepted Answer

Home prices in Winchell Lake Est range from $625,000 to $910,000 based on recent sales data. This $285,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Winchell Lake Est selling above or below asking price?

Accepted Answer

On average, homes in Winchell Lake Est 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 Winchell Lake Est?

Accepted Answer

Homes in Winchell Lake Est are selling in an average of 56 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Winchell Lake Est?

Accepted Answer

The average price per square foot in Winchell Lake Est is $459. 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 $918,000.

Question 7

How active is the real estate market in Winchell Lake Est?

Accepted Answer

The Winchell Lake Est market has seen 3 home sales over the past 2 years, with 2 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How much do detached homes cost in Winchell Lake Est?

Accepted Answer

Detached homes in Winchell Lake Est are selling for an average of $754,667, with 3 sales over the past 2 years.

Question 9

Are home prices rising or falling in Winchell Lake Est?

Accepted Answer

Home prices in Winchell Lake Est have decreased by 31.3% over the past 2 years. The average sold price moved from $910,000 to $625,000. This downward trend may present buying opportunities for purchasers.

Question 10

Is Winchell Lake Est a buyer's or seller's market?

Accepted Answer

Based on current data, Winchell Lake Est is a balanced market. Homes are selling in 56 days on average and at 97.9% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 11

What percentage of homes sell above asking price in Winchell Lake Est?

Accepted Answer

In Winchell Lake Est, 0% of homes sold above asking price, while 67% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What are the average property taxes in Winchell Lake Est?

Accepted Answer

The average annual property tax in Winchell Lake Est is $3,220, with a median of $3,329. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 13

What size homes are selling in Winchell Lake Est?

Accepted Answer

Homes selling in Winchell Lake Est range from 1,269 to 2,281 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Winchell Lake Est?

Accepted Answer

Winchell Lake Est shows relatively consistent pricing with a standard deviation of $117,758 around the average price of $754,667. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 15

How do I find out how much a house sold for in Winchell Lake Est?

Accepted Answer

Simply search our Winchell Lake Est 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 16

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 Winchell Lake Est will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 17

Do you show all MLS® sold listings for Winchell Lake Est?

Accepted Answer

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

Houses Sold in Winchell Lake Est — What Buyers Paid

Winchell Lake Est Sold Data Overview

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2-Year Market Trends: All Property Types

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