Question 1

What is the median sold price in Marrakesh Properties?

Accepted Answer

The median sold price in Marrakesh Properties is $610,000 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 Marrakesh Properties?

Accepted Answer

The average sold price in Marrakesh Properties is $633,400. Note that the average ($633,400) is higher than the median ($610,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Marrakesh Properties?

Accepted Answer

Home prices in Marrakesh Properties range from $606,000 to $684,200 based on recent sales data. This $78,200 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Marrakesh Properties selling above or below asking price?

Accepted Answer

On average, homes in Marrakesh Properties are selling at 101.4% of their asking price. This means homes are selling at or above asking price. Buyers should be prepared for competitive offers.

Question 5

How long do homes take to sell in Marrakesh Properties?

Accepted Answer

Homes in Marrakesh Properties are selling in an average of 25 days. This indicates a seller's market with strong demand. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Marrakesh Properties?

Accepted Answer

The average price per square foot in Marrakesh Properties is $427. 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 $854,000.

Question 7

How active is the real estate market in Marrakesh Properties?

Accepted Answer

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

Question 8

Are home prices rising or falling in Marrakesh Properties?

Accepted Answer

Home prices in Marrakesh Properties have increased by 0.7% over the past 2 years. The average sold price moved from $606,000 to $610,000. The relatively stable prices suggest a balanced market.

Question 9

Is Marrakesh Properties a buyer's or seller's market?

Accepted Answer

Based on current data, Marrakesh Properties is a seller's market. Homes are selling in 25 days on average and at 101.4% of asking price. Sellers can price confidently, while buyers should be prepared to act quickly and consider offering at or above asking price.

Question 10

What percentage of homes sell above asking price in Marrakesh Properties?

Accepted Answer

In Marrakesh Properties, 33% of homes sold above asking price, while 67% sold below asking. This indicates a competitive market where bidding wars are common.

Question 11

What size homes are selling in Marrakesh Properties?

Accepted Answer

Homes selling in Marrakesh Properties range from 1,234 to 1,750 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 Marrakesh Properties?

Accepted Answer

Marrakesh Properties shows relatively consistent pricing with a standard deviation of $35,958 around the average price of $633,400. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 13

How do I find out how much a house sold for in Marrakesh Properties?

Accepted Answer

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

Question 15

Do you show all MLS® sold listings for Marrakesh Properties?

Accepted Answer

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

Houses Sold in Marrakesh Properties — What Buyers Paid

Marrakesh Properties Sold Data Overview

Recently Sold in Marrakesh Properties

What's Happening in Marrakesh Properties Real Estate

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Marrakesh Properties compare to Rural Parkland County?

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