Question 1

What is the median sold price in Mistik Ridge?

Accepted Answer

The median sold price in Mistik Ridge is $1,049,000 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 Mistik Ridge?

Accepted Answer

The average sold price in Mistik Ridge is $960,333. Note that the average ($960,333) is lower than the median ($1,049,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Mistik Ridge?

Accepted Answer

Home prices in Mistik Ridge range from $755,000 to $1,077,000 based on recent sales data. This $322,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Mistik Ridge selling above or below asking price?

Accepted Answer

On average, homes in Mistik Ridge are selling at 95.2% 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 Mistik Ridge?

Accepted Answer

Homes in Mistik Ridge are selling in an average of 130 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 Mistik Ridge?

Accepted Answer

The average price per square foot in Mistik Ridge is $354. 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 $708,000.

Question 7

Are home prices rising or falling in Mistik Ridge?

Accepted Answer

Home prices in Mistik Ridge have increased by 42.6% over the past 2 years. The average sold price moved from $755,000 to $1,077,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 8

Is Mistik Ridge a buyer's or seller's market?

Accepted Answer

Based on current data, Mistik Ridge is a buyer's market. Homes are selling in 130 days on average and at 95.2% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 9

What percentage of homes sell above asking price in Mistik Ridge?

Accepted Answer

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

Question 10

What size homes are selling in Mistik Ridge?

Accepted Answer

Homes selling in Mistik Ridge range from 1,600 to 5,580 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 11

How much do home prices vary in Mistik Ridge?

Accepted Answer

Mistik Ridge shows relatively consistent pricing with a standard deviation of $145,642 around the average price of $960,333. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 12

How do I find out how much a house sold for in Mistik Ridge?

Accepted Answer

Simply search our Mistik Ridge 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 13

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

Question 14

Do you show all MLS® sold listings for Mistik Ridge?

Accepted Answer

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

Houses Sold in Mistik Ridge — What Buyers Paid

Mistik Ridge Sold Data Overview

Recently Sold in Mistik Ridge

Mistik Ridge Market Insights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Mistik Ridge compare to Rural Parkland County?

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