Question 1

What is the median sold price in Sprucehill Park?

Accepted Answer

The median sold price in Sprucehill Park is $681,750 based on 4 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 Sprucehill Park?

Accepted Answer

The average sold price in Sprucehill Park is $728,375. Note that the average ($728,375) is higher than the median ($681,750), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Sprucehill Park?

Accepted Answer

Home prices in Sprucehill Park range from $250,000 to $1,300,000 based on recent sales data. This $1,050,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Sprucehill Park selling above or below asking price?

Accepted Answer

On average, homes in Sprucehill Park are selling at 95.9% 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 Sprucehill Park?

Accepted Answer

Homes in Sprucehill Park are selling in an average of 49 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 Sprucehill Park?

Accepted Answer

The average price per square foot in Sprucehill Park is $428. 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 $856,000.

Question 7

How active is the real estate market in Sprucehill Park?

Accepted Answer

The Sprucehill Park market has seen 4 home sales over the past 2 years, with 1 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 Sprucehill Park?

Accepted Answer

The most common property types selling in Sprucehill Park are: agriculture / farm (3 sold, avg $887,833), vacant lot (1 sold, avg $250,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Sprucehill Park?

Accepted Answer

Home prices in Sprucehill Park have increased by 420.0% over the past 2 years. The average sold price moved from $250,000 to $1,300,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Sprucehill Park a buyer's or seller's market?

Accepted Answer

Based on current data, Sprucehill Park is a balanced market. Homes are selling in 49 days on average and at 95.9% 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 Sprucehill Park?

Accepted Answer

In Sprucehill Park, 25% of homes sold above asking price, while 75% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What size homes are selling in Sprucehill Park?

Accepted Answer

Homes selling in Sprucehill Park range from 1,304 to 2,954 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Sprucehill Park?

Accepted Answer

Sprucehill Park shows moderate price diversity with a standard deviation of $374,540 around the average price of $728,375. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Sprucehill Park?

Accepted Answer

Simply search our Sprucehill Park 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 15

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

Question 16

Do you show all MLS® sold listings for Sprucehill Park?

Accepted Answer

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

Sprucehill Park Homes Sold in the Last 30 Days

Sprucehill Park Sold Data Overview

Recently Sold in Sprucehill Park

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Sold Data & Market Statistics for Sprucehill Park

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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