Question 1

What is the median sold price in Dancey Estates?

Accepted Answer

The median sold price in Dancey Estates is $407,500 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 Dancey Estates?

Accepted Answer

The average sold price in Dancey Estates is $475,000. Note that the average ($475,000) is higher than the median ($407,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Dancey Estates?

Accepted Answer

Home prices in Dancey Estates range from $325,000 to $760,000 based on recent sales data. This $435,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Dancey Estates selling above or below asking price?

Accepted Answer

On average, homes in Dancey Estates are selling at 94.6% of their asking price. This means buyers have significant negotiating power, with homes selling well below asking price. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Dancey Estates?

Accepted Answer

Homes in Dancey Estates are selling in an average of 85 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Dancey Estates?

Accepted Answer

The average price per square foot in Dancey Estates is $566. 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 $1,132,000.

Question 7

How active is the real estate market in Dancey Estates?

Accepted Answer

The Dancey Estates 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 Dancey Estates?

Accepted Answer

The most common property types selling in Dancey Estates are: detached single family (3 sold, avg $525,000), vacant lot (1 sold, avg $325,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Dancey Estates?

Accepted Answer

Detached homes in Dancey Estates are selling for an average of $525,000, with 3 sales over the past 2 years.

Question 10

Are home prices rising or falling in Dancey Estates?

Accepted Answer

Home prices in Dancey Estates have increased by 81.0% over the past 2 years. The average sold price moved from $420,000 to $760,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 11

Is Dancey Estates a buyer's or seller's market?

Accepted Answer

Based on current data, Dancey Estates is a buyer's market. Homes are selling in 85 days on average and at 94.6% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 12

What percentage of homes sell above asking price in Dancey Estates?

Accepted Answer

In Dancey Estates, 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 13

What are the average property taxes in Dancey Estates?

Accepted Answer

The average annual property tax in Dancey Estates is $2,489, with a median of $2,139. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

What size homes are selling in Dancey Estates?

Accepted Answer

Homes selling in Dancey Estates range from 800 to 1,225 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Dancey Estates?

Accepted Answer

Dancey Estates shows relatively consistent pricing with a standard deviation of $168,189 around the average price of $475,000. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 16

How do I find out how much a house sold for in Dancey Estates?

Accepted Answer

Simply search our Dancey Estates 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 17

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

Question 18

Do you show all MLS® sold listings for Dancey Estates?

Accepted Answer

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

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Dancey Estates Sold Data Overview

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2-Year Market Trends: All Property Types

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