Question 1

What is the median sold price in Garrington Acres?

Accepted Answer

The median sold price in Garrington Acres is $651,500 based on 2 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 price range for homes in Garrington Acres?

Accepted Answer

Home prices in Garrington Acres range from $408,000 to $895,000 based on recent sales data. This $487,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 3

Are homes in Garrington Acres selling above or below asking price?

Accepted Answer

On average, homes in Garrington Acres are selling at 96.6% 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 4

How long do homes take to sell in Garrington Acres?

Accepted Answer

Homes in Garrington Acres 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 5

What is the price per square foot in Garrington Acres?

Accepted Answer

The average price per square foot in Garrington Acres is $515. 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 $1,030,000.

Question 6

How much do detached homes cost in Garrington Acres?

Accepted Answer

Detached homes in Garrington Acres are selling for an average of $651,500, with 2 sales over the past 2 years.

Question 7

Is Garrington Acres a buyer's or seller's market?

Accepted Answer

Based on current data, Garrington Acres is a buyer's market. Homes are selling in 85 days on average and at 96.6% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 8

What percentage of homes sell above asking price in Garrington Acres?

Accepted Answer

In Garrington Acres, 50% of homes sold above asking price, while 50% sold below asking. This indicates a competitive market where bidding wars are common.

Question 9

What are the average property taxes in Garrington Acres?

Accepted Answer

The average annual property tax in Garrington Acres is $3,376, with a median of $3,376. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 10

What size homes are selling in Garrington Acres?

Accepted Answer

Homes selling in Garrington Acres range from 619 to 2,409 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 Garrington Acres?

Accepted Answer

Garrington Acres shows relatively consistent pricing with a standard deviation of $243,500 around the average price of $651,500. 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 Garrington Acres?

Accepted Answer

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

Question 14

Do you show all MLS® sold listings for Garrington Acres?

Accepted Answer

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

Garrington Acres Homes Sold in the Last 30 Days

Garrington Acres Sold Data Overview

Recently Sold in Garrington Acres

Sold Data & Market Statistics for Garrington Acres

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Garrington Acres compare to Rural Red Deer County?

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