Question 1

What is the median sold price in Pine Lake Area?

Accepted Answer

The median sold price in Pine Lake Area is $233,333 based on 1 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 Pine Lake Area?

Accepted Answer

Home prices in Pine Lake Area range from $233,333 to $233,333 based on recent sales data. This $0 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 3

Are homes in Pine Lake Area selling above or below asking price?

Accepted Answer

On average, homes in Pine Lake Area are selling at 59.8% 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 4

How long do homes take to sell in Pine Lake Area?

Accepted Answer

Homes in Pine Lake Area are selling in an average of 149 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 5

What is the price per square foot in Pine Lake Area?

Accepted Answer

The average price per square foot in Pine Lake Area is $221. 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 $442,000.

Question 6

Is Pine Lake Area a buyer's or seller's market?

Accepted Answer

Based on current data, Pine Lake Area is a buyer's market. Homes are selling in 149 days on average and at 59.8% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 7

What percentage of homes sell above asking price in Pine Lake Area?

Accepted Answer

In Pine Lake Area, 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 8

What size homes are selling in Pine Lake Area?

Accepted Answer

Homes selling in Pine Lake Area range from 1,055 to 1,055 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 9

How do I find out how much a house sold for in Pine Lake Area?

Accepted Answer

Simply search our Pine Lake Area 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 10

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 Pine Lake Area will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 11

Do you show all MLS® sold listings for Pine Lake Area?

Accepted Answer

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

Recently Sold Homes in Pine Lake Area, Rural Red Deer County

Pine Lake Area Sold Data Overview

Recently Sold in Pine Lake Area

Understanding the Pine Lake Area Market

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Negotiation & Cost Insights

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