Question 1

What is the median sold price in Pine Lake West?

Accepted Answer

The median sold price in Pine Lake West is $735,000 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 Pine Lake West?

Accepted Answer

The average sold price in Pine Lake West is $741,667. Note that the average ($741,667) is higher than the median ($735,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Pine Lake West?

Accepted Answer

Home prices in Pine Lake West range from $640,000 to $850,000 based on recent sales data. This $210,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

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

Accepted Answer

On average, homes in Pine Lake West are selling at 96.7% 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 Pine Lake West?

Accepted Answer

Homes in Pine Lake West are selling in an average of 98 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 Pine Lake West?

Accepted Answer

The average price per square foot in Pine Lake West is $453. 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 $906,000.

Question 7

How much do detached homes cost in Pine Lake West?

Accepted Answer

Detached homes in Pine Lake West are selling for an average of $741,667, with 3 sales over the past 2 years.

Question 8

Are home prices rising or falling in Pine Lake West?

Accepted Answer

Home prices in Pine Lake West have increased by 32.8% over the past 2 years. The average sold price moved from $640,000 to $850,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 9

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

Accepted Answer

Based on current data, Pine Lake West is a buyer's market. Homes are selling in 98 days on average and at 96.7% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 10

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

Accepted Answer

In Pine Lake West, 0% of homes sold above asking price, while 67% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 11

What are the average property taxes in Pine Lake West?

Accepted Answer

The average annual property tax in Pine Lake West is $4,076, with a median of $3,514. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 12

What size homes are selling in Pine Lake West?

Accepted Answer

Homes selling in Pine Lake West range from 1,173 to 2,476 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 Pine Lake West?

Accepted Answer

Pine Lake West shows relatively consistent pricing with a standard deviation of $85,862 around the average price of $741,667. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 14

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

Accepted Answer

Simply search our Pine Lake West 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 Pine Lake West will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

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

Accepted Answer

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

Pine Lake West Homes Sold in the Last 30 Days

Pine Lake West Sold Data Overview

Recently Sold in Pine Lake West

Sold Data & Market Statistics for Pine Lake West

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Pine Lake West compare to Rural Red Deer County?

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