Question 1

What is the median sold price in Butte Hills?

Accepted Answer

The median sold price in Butte Hills is $1,442,500 based on 6 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 Butte Hills?

Accepted Answer

The average sold price in Butte Hills is $1,575,000. Note that the average ($1,575,000) is higher than the median ($1,442,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Butte Hills?

Accepted Answer

Home prices in Butte Hills range from $1,200,000 to $2,165,000 based on recent sales data. This $965,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Butte Hills selling above or below asking price?

Accepted Answer

On average, homes in Butte Hills are selling at 96.1% 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 Butte Hills?

Accepted Answer

Homes in Butte Hills are selling in an average of 67 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 Butte Hills?

Accepted Answer

The average price per square foot in Butte Hills is $561. 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 $1,122,000.

Question 7

How active is the real estate market in Butte Hills?

Accepted Answer

The Butte Hills market has seen 6 home sales over the past 2 years, with 3 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How much do detached homes cost in Butte Hills?

Accepted Answer

Detached homes in Butte Hills are selling for an average of $1,575,000, with 6 sales over the past 2 years.

Question 9

Are home prices rising or falling in Butte Hills?

Accepted Answer

Home prices in Butte Hills have increased by 18.7% over the past 2 years. The average sold price moved from $1,380,000 to $1,637,500. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Butte Hills a buyer's or seller's market?

Accepted Answer

Based on current data, Butte Hills is a buyer's market. Homes are selling in 67 days on average and at 96.1% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Butte Hills?

Accepted Answer

In Butte Hills, 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 12

What are the average property taxes in Butte Hills?

Accepted Answer

The average annual property tax in Butte Hills is $5,989, with a median of $4,948. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 13

What size homes are selling in Butte Hills?

Accepted Answer

Homes selling in Butte Hills range from 1,704 to 5,672 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Butte Hills?

Accepted Answer

Butte Hills shows relatively consistent pricing with a standard deviation of $364,623 around the average price of $1,575,000. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 15

How do I find out how much a house sold for in Butte Hills?

Accepted Answer

Simply search our Butte Hills 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 16

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

Question 17

Do you show all MLS® sold listings for Butte Hills?

Accepted Answer

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

Butte Hills Homes Sold in the Last 30 Days

Butte Hills Sold Data Overview

Recently Sold in Butte Hills

Understanding the Butte Hills Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Butte Hills compare to Rural Rocky View County?

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