Question 1

What is the median sold price in Adam Lily Acres?

Accepted Answer

The median sold price in Adam Lily Acres is $802,000 based on 7 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 Adam Lily Acres?

Accepted Answer

The average sold price in Adam Lily Acres is $803,100. Note that the average ($803,100) is higher than the median ($802,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Adam Lily Acres?

Accepted Answer

Home prices in Adam Lily Acres range from $645,000 to $955,000 based on recent sales data. This $310,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Adam Lily Acres selling above or below asking price?

Accepted Answer

On average, homes in Adam Lily Acres are selling at 100.0% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Adam Lily Acres?

Accepted Answer

Homes in Adam Lily Acres are selling in an average of 38 days. This indicates a seller's market with strong demand. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Adam Lily Acres?

Accepted Answer

The average price per square foot in Adam Lily Acres is $471. 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 $942,000.

Question 7

Are home prices rising or falling in Adam Lily Acres?

Accepted Answer

Home prices in Adam Lily Acres have increased by 30.8% over the past 2 years. The average sold price moved from $730,000 to $955,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 8

Is Adam Lily Acres a buyer's or seller's market?

Accepted Answer

Based on current data, Adam Lily Acres is a slight seller's market. Homes are selling in 38 days on average and at 100.0% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 9

What percentage of homes sell above asking price in Adam Lily Acres?

Accepted Answer

In Adam Lily Acres, 57% of homes sold above asking price, while 43% sold below asking. This indicates a competitive market where bidding wars are common.

Question 10

What size homes are selling in Adam Lily Acres?

Accepted Answer

Homes selling in Adam Lily Acres range from 1,333 to 2,416 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 Adam Lily Acres?

Accepted Answer

Adam Lily Acres shows relatively consistent pricing with a standard deviation of $95,999 around the average price of $803,100. 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 Adam Lily Acres?

Accepted Answer

Simply search our Adam Lily 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 Adam Lily 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 Adam Lily Acres?

Accepted Answer

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

Adam Lily Acres Sold Prices & Sale History

Adam Lily Acres Sold Data Overview

Recently Sold in Adam Lily Acres

Adam Lily Acres Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Adam Lily Acres compare to Rural Strathcona County?

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