Question 1

What is the median sold price in Balmoral Heights?

Accepted Answer

The median sold price in Balmoral Heights is $1,420,000 based on 13 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 Balmoral Heights?

Accepted Answer

The average sold price in Balmoral Heights is $1,580,377. Note that the average ($1,580,377) is higher than the median ($1,420,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Balmoral Heights?

Accepted Answer

Home prices in Balmoral Heights range from $949,900 to $2,370,000 based on recent sales data. This $1,420,100 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Balmoral Heights selling above or below asking price?

Accepted Answer

On average, homes in Balmoral Heights are selling at 96.2% 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 Balmoral Heights?

Accepted Answer

Homes in Balmoral Heights are selling in an average of 105 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 Balmoral Heights?

Accepted Answer

The average price per square foot in Balmoral Heights is $571. 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 $1,142,000.

Question 7

How active is the real estate market in Balmoral Heights?

Accepted Answer

The Balmoral Heights market has seen 13 home sales over the past 2 years, with 4 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Balmoral Heights?

Accepted Answer

There have been 2 new listings in Balmoral Heights during April 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Balmoral Heights?

Accepted Answer

The most common property types selling in Balmoral Heights are: agriculture / farm (12 sold, avg $1,593,742), detached single family (1 sold, avg $1,420,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Balmoral Heights?

Accepted Answer

Detached homes in Balmoral Heights are selling for an average of $1,420,000, with 1 sales over the past 2 years.

Question 11

Are home prices rising or falling in Balmoral Heights?

Accepted Answer

Home prices in Balmoral Heights have decreased by 32.9% over the past 2 years. The average sold price moved from $1,975,000 to $1,325,000. This downward trend may present buying opportunities for purchasers.

Question 12

Is Balmoral Heights a buyer's or seller's market?

Accepted Answer

Based on current data, Balmoral Heights is a buyer's market. Homes are selling in 105 days on average and at 96.2% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Balmoral Heights?

Accepted Answer

In Balmoral Heights, 8% of homes sold above asking price, while 85% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 14

What are the average property taxes in Balmoral Heights?

Accepted Answer

The average annual property tax in Balmoral Heights is $8,896, with a median of $8,896. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 15

What size homes are selling in Balmoral Heights?

Accepted Answer

Homes selling in Balmoral Heights range from 1,646 to 4,741 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Balmoral Heights?

Accepted Answer

Balmoral Heights shows relatively consistent pricing with a standard deviation of $398,699 around the average price of $1,580,377. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 17

How do I find out how much a house sold for in Balmoral Heights?

Accepted Answer

Simply search our Balmoral Heights 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 18

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

Question 19

Do you show all MLS® sold listings for Balmoral Heights?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Balmoral Heights. 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 Balmoral Heights, Rural Strathcona County

Balmoral Heights Sold Data Overview

Recently Sold in Balmoral Heights

Understanding the Balmoral Heights Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Balmoral Heights compare to Rural Strathcona County?

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