Question 1

What is the median sold price in Collingwood Cove?

Accepted Answer

The median sold price in Collingwood Cove is $422,500 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 Collingwood Cove?

Accepted Answer

The average sold price in Collingwood Cove is $452,308. Note that the average ($452,308) is higher than the median ($422,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Collingwood Cove?

Accepted Answer

Home prices in Collingwood Cove range from $125,000 to $1,362,500 based on recent sales data. This $1,237,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Collingwood Cove selling above or below asking price?

Accepted Answer

On average, homes in Collingwood Cove are selling at 98.1% 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 Collingwood Cove?

Accepted Answer

Homes in Collingwood Cove are selling in an average of 81 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 Collingwood Cove?

Accepted Answer

The average price per square foot in Collingwood Cove is $363. 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 $726,000.

Question 7

How active is the real estate market in Collingwood Cove?

Accepted Answer

The Collingwood Cove market has seen 13 home sales over the past 2 years, with 2 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

What types of properties are selling in Collingwood Cove?

Accepted Answer

The most common property types selling in Collingwood Cove are: agriculture / farm (12 sold, avg $479,583), vacant lot (1 sold, avg $125,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Collingwood Cove?

Accepted Answer

Home prices in Collingwood Cove have increased by 17.9% over the past 2 years. The average sold price moved from $420,000 to $495,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Collingwood Cove a buyer's or seller's market?

Accepted Answer

Based on current data, Collingwood Cove is a buyer's market. Homes are selling in 81 days on average and at 98.1% 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 Collingwood Cove?

Accepted Answer

In Collingwood Cove, 0% 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 12

What size homes are selling in Collingwood Cove?

Accepted Answer

Homes selling in Collingwood Cove range from 788 to 2,045 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 Collingwood Cove?

Accepted Answer

Collingwood Cove shows high price diversity with a standard deviation of $291,213 around the average price of $452,308. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Collingwood Cove?

Accepted Answer

Simply search our Collingwood Cove 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 Collingwood Cove will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Collingwood Cove?

Accepted Answer

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

Collingwood Cove Sold Data Overview

Recently Sold in Collingwood Cove

Understanding the Collingwood Cove Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Collingwood Cove compare to Rural Strathcona County?

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