Question 1

What is the median sold price in Four Ridges?

Accepted Answer

The median sold price in Four Ridges is $1,165,000 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 Four Ridges?

Accepted Answer

The average sold price in Four Ridges is $1,146,667. Note that the average ($1,146,667) is lower than the median ($1,165,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Four Ridges?

Accepted Answer

Home prices in Four Ridges range from $875,000 to $1,400,000 based on recent sales data. This $525,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Four Ridges selling above or below asking price?

Accepted Answer

On average, homes in Four Ridges are selling at 97.8% 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 Four Ridges?

Accepted Answer

Homes in Four Ridges are selling in an average of 118 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 Four Ridges?

Accepted Answer

The average price per square foot in Four Ridges is $465. 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 $930,000.

Question 7

Are home prices rising or falling in Four Ridges?

Accepted Answer

Home prices in Four Ridges have decreased by 16.8% over the past 2 years. The average sold price moved from $1,400,000 to $1,165,000. This downward trend may present buying opportunities for purchasers.

Question 8

Is Four Ridges a buyer's or seller's market?

Accepted Answer

Based on current data, Four Ridges is a buyer's market. Homes are selling in 118 days on average and at 97.8% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 9

What percentage of homes sell above asking price in Four Ridges?

Accepted Answer

In Four Ridges, 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 10

What size homes are selling in Four Ridges?

Accepted Answer

Homes selling in Four Ridges range from 2,205 to 2,811 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 Four Ridges?

Accepted Answer

Four Ridges shows relatively consistent pricing with a standard deviation of $214,722 around the average price of $1,146,667. 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 Four Ridges?

Accepted Answer

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

Question 14

Do you show all MLS® sold listings for Four Ridges?

Accepted Answer

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

Four Ridges Homes Sold in the Last 30 Days

Four Ridges Sold Data Overview

Recently Sold in Four Ridges

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Sold Data & Market Statistics for Four Ridges

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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