Question 1

What is the median sold price in Sun Hill Estates?

Accepted Answer

The median sold price in Sun Hill Estates is $835,000 based on 5 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 Sun Hill Estates?

Accepted Answer

The average sold price in Sun Hill Estates is $862,000. Note that the average ($862,000) is higher than the median ($835,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Sun Hill Estates?

Accepted Answer

Home prices in Sun Hill Estates range from $795,000 to $990,000 based on recent sales data. This $195,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Sun Hill Estates selling above or below asking price?

Accepted Answer

On average, homes in Sun Hill Estates are selling at 97.4% 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 Sun Hill Estates?

Accepted Answer

Homes in Sun Hill Estates are selling in an average of 65 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 Sun Hill Estates?

Accepted Answer

The average price per square foot in Sun Hill Estates is $435. 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 $870,000.

Question 7

Are home prices rising or falling in Sun Hill Estates?

Accepted Answer

Home prices in Sun Hill Estates have decreased by 11.2% over the past 2 years. The average sold price moved from $912,500 to $810,000. This downward trend may present buying opportunities for purchasers.

Question 8

Is Sun Hill Estates a buyer's or seller's market?

Accepted Answer

Based on current data, Sun Hill Estates is a buyer's market. Homes are selling in 65 days on average and at 97.4% 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 Sun Hill Estates?

Accepted Answer

In Sun Hill Estates, 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 Sun Hill Estates?

Accepted Answer

Homes selling in Sun Hill Estates range from 1,405 to 2,534 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 Sun Hill Estates?

Accepted Answer

Sun Hill Estates shows relatively consistent pricing with a standard deviation of $70,185 around the average price of $862,000. 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 Sun Hill Estates?

Accepted Answer

Simply search our Sun Hill Estates 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 Sun Hill Estates will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 14

Do you show all MLS® sold listings for Sun Hill Estates?

Accepted Answer

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

Sun Hill Estates Homes Sold in the Last 30 Days

Sun Hill Estates Sold Data Overview

Recently Sold in Sun Hill Estates

Understanding the Sun Hill Estates Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Sun Hill Estates compare to Rural Strathcona County?

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