Question 1

What is the median sold price in Brookhollow?

Accepted Answer

The median sold price in Brookhollow is $326,000 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 Brookhollow?

Accepted Answer

The average sold price in Brookhollow is $340,167. Note that the average ($340,167) is higher than the median ($326,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Brookhollow?

Accepted Answer

Home prices in Brookhollow range from $132,000 to $562,500 based on recent sales data. This $430,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Brookhollow selling above or below asking price?

Accepted Answer

On average, homes in Brookhollow are selling at 98.2% 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 Brookhollow?

Accepted Answer

Homes in Brookhollow are selling in an average of 43 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Brookhollow?

Accepted Answer

The average price per square foot in Brookhollow is $303. 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 $606,000.

Question 7

What types of properties are selling in Brookhollow?

Accepted Answer

The most common property types selling in Brookhollow are: agriculture / farm (2 sold, avg $444,250), vacant lot (1 sold, avg $132,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 8

Are home prices rising or falling in Brookhollow?

Accepted Answer

Home prices in Brookhollow have decreased by 59.5% over the past 2 years. The average sold price moved from $326,000 to $132,000. This downward trend may present buying opportunities for purchasers.

Question 9

Is Brookhollow a buyer's or seller's market?

Accepted Answer

Based on current data, Brookhollow is a slight seller's market. Homes are selling in 43 days on average and at 98.2% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 10

What percentage of homes sell above asking price in Brookhollow?

Accepted Answer

In Brookhollow, 33% of homes sold above asking price, while 67% sold below asking. This indicates a competitive market where bidding wars are common.

Question 11

What size homes are selling in Brookhollow?

Accepted Answer

Homes selling in Brookhollow range from 1,174 to 1,711 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 12

How much do home prices vary in Brookhollow?

Accepted Answer

Brookhollow shows moderate price diversity with a standard deviation of $176,036 around the average price of $340,167. This wide range indicates a diverse market with options at many price points.

Question 13

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

Accepted Answer

Simply search our Brookhollow 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 14

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

Question 15

Do you show all MLS® sold listings for Brookhollow?

Accepted Answer

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

Brookhollow Sold Prices & Sale History

Brookhollow Sold Data Overview

Recently Sold in Brookhollow

What's Happening in Brookhollow Real Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Brookhollow compare to Rural Sturgeon County?

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