Question 1

What is the median sold price in Shil Shol Estate?

Accepted Answer

The median sold price in Shil Shol Estate is $505,000 based on 8 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 Shil Shol Estate?

Accepted Answer

The average sold price in Shil Shol Estate is $549,900. Note that the average ($549,900) is higher than the median ($505,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Shil Shol Estate?

Accepted Answer

Home prices in Shil Shol Estate range from $355,000 to $865,000 based on recent sales data. This $510,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Shil Shol Estate selling above or below asking price?

Accepted Answer

On average, homes in Shil Shol Estate are selling at 99.3% 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 Shil Shol Estate?

Accepted Answer

Homes in Shil Shol Estate are selling in an average of 40 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 Shil Shol Estate?

Accepted Answer

The average price per square foot in Shil Shol Estate is $311. 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 $622,000.

Question 7

Are home prices rising or falling in Shil Shol Estate?

Accepted Answer

Home prices in Shil Shol Estate have increased by 108.6% over the past 2 years. The average sold price moved from $414,600 to $865,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 8

Is Shil Shol Estate a buyer's or seller's market?

Accepted Answer

Based on current data, Shil Shol Estate is a slight seller's market. Homes are selling in 40 days on average and at 99.3% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 9

What percentage of homes sell above asking price in Shil Shol Estate?

Accepted Answer

In Shil Shol Estate, 38% of homes sold above asking price, while 50% sold below asking. This indicates a competitive market where bidding wars are common.

Question 10

What size homes are selling in Shil Shol Estate?

Accepted Answer

Homes selling in Shil Shol Estate range from 1,252 to 2,583 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 Shil Shol Estate?

Accepted Answer

Shil Shol Estate shows relatively consistent pricing with a standard deviation of $142,772 around the average price of $549,900. 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 Shil Shol Estate?

Accepted Answer

Simply search our Shil Shol Estate 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 Shil Shol Estate will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 14

Do you show all MLS® sold listings for Shil Shol Estate?

Accepted Answer

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

Shil Shol Estate Homes Sold in the Last 30 Days

Shil Shol Estate Sold Data Overview

Recently Sold in Shil Shol Estate

Sold Data & Market Statistics for Shil Shol Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Shil Shol Estate compare to Rural Sturgeon County?

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