Question 1

What is the median sold price in Regal Park Village?

Accepted Answer

The median sold price in Regal Park Village is $340,000 based on 10 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 Regal Park Village?

Accepted Answer

The average sold price in Regal Park Village is $311,450. Note that the average ($311,450) is lower than the median ($340,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Regal Park Village?

Accepted Answer

Home prices in Regal Park Village range from $64,000 to $425,000 based on recent sales data. This $361,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Regal Park Village selling above or below asking price?

Accepted Answer

On average, homes in Regal Park Village are selling at 96.1% 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 Regal Park Village?

Accepted Answer

Homes in Regal Park Village are selling in an average of 123 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 Regal Park Village?

Accepted Answer

The average price per square foot in Regal Park Village is $264. 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 $528,000.

Question 7

What types of properties are selling in Regal Park Village?

Accepted Answer

The most common property types selling in Regal Park Village are: agriculture / farm (9 sold, avg $338,944), vacant lot (1 sold, avg $64,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 8

Are home prices rising or falling in Regal Park Village?

Accepted Answer

Home prices in Regal Park Village have decreased by 84.9% over the past 2 years. The average sold price moved from $425,000 to $64,000. This downward trend may present buying opportunities for purchasers.

Question 9

Is Regal Park Village a buyer's or seller's market?

Accepted Answer

Based on current data, Regal Park Village is a buyer's market. Homes are selling in 123 days on average and at 96.1% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 10

What percentage of homes sell above asking price in Regal Park Village?

Accepted Answer

In Regal Park Village, 10% of homes sold above asking price, while 70% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 11

What size homes are selling in Regal Park Village?

Accepted Answer

Homes selling in Regal Park Village range from 832 to 2,400 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 Regal Park Village?

Accepted Answer

Regal Park Village shows relatively consistent pricing with a standard deviation of $112,924 around the average price of $311,450. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 13

How do I find out how much a house sold for in Regal Park Village?

Accepted Answer

Simply search our Regal Park Village 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 Regal Park Village will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 15

Do you show all MLS® sold listings for Regal Park Village?

Accepted Answer

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

Regal Park Village Homes Sold in the Last 30 Days

Regal Park Village Sold Data Overview

Recently Sold in Regal Park Village

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Sold Data & Market Statistics for Regal Park Village

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Regal Park Village compare to Rural Westlock County?

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