Question 1

What is the median sold price in Mulhurst Bay?

Accepted Answer

The median sold price in Mulhurst Bay is $352,000 based on 34 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 Mulhurst Bay?

Accepted Answer

The average sold price in Mulhurst Bay is $391,069. Note that the average ($391,069) is higher than the median ($352,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Mulhurst Bay?

Accepted Answer

Home prices in Mulhurst Bay range from $82,000 to $1,565,000 based on recent sales data. This $1,483,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Mulhurst Bay selling above or below asking price?

Accepted Answer

On average, homes in Mulhurst Bay are selling at 97.2% 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 Mulhurst Bay?

Accepted Answer

Homes in Mulhurst Bay are selling in an average of 81 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 Mulhurst Bay?

Accepted Answer

The average price per square foot in Mulhurst Bay is $316. 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 $632,000.

Question 7

How active is the real estate market in Mulhurst Bay?

Accepted Answer

The Mulhurst Bay market has seen 34 home sales over the past 2 years, with 8 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

What types of properties are selling in Mulhurst Bay?

Accepted Answer

The most common property types selling in Mulhurst Bay are: agriculture / farm (26 sold, avg $346,103), vacant lot (8 sold, avg $170,900). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Mulhurst Bay?

Accepted Answer

Home prices in Mulhurst Bay have increased by 137.5% over the past 2 years. The average sold price moved from $261,000 to $620,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Mulhurst Bay a buyer's or seller's market?

Accepted Answer

Based on current data, Mulhurst Bay is a buyer's market. Homes are selling in 81 days on average and at 97.2% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Mulhurst Bay?

Accepted Answer

In Mulhurst Bay, 24% of homes sold above asking price, while 65% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What size homes are selling in Mulhurst Bay?

Accepted Answer

Homes selling in Mulhurst Bay range from 775 to 3,200 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Mulhurst Bay?

Accepted Answer

Mulhurst Bay shows high price diversity with a standard deviation of $264,900 around the average price of $391,069. This wide range indicates a diverse market with options at many price points.

Question 14

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

Accepted Answer

Simply search our Mulhurst Bay 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 15

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

Question 16

Do you show all MLS® sold listings for Mulhurst Bay?

Accepted Answer

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

Houses Sold in Mulhurst Bay — What Buyers Paid

Mulhurst Bay Sold Data Overview

Recently Sold in Mulhurst Bay

Mulhurst Bay Market Insights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Mulhurst Bay compare to Rural Wetaskiwin County?

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