Question 1

What is the median sold price in Pineridge Downs?

Accepted Answer

The median sold price in Pineridge Downs is $145,000 based on 7 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 Pineridge Downs?

Accepted Answer

The average sold price in Pineridge Downs is $331,357. Note that the average ($331,357) is higher than the median ($145,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Pineridge Downs?

Accepted Answer

Home prices in Pineridge Downs range from $132,000 to $740,000 based on recent sales data. This $608,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Pineridge Downs selling above or below asking price?

Accepted Answer

On average, homes in Pineridge Downs are selling at 98.7% 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 Pineridge Downs?

Accepted Answer

Homes in Pineridge Downs are selling in an average of 168 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 Pineridge Downs?

Accepted Answer

The average price per square foot in Pineridge Downs is $398. 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 $796,000.

Question 7

What types of properties are selling in Pineridge Downs?

Accepted Answer

The most common property types selling in Pineridge Downs are: vacant lot (4 sold, avg $138,625), agriculture / farm (3 sold, avg $588,333). Each property type has different price points and characteristics to consider when buying or selling.

Question 8

Are home prices rising or falling in Pineridge Downs?

Accepted Answer

Home prices in Pineridge Downs have increased by 21.3% over the past 2 years. The average sold price moved from $610,000 to $740,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 9

Is Pineridge Downs a buyer's or seller's market?

Accepted Answer

Based on current data, Pineridge Downs is a buyer's market. Homes are selling in 168 days on average and at 98.7% 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 Pineridge Downs?

Accepted Answer

In Pineridge Downs, 29% of homes sold above asking price, while 71% sold below asking. A moderate number of homes attract multiple offers.

Question 11

What size homes are selling in Pineridge Downs?

Accepted Answer

Homes selling in Pineridge Downs range from 1,348 to 1,680 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 Pineridge Downs?

Accepted Answer

Pineridge Downs shows high price diversity with a standard deviation of $239,135 around the average price of $331,357. 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 Pineridge Downs?

Accepted Answer

Simply search our Pineridge Downs 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 Pineridge Downs will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 15

Do you show all MLS® sold listings for Pineridge Downs?

Accepted Answer

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

Pineridge Downs Homes Sold in the Last 30 Days

Pineridge Downs Sold Data Overview

Recently Sold in Pineridge Downs

Sold Data & Market Statistics for Pineridge Downs

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Pineridge Downs compare to Rural Wetaskiwin County?

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