Question 1

What is the median sold price in Village at Pigeon Lake?

Accepted Answer

The median sold price in Village at Pigeon Lake is $284,250 based on 12 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 Village at Pigeon Lake?

Accepted Answer

The average sold price in Village at Pigeon Lake is $335,083. Note that the average ($335,083) is higher than the median ($284,250), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Village at Pigeon Lake?

Accepted Answer

Home prices in Village at Pigeon Lake range from $40,000 to $807,000 based on recent sales data. This $767,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Village at Pigeon Lake selling above or below asking price?

Accepted Answer

On average, homes in Village at Pigeon Lake are selling at 102.0% of their asking price. This means homes are selling at or above asking price. Buyers should be prepared for competitive offers.

Question 5

How long do homes take to sell in Village at Pigeon Lake?

Accepted Answer

Homes in Village at Pigeon Lake are selling in an average of 133 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 Village at Pigeon Lake?

Accepted Answer

The average price per square foot in Village at Pigeon Lake is $372. 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 $744,000.

Question 7

How active is the real estate market in Village at Pigeon Lake?

Accepted Answer

The Village at Pigeon Lake market has seen 12 home sales over the past 2 years, with 4 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Village at Pigeon Lake?

Accepted Answer

The most common property types selling in Village at Pigeon Lake are: agriculture / farm (7 sold, avg $494,357), vacant lot (5 sold, avg $112,100). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Village at Pigeon Lake?

Accepted Answer

Home prices in Village at Pigeon Lake have increased by 423.5% over the past 2 years. The average sold price moved from $61,250 to $320,625. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Village at Pigeon Lake a buyer's or seller's market?

Accepted Answer

Based on current data, Village at Pigeon Lake is a buyer's market. Homes are selling in 133 days on average and at 102.0% 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 Village at Pigeon Lake?

Accepted Answer

In Village at Pigeon Lake, 17% of homes sold above asking price, while 83% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What size homes are selling in Village at Pigeon Lake?

Accepted Answer

Homes selling in Village at Pigeon Lake range from 915 to 1,726 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 Village at Pigeon Lake?

Accepted Answer

Village at Pigeon Lake shows high price diversity with a standard deviation of $238,453 around the average price of $335,083. 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 Village at Pigeon Lake?

Accepted Answer

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

Question 16

Do you show all MLS® sold listings for Village at Pigeon Lake?

Accepted Answer

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

Village at Pigeon Lake Sold Prices & Sale History

Village at Pigeon Lake Sold Data Overview

Recently Sold in Village at Pigeon Lake

Village at Pigeon Lake Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Village at Pigeon Lake compare to Rural Wetaskiwin County?

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