Question 1

What is the median sold price in Centennial Village?

Accepted Answer

The median sold price in Centennial Village is $307,890 based on 85 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 Centennial Village?

Accepted Answer

The average sold price in Centennial Village is $302,624. Note that the average ($302,624) is lower than the median ($307,890), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Centennial Village?

Accepted Answer

Home prices in Centennial Village range from $202,925 to $420,000 based on recent sales data. This $217,075 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Centennial Village selling above or below asking price?

Accepted Answer

On average, homes in Centennial Village are selling at 98.3% 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 Centennial Village?

Accepted Answer

Homes in Centennial Village are selling in an average of 94 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 Centennial Village?

Accepted Answer

The average price per square foot in Centennial Village is $282. 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 $564,000.

Question 7

How active is the real estate market in Centennial Village?

Accepted Answer

The Centennial Village market has seen 85 home sales over the past 2 years, with 25 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How many new listings are coming to market in Centennial Village?

Accepted Answer

There have been 8 new listings in Centennial Village during August 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

How much do condos cost in Centennial Village?

Accepted Answer

Condos and apartments in Centennial Village are selling for an average of $302,624, with 85 sales over the past 2 years. Condos typically offer a more affordable entry point into the Centennial Village market.

Question 10

Are home prices rising or falling in Centennial Village?

Accepted Answer

Home prices in Centennial Village have decreased by 20.3% over the past 2 years. The average sold price moved from $282,100 to $224,900. This downward trend may present buying opportunities for purchasers.

Question 11

Is Centennial Village a buyer's or seller's market?

Accepted Answer

Based on current data, Centennial Village is a buyer's market. Homes are selling in 94 days on average and at 98.3% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 12

What percentage of homes sell above asking price in Centennial Village?

Accepted Answer

In Centennial Village, 15% of homes sold above asking price, while 76% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 13

What size homes are selling in Centennial Village?

Accepted Answer

Homes selling in Centennial Village range from 708 to 1,518 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Centennial Village?

Accepted Answer

Centennial Village shows relatively consistent pricing with a standard deviation of $48,675 around the average price of $302,624. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 15

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

Accepted Answer

Simply search our Centennial 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 16

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

Question 17

Do you show all MLS® sold listings for Centennial Village?

Accepted Answer

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

Centennial Village Homes Sold in the Last 30 Days

Centennial Village Sold Data Overview

Recently Sold in Centennial Village

Curious what your home is worth in Centennial Village?

Understanding the Centennial Village Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Condo carrying costsn=85 condo sales (last 2y)

How does Centennial Village compare to Sherwood Park?

More neighbourhoods in Sherwood Park

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