Question 1

What is the median sold price in Chelsea Heights?

Accepted Answer

The median sold price in Chelsea Heights is $524,888 based on 5 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 Chelsea Heights?

Accepted Answer

The average sold price in Chelsea Heights is $532,778. Note that the average ($532,778) is higher than the median ($524,888), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Chelsea Heights?

Accepted Answer

Home prices in Chelsea Heights range from $466,000 to $598,000 based on recent sales data. This $132,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Chelsea Heights selling above or below asking price?

Accepted Answer

On average, homes in Chelsea Heights are selling at 98.0% 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 Chelsea Heights?

Accepted Answer

Homes in Chelsea Heights are selling in an average of 20 days. This indicates a hot seller's market where homes sell very quickly. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Chelsea Heights?

Accepted Answer

The average price per square foot in Chelsea Heights is $336. 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 $672,000.

Question 7

How much do detached homes cost in Chelsea Heights?

Accepted Answer

Detached homes in Chelsea Heights are selling for an average of $532,778, with 5 sales over the past 2 years.

Question 8

Are home prices rising or falling in Chelsea Heights?

Accepted Answer

Home prices in Chelsea Heights have increased by 10.5% over the past 2 years. The average sold price moved from $524,888 to $580,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 9

Is Chelsea Heights a buyer's or seller's market?

Accepted Answer

Based on current data, Chelsea Heights is a slight seller's market. Homes are selling in 20 days on average and at 98.0% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 10

What percentage of homes sell above asking price in Chelsea Heights?

Accepted Answer

In Chelsea Heights, 0% of homes sold above asking price, while 80% 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 Chelsea Heights?

Accepted Answer

Homes selling in Chelsea Heights range from 1,254 to 2,298 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 Chelsea Heights?

Accepted Answer

Chelsea Heights shows relatively consistent pricing with a standard deviation of $49,865 around the average price of $532,778. 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 Chelsea Heights?

Accepted Answer

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

Question 15

Do you show all MLS® sold listings for Chelsea Heights?

Accepted Answer

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

Chelsea Heights Sold Prices & Sale History

Chelsea Heights Sold Data Overview

Recently Sold in Chelsea Heights

What's Happening in Chelsea Heights Real Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Chelsea Heights compare to Sherwood Park?

More neighbourhoods in Sherwood Park

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