Question 1

What is the median sold price in Durham Town Square?

Accepted Answer

The median sold price in Durham Town Square is $376,950 based on 46 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 Durham Town Square?

Accepted Answer

The average sold price in Durham Town Square is $386,969. Note that the average ($386,969) is higher than the median ($376,950), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Durham Town Square?

Accepted Answer

Home prices in Durham Town Square range from $274,900 to $660,000 based on recent sales data. This $385,100 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Durham Town Square selling above or below asking price?

Accepted Answer

On average, homes in Durham Town Square are selling at 99.3% 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 Durham Town Square?

Accepted Answer

Homes in Durham Town Square are selling in an average of 68 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 Durham Town Square?

Accepted Answer

The average price per square foot in Durham Town Square is $322. 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 $644,000.

Question 7

How active is the real estate market in Durham Town Square?

Accepted Answer

The Durham Town Square market has seen 46 home sales over the past 2 years, with 5 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How much do condos cost in Durham Town Square?

Accepted Answer

Condos and apartments in Durham Town Square are selling for an average of $386,969, with 46 sales over the past 2 years. Condos typically offer a more affordable entry point into the Durham Town Square market.

Question 9

Are home prices rising or falling in Durham Town Square?

Accepted Answer

Home prices in Durham Town Square have increased by 61.2% over the past 2 years. The average sold price moved from $274,900 to $443,200. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Durham Town Square a buyer's or seller's market?

Accepted Answer

Based on current data, Durham Town Square is a buyer's market. Homes are selling in 68 days on average and at 99.3% 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 Durham Town Square?

Accepted Answer

In Durham Town Square, 33% of homes sold above asking price, while 54% sold below asking. This indicates a competitive market where bidding wars are common.

Question 12

What size homes are selling in Durham Town Square?

Accepted Answer

Homes selling in Durham Town Square range from 893 to 1,467 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 Durham Town Square?

Accepted Answer

Durham Town Square shows relatively consistent pricing with a standard deviation of $92,176 around the average price of $386,969. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 14

How do I find out how much a house sold for in Durham Town Square?

Accepted Answer

Simply search our Durham Town Square 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 Durham Town Square will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Durham Town Square?

Accepted Answer

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

Houses Sold in Durham Town Square — What Buyers Paid

Durham Town Square Sold Data Overview

Recently Sold in Durham Town Square

Curious what your home is worth in Durham Town Square?

What's Happening in Durham Town Square Real Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Condo carrying costsn=46 condo sales (last 2y)

How does Durham Town Square compare to Sherwood Park?

More neighbourhoods in Sherwood Park

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