Question 1

What is the median sold price in Brookwood?

Accepted Answer

The median sold price in Brookwood is $386,950 based on 70 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 Brookwood?

Accepted Answer

The average sold price in Brookwood is $351,796. Note that the average ($351,796) is lower than the median ($386,950), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Brookwood?

Accepted Answer

Home prices in Brookwood range from $147,500 to $460,000 based on recent sales data. This $312,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Brookwood selling above or below asking price?

Accepted Answer

On average, homes in Brookwood are selling at 99.6% 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 Brookwood?

Accepted Answer

Homes in Brookwood are selling in an average of 30 days. This indicates a seller's market with strong demand. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Brookwood?

Accepted Answer

The average price per square foot in Brookwood is $308. 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 $616,000.

Question 7

How active is the real estate market in Brookwood?

Accepted Answer

The Brookwood market has seen 70 home sales over the past 2 years, with 4 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How many new listings are coming to market in Brookwood?

Accepted Answer

There have been 2 new listings in Brookwood during April 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Brookwood?

Accepted Answer

The most common property types selling in Brookwood are: detached single family (54 sold, avg $393,459), condo (rae) (16 sold, avg $211,181). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Brookwood?

Accepted Answer

Detached homes in Brookwood are selling for an average of $393,459, with 54 sales over the past 2 years.

Question 11

How much do condos cost in Brookwood?

Accepted Answer

Condos and apartments in Brookwood are selling for an average of $211,181, with 16 sales over the past 2 years. Condos typically offer a more affordable entry point into the Brookwood market.

Question 12

Are home prices rising or falling in Brookwood?

Accepted Answer

Home prices in Brookwood have increased by 9.4% over the past 2 years. The average sold price moved from $333,500 to $365,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 13

Is Brookwood a buyer's or seller's market?

Accepted Answer

Based on current data, Brookwood is a slight seller's market. Homes are selling in 30 days on average and at 99.6% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 14

What percentage of homes sell above asking price in Brookwood?

Accepted Answer

In Brookwood, 39% of homes sold above asking price, while 51% sold below asking. This indicates a competitive market where bidding wars are common.

Question 15

What size homes are selling in Brookwood?

Accepted Answer

Homes selling in Brookwood range from 883 to 1,771 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 16

How much do home prices vary in Brookwood?

Accepted Answer

Brookwood shows relatively consistent pricing with a standard deviation of $86,885 around the average price of $351,796. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 17

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

Accepted Answer

Simply search our Brookwood 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 18

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

Question 19

Do you show all MLS® sold listings for Brookwood?

Accepted Answer

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

Brookwood Homes Sold in the Last 30 Days

Brookwood Sold Data Overview

Recently Sold in Brookwood

Sold Data & Market Statistics for Brookwood

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Brookwood compare to Spruce Grove?

More neighbourhoods in Spruce Grove

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