Question 1

What is the median sold price in Cherot?

Accepted Answer

The median sold price in Cherot is $505,000 based on 105 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 Cherot?

Accepted Answer

The average sold price in Cherot is $559,154. Note that the average ($559,154) is higher than the median ($505,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Cherot?

Accepted Answer

Home prices in Cherot range from $382,000 to $949,900 based on recent sales data. This $567,900 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Cherot selling above or below asking price?

Accepted Answer

On average, homes in Cherot 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 Cherot?

Accepted Answer

Homes in Cherot are selling in an average of 100 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 Cherot?

Accepted Answer

The average price per square foot in Cherot is $291. 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 $582,000.

Question 7

How active is the real estate market in Cherot?

Accepted Answer

The Cherot market has seen 105 home sales over the past 2 years, with 15 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 Cherot?

Accepted Answer

There have been 5 new listings in Cherot during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

Are home prices rising or falling in Cherot?

Accepted Answer

Home prices in Cherot have increased by 51.0% over the past 2 years. The average sold price moved from $473,250 to $714,479. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

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

Accepted Answer

Based on current data, Cherot is a buyer's market. Homes are selling in 100 days on average and at 99.6% 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 Cherot?

Accepted Answer

In Cherot, 15% of homes sold above asking price, while 59% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Cherot?

Accepted Answer

Homes selling in Cherot range from 1,461 to 2,836 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 Cherot?

Accepted Answer

Cherot shows relatively consistent pricing with a standard deviation of $131,075 around the average price of $559,154. 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 Cherot?

Accepted Answer

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

Question 16

Do you show all MLS® sold listings for Cherot?

Accepted Answer

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

Cherot Sold Prices & Sale History

Cherot Sold Data Overview

8 Recently Sold Homes in Cherot (Last 30 days • Updated February 24, 2026 at 1:35 PM)

What's Happening in Cherot Real Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Cherot vs St. Albert

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