Question 1

What is the median sold price in Downtown East?

Accepted Answer

The median sold price in Downtown East is $245,000 based on 31 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 Downtown East?

Accepted Answer

The average sold price in Downtown East is $209,447. Note that the average ($209,447) is lower than the median ($245,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Downtown East?

Accepted Answer

Home prices in Downtown East range from $32,000 to $432,500 based on recent sales data. This $400,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Downtown East selling above or below asking price?

Accepted Answer

On average, homes in Downtown East are selling at 97.0% 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 Downtown East?

Accepted Answer

Homes in Downtown East are selling in an average of 17 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 Downtown East?

Accepted Answer

The average price per square foot in Downtown East is $201. 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 $402,000.

Question 7

How active is the real estate market in Downtown East?

Accepted Answer

The Downtown East market has seen 31 home sales over the past 2 years, with 11 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 Downtown East?

Accepted Answer

There have been 9 new listings in Downtown East during May 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Downtown East?

Accepted Answer

The most common property types selling in Downtown East are: detached single family (19 sold, avg $207,553), townhouse (6 sold, avg $306,392), lowrise apartment (3 sold, avg $104,667). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Downtown East?

Accepted Answer

Detached homes in Downtown East are selling for an average of $207,553, with 19 sales over the past 2 years.

Question 11

How much do condos cost in Downtown East?

Accepted Answer

Condos and apartments in Downtown East are selling for an average of $104,667, with 3 sales over the past 2 years. Condos typically offer a more affordable entry point into the Downtown East market.

Question 12

How much do townhouses cost in Downtown East?

Accepted Answer

Townhouses in Downtown East are selling for an average of $306,392, with 6 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 13

Are home prices rising or falling in Downtown East?

Accepted Answer

Home prices in Downtown East have increased by 145.4% over the past 2 years. The average sold price moved from $130,000 to $319,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 14

Is Downtown East a buyer's or seller's market?

Accepted Answer

Based on current data, Downtown East is a balanced market. Homes are selling in 17 days on average and at 97.0% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 15

What percentage of homes sell above asking price in Downtown East?

Accepted Answer

In Downtown East, 6% of homes sold above asking price, while 81% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 16

What are the average property taxes in Downtown East?

Accepted Answer

The average annual property tax in Downtown East is $1,753, with a median of $1,524. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 17

What size homes are selling in Downtown East?

Accepted Answer

Homes selling in Downtown East range from 610 to 2,801 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 18

How much do home prices vary in Downtown East?

Accepted Answer

Downtown East shows moderate price diversity with a standard deviation of $103,345 around the average price of $209,447. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 19

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

Accepted Answer

Simply search our Downtown East 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 20

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

Question 21

Do you show all MLS® sold listings for Downtown East?

Accepted Answer

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

Downtown East Sold Prices & Sale History

Downtown East Sold Data Overview

Recently Sold in Downtown East

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Downtown East Price Trends & Sale Statistics

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2-Year Market Trends: All Property Types

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