Question 1

What is the median sold price in Parkdale?

Accepted Answer

The median sold price in Parkdale is $280,500 based on 28 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 Parkdale?

Accepted Answer

The average sold price in Parkdale is $302,800. Note that the average ($302,800) is higher than the median ($280,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Parkdale?

Accepted Answer

Home prices in Parkdale range from $215,000 to $411,000 based on recent sales data. This $196,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Parkdale selling above or below asking price?

Accepted Answer

On average, homes in Parkdale 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 Parkdale?

Accepted Answer

Homes in Parkdale are selling in an average of 24 days. This indicates a seller's market with strong demand. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Parkdale?

Accepted Answer

The average price per square foot in Parkdale is $243. 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 $486,000.

Question 7

How active is the real estate market in Parkdale?

Accepted Answer

The Parkdale market has seen 28 home sales over the past 2 years, with 2 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

What types of properties are selling in Parkdale?

Accepted Answer

The most common property types selling in Parkdale are: detached single family (24 sold, avg $299,621), townhouse (3 sold, avg $292,167), half duplex (1 sold, avg $411,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Parkdale?

Accepted Answer

Detached homes in Parkdale are selling for an average of $299,621, with 24 sales over the past 2 years.

Question 10

How much do townhouses cost in Parkdale?

Accepted Answer

Townhouses in Parkdale are selling for an average of $292,167, with 3 sales over the past 2 years. Townhouses often provide a middle ground between condo living and detached home ownership.

Question 11

Are home prices rising or falling in Parkdale?

Accepted Answer

Home prices in Parkdale have increased by 13.8% over the past 2 years. The average sold price moved from $290,000 to $330,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 12

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

Accepted Answer

Based on current data, Parkdale is a slight seller's market. Homes are selling in 24 days on average and at 97.0% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 13

What percentage of homes sell above asking price in Parkdale?

Accepted Answer

In Parkdale, 14% of homes sold above asking price, while 79% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 14

What are the average property taxes in Parkdale?

Accepted Answer

The average annual property tax in Parkdale is $2,686, with a median of $2,585. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 15

What size homes are selling in Parkdale?

Accepted Answer

Homes selling in Parkdale range from 720 to 3,035 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 Parkdale?

Accepted Answer

Parkdale shows relatively consistent pricing with a standard deviation of $65,090 around the average price of $302,800. 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 Parkdale?

Accepted Answer

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

Question 19

Do you show all MLS® sold listings for Parkdale?

Accepted Answer

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

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