Question 1

What is the median sold price in Genesis On The Lakes?

Accepted Answer

The median sold price in Genesis On The Lakes is $576,950 based on 40 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 Genesis On The Lakes?

Accepted Answer

The average sold price in Genesis On The Lakes is $621,176. Note that the average ($621,176) is higher than the median ($576,950), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Genesis On The Lakes?

Accepted Answer

Home prices in Genesis On The Lakes range from $250,000 to $1,140,000 based on recent sales data. This $890,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Genesis On The Lakes selling above or below asking price?

Accepted Answer

On average, homes in Genesis On The Lakes are selling at 98.4% 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 Genesis On The Lakes?

Accepted Answer

Homes in Genesis On The Lakes are selling in an average of 249 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 Genesis On The Lakes?

Accepted Answer

The average price per square foot in Genesis On The Lakes is $329. 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 $658,000.

Question 7

How active is the real estate market in Genesis On The Lakes?

Accepted Answer

The Genesis On The Lakes market has seen 40 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 Genesis On The Lakes?

Accepted Answer

There have been 4 new listings in Genesis On The Lakes during July 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

How much do detached homes cost in Genesis On The Lakes?

Accepted Answer

Detached homes in Genesis On The Lakes are selling for an average of $621,176, with 40 sales over the past 2 years.

Question 10

Are home prices rising or falling in Genesis On The Lakes?

Accepted Answer

Home prices in Genesis On The Lakes have increased by 121.3% over the past 2 years. The average sold price moved from $358,333 to $793,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 11

Is Genesis On The Lakes a buyer's or seller's market?

Accepted Answer

Based on current data, Genesis On The Lakes is a buyer's market. Homes are selling in 249 days on average and at 98.4% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 12

What percentage of homes sell above asking price in Genesis On The Lakes?

Accepted Answer

In Genesis On The Lakes, 15% of homes sold above asking price, while 65% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 13

What size homes are selling in Genesis On The Lakes?

Accepted Answer

Homes selling in Genesis On The Lakes range from 1,369 to 2,874 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Genesis On The Lakes?

Accepted Answer

Genesis On The Lakes shows relatively consistent pricing with a standard deviation of $225,801 around the average price of $621,176. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 15

How do I find out how much a house sold for in Genesis On The Lakes?

Accepted Answer

Simply search our Genesis On The Lakes 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 16

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 Genesis On The Lakes will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 17

Do you show all MLS® sold listings for Genesis On The Lakes?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Genesis On The Lakes. 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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