Question 1

What is the median sold price in Southridge_STPL?

Accepted Answer

The median sold price in Southridge_STPL is $388,750 based on 18 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 Southridge_STPL?

Accepted Answer

The average sold price in Southridge_STPL is $399,014. Note that the average ($399,014) is higher than the median ($388,750), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Southridge_STPL?

Accepted Answer

Home prices in Southridge_STPL range from $276,000 to $652,000 based on recent sales data. This $376,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Southridge_STPL selling above or below asking price?

Accepted Answer

On average, homes in Southridge_STPL are selling at 98.2% 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 Southridge_STPL?

Accepted Answer

Homes in Southridge_STPL are selling in an average of 31 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 Southridge_STPL?

Accepted Answer

The average price per square foot in Southridge_STPL is $347. 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 $694,000.

Question 7

How much do detached homes cost in Southridge_STPL?

Accepted Answer

Detached homes in Southridge_STPL are selling for an average of $399,014, with 18 sales over the past 2 years.

Question 8

Are home prices rising or falling in Southridge_STPL?

Accepted Answer

Home prices in Southridge_STPL have increased by 7.6% over the past 2 years. The average sold price moved from $368,083 to $396,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 9

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

Accepted Answer

Based on current data, Southridge_STPL is a slight seller's market. Homes are selling in 31 days on average and at 98.2% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 10

What percentage of homes sell above asking price in Southridge_STPL?

Accepted Answer

In Southridge_STPL, 28% of homes sold above asking price, while 61% sold below asking. A moderate number of homes attract multiple offers.

Question 11

What size homes are selling in Southridge_STPL?

Accepted Answer

Homes selling in Southridge_STPL range from 840 to 1,705 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 12

How much do home prices vary in Southridge_STPL?

Accepted Answer

Southridge_STPL shows relatively consistent pricing with a standard deviation of $76,621 around the average price of $399,014. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 13

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

Accepted Answer

Simply search our Southridge_STPL 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 14

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

Question 15

Do you show all MLS® sold listings for Southridge_STPL?

Accepted Answer

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

Recently Sold Homes in Southridge_STPL, Stony Plain

Southridge_STPL Sold Data Overview

Recently Sold in Southridge_STPL

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Understanding the Southridge_STPL Market

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2-Year Market Trends: All Property Types

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