Question 1

What is the median sold price in The Fairways_STPL?

Accepted Answer

The median sold price in The Fairways_STPL is $503,500 based on 69 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 The Fairways_STPL?

Accepted Answer

The average sold price in The Fairways_STPL is $529,400. Note that the average ($529,400) is higher than the median ($503,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in The Fairways_STPL?

Accepted Answer

Home prices in The Fairways_STPL range from $180,000 to $795,000 based on recent sales data. This $615,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in The Fairways_STPL selling above or below asking price?

Accepted Answer

On average, homes in The Fairways_STPL are selling at 99.8% 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 The Fairways_STPL?

Accepted Answer

Homes in The Fairways_STPL are selling in an average of 51 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in The Fairways_STPL?

Accepted Answer

The average price per square foot in The Fairways_STPL is $318. 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 $636,000.

Question 7

How active is the real estate market in The Fairways_STPL?

Accepted Answer

The The Fairways_STPL market has seen 69 home sales over the past 2 years, with 16 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

What types of properties are selling in The Fairways_STPL?

Accepted Answer

The most common property types selling in The Fairways_STPL are: detached single family (68 sold, avg $531,127), condo (rae) (1 sold, avg $412,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in The Fairways_STPL?

Accepted Answer

Detached homes in The Fairways_STPL are selling for an average of $531,127, with 68 sales over the past 2 years.

Question 10

How much do condos cost in The Fairways_STPL?

Accepted Answer

Condos and apartments in The Fairways_STPL are selling for an average of $412,000, with 1 sales over the past 2 years. Condos typically offer a more affordable entry point into the The Fairways_STPL market.

Question 11

Are home prices rising or falling in The Fairways_STPL?

Accepted Answer

Home prices in The Fairways_STPL have increased by 16.4% over the past 2 years. The average sold price moved from $513,500 to $597,833. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 12

Is The Fairways_STPL a buyer's or seller's market?

Accepted Answer

Based on current data, The Fairways_STPL is a balanced market. Homes are selling in 51 days on average and at 99.8% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 13

What percentage of homes sell above asking price in The Fairways_STPL?

Accepted Answer

In The Fairways_STPL, 33% of homes sold above asking price, while 61% sold below asking. This indicates a competitive market where bidding wars are common.

Question 14

What size homes are selling in The Fairways_STPL?

Accepted Answer

Homes selling in The Fairways_STPL range from 914 to 2,783 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in The Fairways_STPL?

Accepted Answer

The Fairways_STPL shows relatively consistent pricing with a standard deviation of $110,212 around the average price of $529,400. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 16

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

Accepted Answer

Simply search our The Fairways_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 17

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

Question 18

Do you show all MLS® sold listings for The Fairways_STPL?

Accepted Answer

Our feed captures all MLS® listings sold page data available for The Fairways_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 The Fairways_STPL, Stony Plain

The Fairways_STPL Sold Data Overview

Recently Sold in The Fairways_STPL

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Understanding the The Fairways_STPL Market

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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