Question 1

What is the median sold price in Strathmore Lakes Estates?

Accepted Answer

The median sold price in Strathmore Lakes Estates is $485,000 based on 44 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 Strathmore Lakes Estates?

Accepted Answer

The average sold price in Strathmore Lakes Estates is $486,551. Note that the average ($486,551) is higher than the median ($485,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Strathmore Lakes Estates?

Accepted Answer

Home prices in Strathmore Lakes Estates range from $215,000 to $995,000 based on recent sales data. This $780,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Strathmore Lakes Estates selling above or below asking price?

Accepted Answer

On average, homes in Strathmore Lakes Estates 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 Strathmore Lakes Estates?

Accepted Answer

Homes in Strathmore Lakes Estates are selling in an average of 48 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 Strathmore Lakes Estates?

Accepted Answer

The average price per square foot in Strathmore Lakes Estates is $374. 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 $748,000.

Question 7

How active is the real estate market in Strathmore Lakes Estates?

Accepted Answer

The Strathmore Lakes Estates market has seen 44 home sales over the past 2 years, with 22 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 Strathmore Lakes Estates?

Accepted Answer

There have been 6 new listings in Strathmore Lakes Estates 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 Strathmore Lakes Estates?

Accepted Answer

The most common property types selling in Strathmore Lakes Estates are: detached single family (19 sold, avg $642,368), lowrise apartment (12 sold, avg $320,000), half duplex (10 sold, avg $446,275). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do detached homes cost in Strathmore Lakes Estates?

Accepted Answer

Detached homes in Strathmore Lakes Estates are selling for an average of $642,368, with 19 sales over the past 2 years.

Question 11

How much do condos cost in Strathmore Lakes Estates?

Accepted Answer

Condos and apartments in Strathmore Lakes Estates are selling for an average of $320,000, with 12 sales over the past 2 years. Condos typically offer a more affordable entry point into the Strathmore Lakes Estates market.

Question 12

How much do townhouses cost in Strathmore Lakes Estates?

Accepted Answer

Townhouses in Strathmore Lakes Estates are selling for an average of $460,000, with 1 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 Strathmore Lakes Estates?

Accepted Answer

Home prices in Strathmore Lakes Estates have decreased by 8.1% over the past 2 years. The average sold price moved from $665,000 to $610,833. This downward trend may present buying opportunities for purchasers.

Question 14

Is Strathmore Lakes Estates a buyer's or seller's market?

Accepted Answer

Based on current data, Strathmore Lakes Estates is a balanced market. Homes are selling in 48 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 Strathmore Lakes Estates?

Accepted Answer

In Strathmore Lakes Estates, 7% of homes sold above asking price, while 86% 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 Strathmore Lakes Estates?

Accepted Answer

The average annual property tax in Strathmore Lakes Estates is $3,278, with a median of $3,347. 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 Strathmore Lakes Estates?

Accepted Answer

Homes selling in Strathmore Lakes Estates range from 755 to 2,673 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 Strathmore Lakes Estates?

Accepted Answer

Strathmore Lakes Estates shows relatively consistent pricing with a standard deviation of $171,851 around the average price of $486,551. 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 Strathmore Lakes Estates?

Accepted Answer

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

Question 21

Do you show all MLS® sold listings for Strathmore Lakes Estates?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Strathmore Lakes Estates. 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 Strathmore Lakes Estates, Strathmore

Strathmore Lakes Estates Sold Data Overview

Recently Sold in Strathmore Lakes Estates

Strathmore Lakes Estates Price Trends & Sale Statistics

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2-Year Market Trends: All Property Types

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