Question 1

What is the median sold price in Marina Bay?

Accepted Answer

The median sold price in Marina Bay is $865,000 based on 6 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 Marina Bay?

Accepted Answer

The average sold price in Marina Bay is $866,415. Note that the average ($866,415) is higher than the median ($865,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Marina Bay?

Accepted Answer

Home prices in Marina Bay range from $697,500 to $1,105,000 based on recent sales data. This $407,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Marina Bay selling above or below asking price?

Accepted Answer

On average, homes in Marina Bay are selling at 96.1% 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 Marina Bay?

Accepted Answer

Homes in Marina Bay are selling in an average of 59 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 Marina Bay?

Accepted Answer

The average price per square foot in Marina Bay is $524. 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 $1,048,000.

Question 7

How active is the real estate market in Marina Bay?

Accepted Answer

The Marina Bay market has seen 6 home sales over the past 2 years, with 10 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 Marina Bay?

Accepted Answer

There have been 4 new listings in Marina Bay during August 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

How much do detached homes cost in Marina Bay?

Accepted Answer

Detached homes in Marina Bay are selling for an average of $866,415, with 6 sales over the past 2 years.

Question 10

Are home prices rising or falling in Marina Bay?

Accepted Answer

Home prices in Marina Bay have decreased by 25.8% over the past 2 years. The average sold price moved from $940,000 to $697,500. This downward trend may present buying opportunities for purchasers.

Question 11

Is Marina Bay a buyer's or seller's market?

Accepted Answer

Based on current data, Marina Bay is a balanced market. Homes are selling in 59 days on average and at 96.1% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 12

What percentage of homes sell above asking price in Marina Bay?

Accepted Answer

In Marina Bay, 17% of homes sold above asking price, while 83% sold below asking. A moderate number of homes attract multiple offers.

Question 13

What are the average property taxes in Marina Bay?

Accepted Answer

The average annual property tax in Marina Bay is $8,576, with a median of $7,984. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

What size homes are selling in Marina Bay?

Accepted Answer

Homes selling in Marina Bay range from 1,392 to 1,901 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 Marina Bay?

Accepted Answer

Marina Bay shows relatively consistent pricing with a standard deviation of $135,888 around the average price of $866,415. 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 Marina Bay?

Accepted Answer

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

Question 18

Do you show all MLS® sold listings for Marina Bay?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Marina Bay. 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 Marina Bay, Sylvan Lake

Marina Bay Sold Data Overview

Recently Sold in Marina Bay

Marina Bay Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Marina Bay compare to Sylvan Lake?

More neighbourhoods in Sylvan Lake

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