Question 1

What is the median sold price in Jubilee?

Accepted Answer

The median sold price in Jubilee is $174,900 based on 27 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 Jubilee?

Accepted Answer

The average sold price in Jubilee is $192,793. Note that the average ($192,793) is higher than the median ($174,900), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Jubilee?

Accepted Answer

Home prices in Jubilee range from $62,500 to $467,000 based on recent sales data. This $404,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Jubilee selling above or below asking price?

Accepted Answer

On average, homes in Jubilee are selling at 95.9% 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 Jubilee?

Accepted Answer

Homes in Jubilee are selling in an average of 25 days. This indicates a seller's market with strong demand. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Jubilee?

Accepted Answer

The average price per square foot in Jubilee is $159. 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 $318,000.

Question 7

How active is the real estate market in Jubilee?

Accepted Answer

The Jubilee market has seen 27 home sales over the past 2 years, with 4 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

What types of properties are selling in Jubilee?

Accepted Answer

The most common property types selling in Jubilee are: detached single family (17 sold, avg $225,453), land lease community (6 sold, avg $94,983), modular/mobile (3 sold, avg $84,667). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Jubilee?

Accepted Answer

Detached homes in Jubilee are selling for an average of $225,453, with 17 sales over the past 2 years.

Question 10

Are home prices rising or falling in Jubilee?

Accepted Answer

Home prices in Jubilee have increased by 259.9% over the past 2 years. The average sold price moved from $75,000 to $269,950. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 11

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

Accepted Answer

Based on current data, Jubilee is a balanced market. Homes are selling in 25 days on average and at 95.9% 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 Jubilee?

Accepted Answer

In Jubilee, 11% of homes sold above asking price, while 74% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 13

What are the average property taxes in Jubilee?

Accepted Answer

The average annual property tax in Jubilee is $3,587, with a median of $3,587. 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 Jubilee?

Accepted Answer

Homes selling in Jubilee range from 769 to 2,644 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 Jubilee?

Accepted Answer

Jubilee shows high price diversity with a standard deviation of $119,340 around the average price of $192,793. This wide range indicates a diverse market with options at many price points.

Question 16

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

Accepted Answer

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

Question 18

Do you show all MLS® sold listings for Jubilee?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Jubilee. 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 Jubilee, Wetaskiwin

Jubilee Sold Data Overview

Recently Sold in Jubilee

Jubilee Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Jubilee compare to Wetaskiwin?

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