Question 1

What is the median sold price in Horse Hill Neighbourhood 1A?

Accepted Answer

The median sold price in Horse Hill Neighbourhood 1A is $657,000 based on 22 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 Horse Hill Neighbourhood 1A?

Accepted Answer

The average sold price in Horse Hill Neighbourhood 1A is $691,839. Note that the average ($691,839) is higher than the median ($657,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Horse Hill Neighbourhood 1A?

Accepted Answer

Home prices in Horse Hill Neighbourhood 1A range from $606,244 to $1,090,000 based on recent sales data. This $483,756 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Horse Hill Neighbourhood 1A selling above or below asking price?

Accepted Answer

On average, homes in Horse Hill Neighbourhood 1A are selling at 99.3% 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 Horse Hill Neighbourhood 1A?

Accepted Answer

Homes in Horse Hill Neighbourhood 1A are selling in an average of 235 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Horse Hill Neighbourhood 1A?

Accepted Answer

The average price per square foot in Horse Hill Neighbourhood 1A is $287. 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 $574,000.

Question 7

How active is the real estate market in Horse Hill Neighbourhood 1A?

Accepted Answer

The Horse Hill Neighbourhood 1A market has seen 22 home sales over the past 2 years, with 1 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How much do detached homes cost in Horse Hill Neighbourhood 1A?

Accepted Answer

Detached homes in Horse Hill Neighbourhood 1A are selling for an average of $691,839, with 22 sales over the past 2 years.

Question 9

Are home prices rising or falling in Horse Hill Neighbourhood 1A?

Accepted Answer

Home prices in Horse Hill Neighbourhood 1A have decreased by 6.2% over the past 2 years. The average sold price moved from $649,000 to $609,000. This downward trend may present buying opportunities for purchasers.

Question 10

Is Horse Hill Neighbourhood 1A a buyer's or seller's market?

Accepted Answer

Based on current data, Horse Hill Neighbourhood 1A is a buyer's market. Homes are selling in 235 days on average and at 99.3% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Horse Hill Neighbourhood 1A?

Accepted Answer

In Horse Hill Neighbourhood 1A, 23% of homes sold above asking price, while 59% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What size homes are selling in Horse Hill Neighbourhood 1A?

Accepted Answer

Homes selling in Horse Hill Neighbourhood 1A range from 1,995 to 3,737 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Horse Hill Neighbourhood 1A?

Accepted Answer

Horse Hill Neighbourhood 1A shows relatively consistent pricing with a standard deviation of $108,309 around the average price of $691,839. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 14

How do I find out how much a house sold for in Horse Hill Neighbourhood 1A?

Accepted Answer

Simply search our Horse Hill Neighbourhood 1A 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 15

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 Horse Hill Neighbourhood 1A will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Horse Hill Neighbourhood 1A?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Horse Hill Neighbourhood 1A. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Houses Sold in Horse Hill Neighbourhood 1A — What Buyers Paid

Horse Hill Neighbourhood 1A Sold Data Overview

Recently Sold in Horse Hill Neighbourhood 1A

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2-Year Market Trends: All Property Types

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How does Horse Hill Neighbourhood 1A compare to Edmonton?

Neighbourhood Guide: Horse Hill Neighbourhood 1A, Edmonton

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