Question 1

What is the median sold price in Fairway Meadows?

Accepted Answer

The median sold price in Fairway Meadows is $445,000 based on 2 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 price range for homes in Fairway Meadows?

Accepted Answer

Home prices in Fairway Meadows range from $410,000 to $480,000 based on recent sales data. This $70,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 3

Are homes in Fairway Meadows selling above or below asking price?

Accepted Answer

On average, homes in Fairway Meadows are selling at 96.7% 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 4

How long do homes take to sell in Fairway Meadows?

Accepted Answer

Homes in Fairway Meadows are selling in an average of 62 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 5

What is the price per square foot in Fairway Meadows?

Accepted Answer

The average price per square foot in Fairway Meadows is $197. 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 $394,000.

Question 6

Is Fairway Meadows a buyer's or seller's market?

Accepted Answer

Based on current data, Fairway Meadows is a buyer's market. Homes are selling in 62 days on average and at 96.7% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 7

What percentage of homes sell above asking price in Fairway Meadows?

Accepted Answer

In Fairway Meadows, 50% of homes sold above asking price, while 50% sold below asking. This indicates a competitive market where bidding wars are common.

Question 8

What size homes are selling in Fairway Meadows?

Accepted Answer

Homes selling in Fairway Meadows range from 2,058 to 2,460 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 9

How much do home prices vary in Fairway Meadows?

Accepted Answer

Fairway Meadows shows relatively consistent pricing with a standard deviation of $35,000 around the average price of $445,000. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 10

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

Accepted Answer

Simply search our Fairway Meadows 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 11

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

Question 12

Do you show all MLS® sold listings for Fairway Meadows?

Accepted Answer

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

Fairway Meadows Sold Prices & Sale History

Fairway Meadows Sold Data Overview

Recently Sold in Fairway Meadows

What's Happening in Fairway Meadows Real Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Fairway Meadows compare to Rural Brazeau County?

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