Question 1

What is the median sold price in Southview Ridge (Parkland)?

Accepted Answer

The median sold price in Southview Ridge (Parkland) is $1,162,500 based on 10 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 Southview Ridge (Parkland)?

Accepted Answer

The average sold price in Southview Ridge (Parkland) is $1,179,150. Note that the average ($1,179,150) is higher than the median ($1,162,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Southview Ridge (Parkland)?

Accepted Answer

Home prices in Southview Ridge (Parkland) range from $214,000 to $2,675,000 based on recent sales data. This $2,461,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Southview Ridge (Parkland) selling above or below asking price?

Accepted Answer

On average, homes in Southview Ridge (Parkland) are selling at 94.6% of their asking price. This means buyers have significant negotiating power, with homes selling well below asking price. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Southview Ridge (Parkland)?

Accepted Answer

Homes in Southview Ridge (Parkland) are selling in an average of 196 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 Southview Ridge (Parkland)?

Accepted Answer

The average price per square foot in Southview Ridge (Parkland) is $564. 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 $1,128,000.

Question 7

How active is the real estate market in Southview Ridge (Parkland)?

Accepted Answer

The Southview Ridge (Parkland) market has seen 10 home sales over the past 2 years, with 2 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

What types of properties are selling in Southview Ridge (Parkland)?

Accepted Answer

The most common property types selling in Southview Ridge (Parkland) are: agriculture / farm (8 sold, avg $1,419,063), vacant lot (2 sold, avg $219,500). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Southview Ridge (Parkland)?

Accepted Answer

Home prices in Southview Ridge (Parkland) have decreased by 80.2% over the past 2 years. The average sold price moved from $1,080,000 to $214,000. This downward trend may present buying opportunities for purchasers.

Question 10

Is Southview Ridge (Parkland) a buyer's or seller's market?

Accepted Answer

Based on current data, Southview Ridge (Parkland) is a buyer's market. Homes are selling in 196 days on average and at 94.6% 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 Southview Ridge (Parkland)?

Accepted Answer

In Southview Ridge (Parkland), 0% of homes sold above asking price, while 90% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Southview Ridge (Parkland)?

Accepted Answer

Homes selling in Southview Ridge (Parkland) range from 2,064 to 3,945 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 Southview Ridge (Parkland)?

Accepted Answer

Southview Ridge (Parkland) shows moderate price diversity with a standard deviation of $652,762 around the average price of $1,179,150. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Southview Ridge (Parkland)?

Accepted Answer

Simply search our Southview Ridge (Parkland) 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 Southview Ridge (Parkland) will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Southview Ridge (Parkland)?

Accepted Answer

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

Just Sold: Southview Ridge (Parkland) Home Prices

Southview Ridge (Parkland) Sold Data Overview

Recently Sold in Southview Ridge (Parkland)

Southview Ridge (Parkland) Market Insights

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2-Year Market Trends: All Property Types

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