Question 1

What is the median sold price in Valaspen Place?

Accepted Answer

The median sold price in Valaspen Place is $628,950 based on 4 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 Valaspen Place?

Accepted Answer

The average sold price in Valaspen Place is $695,100. Note that the average ($695,100) is higher than the median ($628,950), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Valaspen Place?

Accepted Answer

Home prices in Valaspen Place range from $540,000 to $982,500 based on recent sales data. This $442,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Valaspen Place selling above or below asking price?

Accepted Answer

On average, homes in Valaspen Place are selling at 92.1% 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 Valaspen Place?

Accepted Answer

Homes in Valaspen Place are selling in an average of 130 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 Valaspen Place?

Accepted Answer

The average price per square foot in Valaspen Place is $428. 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 $856,000.

Question 7

Are home prices rising or falling in Valaspen Place?

Accepted Answer

Home prices in Valaspen Place have increased by 5.0% over the past 2 years. The average sold price moved from $579,900 to $609,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 8

Is Valaspen Place a buyer's or seller's market?

Accepted Answer

Based on current data, Valaspen Place is a buyer's market. Homes are selling in 130 days on average and at 92.1% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 9

What percentage of homes sell above asking price in Valaspen Place?

Accepted Answer

In Valaspen Place, 25% of homes sold above asking price, while 50% sold below asking. A moderate number of homes attract multiple offers.

Question 10

What size homes are selling in Valaspen Place?

Accepted Answer

Homes selling in Valaspen Place range from 1,055 to 2,298 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 11

How much do home prices vary in Valaspen Place?

Accepted Answer

Valaspen Place shows relatively consistent pricing with a standard deviation of $173,362 around the average price of $695,100. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 12

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

Accepted Answer

Simply search our Valaspen Place 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 13

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

Question 14

Do you show all MLS® sold listings for Valaspen Place?

Accepted Answer

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

Valaspen Place Homes Sold in the Last 30 Days

Valaspen Place Sold Data Overview

Recently Sold in Valaspen Place

Understanding the Valaspen Place Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Valaspen Place compare to Rural Parkland County?

More neighbourhoods in Rural Parkland County

Frequently Asked Questions

Sign up to see what homes actually sold for