Question 1

What is the median sold price in Springvale Heights?

Accepted Answer

The median sold price in Springvale Heights is $814,500 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 Springvale Heights?

Accepted Answer

The average sold price in Springvale Heights is $933,625. Note that the average ($933,625) is higher than the median ($814,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Springvale Heights?

Accepted Answer

Home prices in Springvale Heights range from $730,500 to $1,375,000 based on recent sales data. This $644,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Springvale Heights selling above or below asking price?

Accepted Answer

On average, homes in Springvale Heights are selling at 94.5% 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 Springvale Heights?

Accepted Answer

Homes in Springvale Heights are selling in an average of 33 days. This indicates a seller's market with strong demand. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Springvale Heights?

Accepted Answer

The average price per square foot in Springvale Heights is $355. 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 $710,000.

Question 7

How much do detached homes cost in Springvale Heights?

Accepted Answer

Detached homes in Springvale Heights are selling for an average of $933,625, with 4 sales over the past 2 years.

Question 8

Are home prices rising or falling in Springvale Heights?

Accepted Answer

Home prices in Springvale Heights have decreased by 32.3% over the past 2 years. The average sold price moved from $1,078,750 to $730,500. This downward trend may present buying opportunities for purchasers.

Question 9

Is Springvale Heights a buyer's or seller's market?

Accepted Answer

Based on current data, Springvale Heights is a buyer's market. Homes are selling in 33 days on average and at 94.5% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 10

What percentage of homes sell above asking price in Springvale Heights?

Accepted Answer

In Springvale Heights, 0% of homes sold above asking price, while 100% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 11

What are the average property taxes in Springvale Heights?

Accepted Answer

The average annual property tax in Springvale Heights is $3,362, with a median of $3,931. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 12

What size homes are selling in Springvale Heights?

Accepted Answer

Homes selling in Springvale Heights range from 1,456 to 4,050 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 Springvale Heights?

Accepted Answer

Springvale Heights shows relatively consistent pricing with a standard deviation of $258,119 around the average price of $933,625. 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 Springvale Heights?

Accepted Answer

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

Question 16

Do you show all MLS® sold listings for Springvale Heights?

Accepted Answer

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

Springvale Heights Homes Sold in the Last 30 Days

Springvale Heights Sold Data Overview

Recently Sold in Springvale Heights

Sold Data & Market Statistics for Springvale Heights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Springvale Heights compare to Rural Red Deer County?

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