Question 1

What is the median sold price in Bailey's Subdivision?

Accepted Answer

The median sold price in Bailey's Subdivision is $646,000 based on 1 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 Bailey's Subdivision?

Accepted Answer

Home prices in Bailey's Subdivision range from $646,000 to $646,000 based on recent sales data. This $0 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 3

Are homes in Bailey's Subdivision selling above or below asking price?

Accepted Answer

On average, homes in Bailey's Subdivision are selling at 97.0% 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 Bailey's Subdivision?

Accepted Answer

Homes in Bailey's Subdivision are selling in an average of 54 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 5

What is the price per square foot in Bailey's Subdivision?

Accepted Answer

The average price per square foot in Bailey's Subdivision is $491. 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 $982,000.

Question 6

Is Bailey's Subdivision a buyer's or seller's market?

Accepted Answer

Based on current data, Bailey's Subdivision is a balanced market. Homes are selling in 54 days on average and at 97.0% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 7

What percentage of homes sell above asking price in Bailey's Subdivision?

Accepted Answer

In Bailey's Subdivision, 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 8

What size homes are selling in Bailey's Subdivision?

Accepted Answer

Homes selling in Bailey's Subdivision range from 1,315 to 1,315 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 do I find out how much a house sold for in Bailey's Subdivision?

Accepted Answer

Simply search our Bailey's Subdivision 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 10

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 Bailey's Subdivision will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 11

Do you show all MLS® sold listings for Bailey's Subdivision?

Accepted Answer

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

Bailey's Subdivision Homes Sold in the Last 30 Days

Bailey's Subdivision Sold Data Overview

Recently Sold in Bailey's Subdivision

Sold Data & Market Statistics for Bailey's Subdivision

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Negotiation & Cost Insights

How does Bailey's Subdivision compare to Rural Strathcona County?

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