Question 1

What is the median sold price in Bristol Estates?

Accepted Answer

The median sold price in Bristol Estates is $688,500 based on 6 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 Bristol Estates?

Accepted Answer

The average sold price in Bristol Estates is $740,667. Note that the average ($740,667) is higher than the median ($688,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Bristol Estates?

Accepted Answer

Home prices in Bristol Estates range from $592,000 to $930,000 based on recent sales data. This $338,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Bristol Estates selling above or below asking price?

Accepted Answer

On average, homes in Bristol Estates are selling at 99.9% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Bristol Estates?

Accepted Answer

Homes in Bristol Estates are selling in an average of 69 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 6

What is the price per square foot in Bristol Estates?

Accepted Answer

The average price per square foot in Bristol Estates is $452. 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 $904,000.

Question 7

Are home prices rising or falling in Bristol Estates?

Accepted Answer

Home prices in Bristol Estates have decreased by 10.3% over the past 2 years. The average sold price moved from $660,000 to $592,000. This downward trend may present buying opportunities for purchasers.

Question 8

Is Bristol Estates a buyer's or seller's market?

Accepted Answer

Based on current data, Bristol Estates is a buyer's market. Homes are selling in 69 days on average and at 99.9% 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 Bristol Estates?

Accepted Answer

In Bristol Estates, 67% of homes sold above asking price, while 33% sold below asking. This indicates a competitive market where bidding wars are common.

Question 10

What size homes are selling in Bristol Estates?

Accepted Answer

Homes selling in Bristol Estates range from 1,309 to 2,664 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 Bristol Estates?

Accepted Answer

Bristol Estates shows relatively consistent pricing with a standard deviation of $139,437 around the average price of $740,667. 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 Bristol Estates?

Accepted Answer

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

Question 14

Do you show all MLS® sold listings for Bristol Estates?

Accepted Answer

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

Recently Sold Homes in Bristol Estates, Rural Strathcona County

Bristol Estates Sold Data Overview

Recently Sold in Bristol Estates

Understanding the Bristol Estates Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Bristol Estates compare to Rural Strathcona County?

More neighbourhoods in Rural Strathcona County

Frequently Asked Questions

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