Question 1

What is the median sold price in Twin Island Air Park?

Accepted Answer

The median sold price in Twin Island Air Park is $490,000 based on 3 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 Twin Island Air Park?

Accepted Answer

The average sold price in Twin Island Air Park is $513,300. Note that the average ($513,300) is higher than the median ($490,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Twin Island Air Park?

Accepted Answer

Home prices in Twin Island Air Park range from $150,000 to $899,900 based on recent sales data. This $749,900 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Twin Island Air Park selling above or below asking price?

Accepted Answer

On average, homes in Twin Island Air Park are selling at 90.6% 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 Twin Island Air Park?

Accepted Answer

Homes in Twin Island Air Park are selling in an average of 62 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 Twin Island Air Park?

Accepted Answer

The average price per square foot in Twin Island Air Park is $335. 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 $670,000.

Question 7

What types of properties are selling in Twin Island Air Park?

Accepted Answer

The most common property types selling in Twin Island Air Park are: vacant lot (2 sold, avg $320,000), agriculture / farm (1 sold, avg $899,900). Each property type has different price points and characteristics to consider when buying or selling.

Question 8

Are home prices rising or falling in Twin Island Air Park?

Accepted Answer

Home prices in Twin Island Air Park have increased by 83.7% over the past 2 years. The average sold price moved from $490,000 to $899,900. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 9

Is Twin Island Air Park a buyer's or seller's market?

Accepted Answer

Based on current data, Twin Island Air Park is a buyer's market. Homes are selling in 62 days on average and at 90.6% 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 Twin Island Air Park?

Accepted Answer

In Twin Island Air Park, 0% of homes sold above asking price, while 67% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 11

What size homes are selling in Twin Island Air Park?

Accepted Answer

Homes selling in Twin Island Air Park range from 2,683 to 2,683 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 12

How much do home prices vary in Twin Island Air Park?

Accepted Answer

Twin Island Air Park shows moderate price diversity with a standard deviation of $306,588 around the average price of $513,300. This wide range indicates a diverse market with options at many price points.

Question 13

How do I find out how much a house sold for in Twin Island Air Park?

Accepted Answer

Simply search our Twin Island Air Park 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 14

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 Twin Island Air Park will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 15

Do you show all MLS® sold listings for Twin Island Air Park?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Twin Island Air Park. 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 Twin Island Air Park, Rural Strathcona County

Twin Island Air Park Sold Data Overview

Recently Sold in Twin Island Air Park

Understanding the Twin Island Air Park Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Twin Island Air Park compare to Rural Strathcona County?

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