Question 1

What is the median sold price in Gibbonslea?

Accepted Answer

The median sold price in Gibbonslea is $717,500 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 Gibbonslea?

Accepted Answer

The average sold price in Gibbonslea is $712,500. Note that the average ($712,500) is lower than the median ($717,500), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Gibbonslea?

Accepted Answer

Home prices in Gibbonslea range from $685,000 to $735,000 based on recent sales data. This $50,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Gibbonslea selling above or below asking price?

Accepted Answer

On average, homes in Gibbonslea 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 5

How long do homes take to sell in Gibbonslea?

Accepted Answer

Homes in Gibbonslea 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 6

What is the price per square foot in Gibbonslea?

Accepted Answer

The average price per square foot in Gibbonslea is $422. 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 $844,000.

Question 7

Are home prices rising or falling in Gibbonslea?

Accepted Answer

Home prices in Gibbonslea have decreased by 6.8% over the past 2 years. The average sold price moved from $735,000 to $685,000. This downward trend may present buying opportunities for purchasers.

Question 8

Is Gibbonslea a buyer's or seller's market?

Accepted Answer

Based on current data, Gibbonslea 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 9

What percentage of homes sell above asking price in Gibbonslea?

Accepted Answer

In Gibbonslea, 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 10

What size homes are selling in Gibbonslea?

Accepted Answer

Homes selling in Gibbonslea range from 1,470 to 2,105 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 Gibbonslea?

Accepted Answer

Gibbonslea shows relatively consistent pricing with a standard deviation of $20,716 around the average price of $712,500. 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 Gibbonslea?

Accepted Answer

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

Question 14

Do you show all MLS® sold listings for Gibbonslea?

Accepted Answer

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

Just Sold: Gibbonslea Home Prices

Gibbonslea Sold Data Overview

Recently Sold in Gibbonslea

Sold Data & Market Statistics for Gibbonslea

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Gibbonslea compare to Rural Sturgeon County?

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