Question 1

What is the median sold price in Lily Lake Estates_MSTU?

Accepted Answer

The median sold price in Lily Lake Estates_MSTU is $120,000 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 Lily Lake Estates_MSTU?

Accepted Answer

The average sold price in Lily Lake Estates_MSTU is $218,750. Note that the average ($218,750) is higher than the median ($120,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Lily Lake Estates_MSTU?

Accepted Answer

Home prices in Lily Lake Estates_MSTU range from $66,000 to $569,000 based on recent sales data. This $503,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Lily Lake Estates_MSTU selling above or below asking price?

Accepted Answer

On average, homes in Lily Lake Estates_MSTU are selling at 97.2% 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 Lily Lake Estates_MSTU?

Accepted Answer

Homes in Lily Lake Estates_MSTU are selling in an average of 191 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Lily Lake Estates_MSTU?

Accepted Answer

The average price per square foot in Lily Lake Estates_MSTU is $356. 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 $712,000.

Question 7

What types of properties are selling in Lily Lake Estates_MSTU?

Accepted Answer

The most common property types selling in Lily Lake Estates_MSTU are: vacant lot (3 sold, avg $102,000), agriculture / farm (1 sold, avg $569,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 8

Are home prices rising or falling in Lily Lake Estates_MSTU?

Accepted Answer

Home prices in Lily Lake Estates_MSTU have increased by 81.8% over the past 2 years. The average sold price moved from $66,000 to $120,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 9

Is Lily Lake Estates_MSTU a buyer's or seller's market?

Accepted Answer

Based on current data, Lily Lake Estates_MSTU is a buyer's market. Homes are selling in 191 days on average and at 97.2% 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 Lily Lake Estates_MSTU?

Accepted Answer

In Lily Lake Estates_MSTU, 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 size homes are selling in Lily Lake Estates_MSTU?

Accepted Answer

Homes selling in Lily Lake Estates_MSTU range from 1,598 to 1,598 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 Lily Lake Estates_MSTU?

Accepted Answer

Lily Lake Estates_MSTU shows high price diversity with a standard deviation of $203,415 around the average price of $218,750. 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 Lily Lake Estates_MSTU?

Accepted Answer

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

Question 15

Do you show all MLS® sold listings for Lily Lake Estates_MSTU?

Accepted Answer

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

Just Sold: Lily Lake Estates_MSTU Home Prices

Lily Lake Estates_MSTU Sold Data Overview

Recently Sold in Lily Lake Estates_MSTU

Lily Lake Estates_MSTU Market Insights

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2-Year Market Trends: All Property Types

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