Question 1

What is the median sold price in Centre In The Park?

Accepted Answer

The median sold price in Centre In The Park is $351,950 based on 44 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 Centre In The Park?

Accepted Answer

The average sold price in Centre In The Park is $400,006. Note that the average ($400,006) is higher than the median ($351,950), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Centre In The Park?

Accepted Answer

Home prices in Centre In The Park range from $245,000 to $700,030 based on recent sales data. This $455,030 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Centre In The Park selling above or below asking price?

Accepted Answer

On average, homes in Centre In The Park are selling at 97.3% 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 Centre In The Park?

Accepted Answer

Homes in Centre In The Park are selling in an average of 79 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 Centre In The Park?

Accepted Answer

The average price per square foot in Centre In The Park is $387. 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 $774,000.

Question 7

How active is the real estate market in Centre In The Park?

Accepted Answer

The Centre In The Park market has seen 44 home sales over the past 2 years, with 7 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How much do condos cost in Centre In The Park?

Accepted Answer

Condos and apartments in Centre In The Park are selling for an average of $400,006, with 44 sales over the past 2 years. Condos typically offer a more affordable entry point into the Centre In The Park market.

Question 9

Are home prices rising or falling in Centre In The Park?

Accepted Answer

Home prices in Centre In The Park have increased by 93.1% over the past 2 years. The average sold price moved from $321,000 to $620,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Centre In The Park a buyer's or seller's market?

Accepted Answer

Based on current data, Centre In The Park is a buyer's market. Homes are selling in 79 days on average and at 97.3% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Centre In The Park?

Accepted Answer

In Centre In The Park, 7% of homes sold above asking price, while 89% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What size homes are selling in Centre In The Park?

Accepted Answer

Homes selling in Centre In The Park range from 675 to 1,475 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Centre In The Park?

Accepted Answer

Centre In The Park shows relatively consistent pricing with a standard deviation of $122,909 around the average price of $400,006. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 14

How do I find out how much a house sold for in Centre In The Park?

Accepted Answer

Simply search our Centre In The 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 15

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 Centre In The Park will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Centre In The Park?

Accepted Answer

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

Just Sold: Centre In The Park Home Prices

Centre In The Park Sold Data Overview

Recently Sold in Centre In The Park

Centre In The Park Market Insights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Condo carrying costsn=44 condo sales (last 2y)

How does Centre In The Park compare to Sherwood Park?

More neighbourhoods in Sherwood Park

Frequently Asked Questions

Sign up to see what homes actually sold for