Question 1

What is the median sold price in Maplegrove?

Accepted Answer

The median sold price in Maplegrove is $449,000 based on 35 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 Maplegrove?

Accepted Answer

The average sold price in Maplegrove is $464,375. Note that the average ($464,375) is higher than the median ($449,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Maplegrove?

Accepted Answer

Home prices in Maplegrove range from $367,500 to $675,500 based on recent sales data. This $308,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Maplegrove selling above or below asking price?

Accepted Answer

On average, homes in Maplegrove are selling at 103.5% of their asking price. This means homes are selling above asking price, indicating strong buyer competition. Buyers should be prepared for competitive offers.

Question 5

How long do homes take to sell in Maplegrove?

Accepted Answer

Homes in Maplegrove are selling in an average of 23 days. This indicates a seller's market with strong demand. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Maplegrove?

Accepted Answer

The average price per square foot in Maplegrove is $375. 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 $750,000.

Question 7

How active is the real estate market in Maplegrove?

Accepted Answer

The Maplegrove market has seen 35 home sales over the past 2 years, with 2 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

Are home prices rising or falling in Maplegrove?

Accepted Answer

Home prices in Maplegrove have decreased by 11.7% over the past 2 years. The average sold price moved from $460,000 to $406,395. This downward trend may present buying opportunities for purchasers.

Question 9

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

Accepted Answer

Based on current data, Maplegrove is a seller's market. Homes are selling in 23 days on average and at 103.5% of asking price. Sellers can price confidently, while buyers should be prepared to act quickly and consider offering at or above asking price.

Question 10

What percentage of homes sell above asking price in Maplegrove?

Accepted Answer

In Maplegrove, 66% of homes sold above asking price, while 29% sold below asking. This indicates a competitive market where bidding wars are common.

Question 11

What size homes are selling in Maplegrove?

Accepted Answer

Homes selling in Maplegrove range from 868 to 2,433 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 Maplegrove?

Accepted Answer

Maplegrove shows relatively consistent pricing with a standard deviation of $72,618 around the average price of $464,375. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 13

How do I find out how much a house sold for in Maplegrove?

Accepted Answer

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

Question 15

Do you show all MLS® sold listings for Maplegrove?

Accepted Answer

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

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