Question 1

What is the median sold price in Summerwood?

Accepted Answer

The median sold price in Summerwood is $486,000 based on 366 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 Summerwood?

Accepted Answer

The average sold price in Summerwood is $512,469. Note that the average ($512,469) is higher than the median ($486,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Summerwood?

Accepted Answer

Home prices in Summerwood range from $153,000 to $985,000 based on recent sales data. This $832,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Summerwood selling above or below asking price?

Accepted Answer

On average, homes in Summerwood are selling at 100.1% of their asking price. This means homes are selling at or above asking price. Buyers should be prepared for competitive offers.

Question 5

How long do homes take to sell in Summerwood?

Accepted Answer

Homes in Summerwood are selling in an average of 74 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 Summerwood?

Accepted Answer

The average price per square foot in Summerwood is $306. 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 $612,000.

Question 7

How active is the real estate market in Summerwood?

Accepted Answer

The Summerwood market has seen 366 home sales over the past 2 years, with 72 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How many new listings are coming to market in Summerwood?

Accepted Answer

There have been 36 new listings in Summerwood during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Summerwood?

Accepted Answer

The most common property types selling in Summerwood are: single family (304 sold, avg $553,251), condo (62 sold, avg $312,509). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do condos cost in Summerwood?

Accepted Answer

Condos and apartments in Summerwood are selling for an average of $312,509, with 62 sales over the past 2 years. Condos typically offer a more affordable entry point into the Summerwood market.

Question 11

Are home prices rising or falling in Summerwood?

Accepted Answer

Home prices in Summerwood have increased by 39.1% over the past 2 years. The average sold price moved from $468,750 to $651,964. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 12

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

Accepted Answer

Based on current data, Summerwood is a buyer's market. Homes are selling in 74 days on average and at 100.1% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Summerwood?

Accepted Answer

In Summerwood, 33% of homes sold above asking price, while 48% sold below asking. This indicates a competitive market where bidding wars are common.

Question 14

What size homes are selling in Summerwood?

Accepted Answer

Homes selling in Summerwood range from 542 to 3,103 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Summerwood?

Accepted Answer

Summerwood shows relatively consistent pricing with a standard deviation of $153,377 around the average price of $512,469. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 16

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

Accepted Answer

Simply search our Summerwood 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 17

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 Summerwood will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 18

Do you show all MLS® sold listings for Summerwood?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Summerwood. 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 Summerwood, Sherwood Park

Summerwood Sold Data Overview

10 Recently Sold Homes in Summerwood (Last 30 days • Updated February 24, 2026 at 2:56 PM)

Summerwood Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Summerwood vs Sherwood Park

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