Question 1

What is the median sold price in Downtown (St. Albert)?

Accepted Answer

The median sold price in Downtown (St. Albert) is $265,500 based on 38 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 Downtown (St. Albert)?

Accepted Answer

The average sold price in Downtown (St. Albert) is $281,626. Note that the average ($281,626) is higher than the median ($265,500), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Downtown (St. Albert)?

Accepted Answer

Home prices in Downtown (St. Albert) range from $120,000 to $625,000 based on recent sales data. This $505,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Downtown (St. Albert) selling above or below asking price?

Accepted Answer

On average, homes in Downtown (St. Albert) are selling at 96.9% 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 Downtown (St. Albert)?

Accepted Answer

Homes in Downtown (St. Albert) are selling in an average of 103 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 Downtown (St. Albert)?

Accepted Answer

The average price per square foot in Downtown (St. Albert) is $229. 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 $458,000.

Question 7

How active is the real estate market in Downtown (St. Albert)?

Accepted Answer

The Downtown (St. Albert) market has seen 38 home sales over the past 2 years, with 9 properties currently for sale. The market shows balanced conditions between buyers and sellers.

Question 8

How much do condos cost in Downtown (St. Albert)?

Accepted Answer

Condos and apartments in Downtown (St. Albert) are selling for an average of $281,626, with 38 sales over the past 2 years. Condos typically offer a more affordable entry point into the Downtown (St. Albert) market.

Question 9

Are home prices rising or falling in Downtown (St. Albert)?

Accepted Answer

Home prices in Downtown (St. Albert) have increased by 12.5% over the past 2 years. The average sold price moved from $329,000 to $370,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Downtown (St. Albert) a buyer's or seller's market?

Accepted Answer

Based on current data, Downtown (St. Albert) is a buyer's market. Homes are selling in 103 days on average and at 96.9% 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 Downtown (St. Albert)?

Accepted Answer

In Downtown (St. Albert), 18% of homes sold above asking price, while 71% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What size homes are selling in Downtown (St. Albert)?

Accepted Answer

Homes selling in Downtown (St. Albert) range from 660 to 2,055 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 Downtown (St. Albert)?

Accepted Answer

Downtown (St. Albert) shows moderate price diversity with a standard deviation of $124,677 around the average price of $281,626. 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 Downtown (St. Albert)?

Accepted Answer

Simply search our Downtown (St. Albert) 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 Downtown (St. Albert) will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Downtown (St. Albert)?

Accepted Answer

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

Just Sold: Downtown (St. Albert) Home Prices

Downtown (St. Albert) Sold Data Overview

Recently Sold in Downtown (St. Albert)

Sold Data & Market Statistics for Downtown (St. Albert)

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Condo carrying costsn=38 condo sales (last 2y)

How does Downtown (St. Albert) compare to St. Albert?

More neighbourhoods in St. Albert

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