Question 1

What is the median sold price in Oakmont?

Accepted Answer

The median sold price in Oakmont is $615,000 based on 166 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 Oakmont?

Accepted Answer

The average sold price in Oakmont is $626,895. Note that the average ($626,895) is higher than the median ($615,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Oakmont?

Accepted Answer

Home prices in Oakmont range from $195,000 to $1,700,000 based on recent sales data. This $1,505,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Oakmont selling above or below asking price?

Accepted Answer

On average, homes in Oakmont are selling at 99.2% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Oakmont?

Accepted Answer

Homes in Oakmont are selling in an average of 22 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 Oakmont?

Accepted Answer

The average price per square foot in Oakmont is $394. 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 $788,000.

Question 7

How active is the real estate market in Oakmont?

Accepted Answer

The Oakmont market has seen 166 home sales over the past 2 years, with 23 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

What types of properties are selling in Oakmont?

Accepted Answer

The most common property types selling in Oakmont are: detached single family (100 sold, avg $681,195), condo (rae) (66 sold, avg $544,624). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Oakmont?

Accepted Answer

Detached homes in Oakmont are selling for an average of $681,195, with 100 sales over the past 2 years.

Question 10

How much do condos cost in Oakmont?

Accepted Answer

Condos and apartments in Oakmont are selling for an average of $544,624, with 66 sales over the past 2 years. Condos typically offer a more affordable entry point into the Oakmont market.

Question 11

Are home prices rising or falling in Oakmont?

Accepted Answer

Home prices in Oakmont have decreased by 33.7% over the past 2 years. The average sold price moved from $602,700 to $399,500. This downward trend may present buying opportunities for purchasers.

Question 12

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

Accepted Answer

Based on current data, Oakmont is a seller's market. Homes are selling in 22 days on average and at 99.2% of asking price. Sellers can price confidently, while buyers should be prepared to act quickly and consider offering at or above asking price.

Question 13

What percentage of homes sell above asking price in Oakmont?

Accepted Answer

In Oakmont, 31% of homes sold above asking price, while 56% sold below asking. This indicates a competitive market where bidding wars are common.

Question 14

What size homes are selling in Oakmont?

Accepted Answer

Homes selling in Oakmont range from 707 to 3,588 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 Oakmont?

Accepted Answer

Oakmont shows relatively consistent pricing with a standard deviation of $225,499 around the average price of $626,895. 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 Oakmont?

Accepted Answer

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

Question 18

Do you show all MLS® sold listings for Oakmont?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Oakmont. 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 Oakmont, St. Albert

Oakmont Sold Data Overview

Recently Sold in Oakmont

Understanding the Oakmont Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Oakmont compare to St. Albert?

More neighbourhoods in St. Albert

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