Question 1

What is the median sold price in Meridian Meadows?

Accepted Answer

The median sold price in Meridian Meadows is $224,250 based on 14 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 Meridian Meadows?

Accepted Answer

The average sold price in Meridian Meadows is $231,021. Note that the average ($231,021) is higher than the median ($224,250), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Meridian Meadows?

Accepted Answer

Home prices in Meridian Meadows range from $165,000 to $306,000 based on recent sales data. This $141,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Meridian Meadows selling above or below asking price?

Accepted Answer

On average, homes in Meridian Meadows are selling at 99.9% 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 Meridian Meadows?

Accepted Answer

Homes in Meridian Meadows are selling in an average of 11 days. This indicates a hot seller's market where homes sell very quickly. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Meridian Meadows?

Accepted Answer

The average price per square foot in Meridian Meadows is $182. 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 $364,000.

Question 7

How active is the real estate market in Meridian Meadows?

Accepted Answer

The Meridian Meadows market has seen 14 home sales over the past 2 years, with 6 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Meridian Meadows?

Accepted Answer

The most common property types selling in Meridian Meadows are: land lease community (7 sold, avg $247,286), modular/mobile (7 sold, avg $214,757). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Meridian Meadows?

Accepted Answer

Home prices in Meridian Meadows have increased by 32.0% over the past 2 years. The average sold price moved from $197,000 to $260,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Meridian Meadows a buyer's or seller's market?

Accepted Answer

Based on current data, Meridian Meadows is a seller's market. Homes are selling in 11 days on average and at 99.9% of asking price. Sellers can price confidently, while buyers should be prepared to act quickly and consider offering at or above asking price.

Question 11

What percentage of homes sell above asking price in Meridian Meadows?

Accepted Answer

In Meridian Meadows, 36% of homes sold above asking price, while 50% sold below asking. This indicates a competitive market where bidding wars are common.

Question 12

What size homes are selling in Meridian Meadows?

Accepted Answer

Homes selling in Meridian Meadows range from 960 to 1,697 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 Meridian Meadows?

Accepted Answer

Meridian Meadows shows relatively consistent pricing with a standard deviation of $34,933 around the average price of $231,021. 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 Meridian Meadows?

Accepted Answer

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

Question 16

Do you show all MLS® sold listings for Meridian Meadows?

Accepted Answer

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

Meridian Meadows Homes Sold in the Last 30 Days

Meridian Meadows Sold Data Overview

Recently Sold in Meridian Meadows

Sold Data & Market Statistics for Meridian Meadows

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Meridian Meadows compare to Stony Plain?

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