Question 1

What is the median sold price in Garden Meadows?

Accepted Answer

The median sold price in Garden Meadows is $319,950 based on 18 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 Garden Meadows?

Accepted Answer

The average sold price in Garden Meadows is $334,275. Note that the average ($334,275) is higher than the median ($319,950), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Garden Meadows?

Accepted Answer

Home prices in Garden Meadows range from $232,000 to $452,000 based on recent sales data. This $220,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

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

Accepted Answer

On average, homes in Garden Meadows are selling at 97.8% 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 Garden Meadows?

Accepted Answer

Homes in Garden Meadows are selling in an average of 13 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 Garden Meadows?

Accepted Answer

The average price per square foot in Garden Meadows is $276. 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 $552,000.

Question 7

How active is the real estate market in Garden Meadows?

Accepted Answer

The Garden Meadows market has seen 18 home sales over the past 2 years, with 10 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

How much do detached homes cost in Garden Meadows?

Accepted Answer

Detached homes in Garden Meadows are selling for an average of $321,911, with 18 sales over the past 2 years.

Question 9

Are home prices rising or falling in Garden Meadows?

Accepted Answer

Home prices in Garden Meadows have decreased by 6.3% over the past 2 years. The average sold price moved from $308,000 to $288,500. This downward trend may present buying opportunities for purchasers.

Question 10

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

Accepted Answer

Based on current data, Garden Meadows is a slight seller's market. Homes are selling in 13 days on average and at 97.8% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 11

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

Accepted Answer

In Garden Meadows, 6% of homes sold above asking price, while 72% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What are the average property taxes in Garden Meadows?

Accepted Answer

The average annual property tax in Garden Meadows is $3,487, with a median of $3,487. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 13

What size homes are selling in Garden Meadows?

Accepted Answer

Homes selling in Garden Meadows range from 770 to 2,314 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Garden Meadows?

Accepted Answer

Garden Meadows shows relatively consistent pricing with a standard deviation of $56,344 around the average price of $334,275. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 15

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

Accepted Answer

Simply search our Garden 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 16

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

Question 17

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

Accepted Answer

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

Garden Meadows Sold Prices & Sale History

Garden Meadows Sold Data Overview

Recently Sold in Garden Meadows

Garden Meadows Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Garden Meadows compare to Wetaskiwin?

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