Question 1

What is the median sold price in Recside?

Accepted Answer

The median sold price in Recside is $209,550 based on 10 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 Recside?

Accepted Answer

The average sold price in Recside is $229,890. Note that the average ($229,890) is higher than the median ($209,550), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Recside?

Accepted Answer

Home prices in Recside range from $136,000 to $354,000 based on recent sales data. This $218,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Recside selling above or below asking price?

Accepted Answer

On average, homes in Recside are selling at 99.8% 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 Recside?

Accepted Answer

Homes in Recside are selling in an average of 87 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 Recside?

Accepted Answer

The average price per square foot in Recside is $237. 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 $474,000.

Question 7

How active is the real estate market in Recside?

Accepted Answer

The Recside market has seen 10 home sales over the past 2 years, with 7 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 Recside?

Accepted Answer

Detached homes in Recside are selling for an average of $229,890, with 10 sales over the past 2 years.

Question 9

Are home prices rising or falling in Recside?

Accepted Answer

Home prices in Recside have decreased by 34.1% over the past 2 years. The average sold price moved from $278,333 to $183,500. This downward trend may present buying opportunities for purchasers.

Question 10

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

Accepted Answer

Based on current data, Recside is a buyer's market. Homes are selling in 87 days on average and at 99.8% 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 Recside?

Accepted Answer

In Recside, 30% of homes sold above asking price, while 60% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What size homes are selling in Recside?

Accepted Answer

Homes selling in Recside range from 591 to 1,547 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 Recside?

Accepted Answer

Recside shows relatively consistent pricing with a standard deviation of $74,248 around the average price of $229,890. 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 Recside?

Accepted Answer

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

Question 16

Do you show all MLS® sold listings for Recside?

Accepted Answer

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

Recside Homes Sold in the Last 30 Days

Recside Sold Data Overview

Recently Sold in Recside

Understanding the Recside Market

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Recside compare to Wetaskiwin?

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