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Market Update for Condominiums in Sherwood Park for the first 6 months of 2011
During the first 6 months of 2011 there were 112 condo sales with a total of 231 condos on the market in Sherwood Park, Alberta. Currently there are only 74 active condo listings therefore this mean that there were an additional 45 condo listings that were on the market that didn’t sell during the first six months of 2011. The Average condo listed was 2 bedroom, 1 bath condo that was about 1,178 sq. ft. The average list price was $307,233 with a per square foot average list price of $256.76. The average sale price for a condo in Sherwood Park during this period was $296,365 with an per square foot average sale price of $256.76. The average sale price to list price was 97% and the average days on market was 53.
The least expensive condo that is currently listed for sale (1 Bedroom / 1 Bath / 613 square foot condo in Woodbridge Farms, Wood Bridge Manor) is listed for $147,500 and the most expensive condo (2+1 Bedroom / 3 Bath / 1,380 square foot Condo in The Ridge, Silver Oaks II) is listed for $534,333.
The least expensive condo that sold last during the first 6 ... more
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