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Market Analysis for Sherwood Park Condos - October 2011

Summary of Sales Activity for Condos in Sherwood Park
October 2011
October 1, 2011 - October 31, 2011

Average Sold Price: $305,127
Number of Condos Sold: 11
Range of Prices: $220,000 - $417,500
Average Days On Market (DOM) of Sold Units: 103
 YTD Average Sold Price: $296,103
     (January 1, 2011 - October 31, 2011)
 
As of November 22, 2011
Average List Price (Active Listings): $311,571
Number of Condos on the Market: 62
 
Currently, while there is some activity, it is actually quite slow on the buyer side this fall.  This is putting downward pressure on prices making it a real buyers market, especially with the low interest rates currently available.  
 
   
If you are interested in buying or selling a condo in Sherwood Park, contact me at:


Ralph Henze
RE/MAX Advantage
Cell:  780-918-7885
Office:  780-464-4100
email:  ralphhenze@gmail.com
 
www.RalphHenzeHomes.com
 
         
 
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