In general, the Sherwood Park acreage market is picking up. The average sold price is up from $560,000 in January to $602,000 in February. 22 properties sold in February versus 16 in January. The number of days on market has also dropped. As spring approaches, the number of acreages on the market have increased with 180 properties currently on the market in Strathcona County.
February 1, 2012 - February 29, 2012
Average Sold Price: $602,536 Number of Acreages Sold: 22 Range of Prices: $259,900 - $1,045,000 Average Days On Market (0 comments)
The average sale price of a Sherwood Park acreage in January was $559,187, up from December’s average of $536,611. There were 16 properties sold in the county and the average days on market was 95. Prices are expected to recover and rise to the spring/early summer, the prime selling season for acreages.
January 1, 2012 - January 31, 2012
Average Sold Price: $559,187 Number of Acreages Sold: 16 Range of Prices: $265,000 - $975,000 Average Days On Market (DOM) of Sold Units: 95 Average Sale Price per square feet: $302.92 (0 comments)