Nobody knows the Sherwood Park, Alberta real estate market better than Jason Beattie. Here are the stats.
During the month of August here were 26 condo sales with 79 condos on the market in Sherwood Park, Alberta. The Average condo listed was 2 bedroom, 1 bath condo that was about 1,200. The average list price was $307,465 with a per square foot average list price of $254.67. The average sale price for a condo in Sherwood Park was $278,469 with an per square foot average sale price of $240.00. The average sale price to list price was 97% and the average days on market was 56.
The least expensive condo that is currently listed for sale (1 Bedroom / 1 Bath / 602 square foot condo in The Ridge) is listed for $176,000 and the most expensive condo (1+1 Bedroom / 3 Bath / 1,530 square foot Condo in Nottingham) is listed for $625,000.
The least expensive condo that sold last week in Sherwood Park during the month of August (2 Bedroom / 1 Bath / 828 square foot in Woodbridge Farms) was listed for $179,000 and the most expensive condo that sold last week in Sherwood Park (1+1 Bedroom / 3 Bath / 1,204 square foot in The Ridge) was listed for $419,000.
This means that there were a total of 79 condo listings and 26 condo sales in Sherwood Park, Alberta during the month of August for a absorption rate of 3.038 months. This means that if not another home comes on market (which isn't very likely) in Sherwood Park there is more than a 3 months supply of condos on the market.
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There were 73 home sales in Sherwood Park during the month of August with 260 homes on the market. The Average home listed had 3 bedroom, 2 bath that was under 1,700. The average list price was $487,132 with a per square foot average list price of $292.08. The average sale price for a home in Sherwood Park was $428,339 with an per square foot average sale price of $265.39. The average sale price to list price was 97% and the average days on market was 32.
The least expensive home that is currently listed for sale in Sherwood Park (0+3 Bedroom / 2 Bath / 678 square foot in Broadmoor) is listed for $234,900 and the most expensive home in Sherwood Park (1+2 Bedroom / 3 Bath 1,991 square foot in Estates of Sherwood Park) is Listed for $1,199,000.
The least expensive home that sold in Sherwood Park during the month of August (2+2Bedroom / 2 Bath / 1,044 square foot in Glen Allan) was listed for $284,900 and the most expensive home that sold in Sherwood Park in August (4 Bedroom / 4 Bath / 3,713 square foot in Estates of Sherwood Park) was listed for $1,189,702.
This means that there were a total of 260 listings and 73 single family home sales in Sherwood Park, Alberta during the month of August for a absorption rate of 3.561 months. This means that if not another home comes on market (which isn't very likely) there is over a 3 ½ months supply of homes on the market.
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