Market Analysis for Sherwood Park Condos - October 2011

By
Real Estate Agent with Ralph Henze Homes - RE/MAX Elite
https://activerain.com/droplet/nBY

Sherwood Park Festival place

Summary of Sales Activity for Condos in Sherwood Park

October 2011

October 1, 2011 - October 31, 2011

Sherwood Park condo - Grande Foxhaven

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, 2011Sherwood Park Condos for sale - Axxess

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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