Market Report for Sherwood Park Single Family Homes - October 2011

Real Estate Agent with Ralph Henze Homes - RE/MAX Elite

Sherwood Park Festival place

Summary of Sales Activity for Single Family Homes in Sherwood Park

October 2011

October 1, 2011 - October 31, 2011


Average Sold Price: $378,784Sherwood Park homes for Sale

Number of Single Family Homes Sold: 64

Range of Prices: $226,500 - $735,000

Average Days On Market (DOM) of Sold Units: 45

YTD Average Sold Price: $411,668

     (January 1, 2011 - October 31, 2011)


As of November 22, 2011

Average List Price (Active Listings): $470,620

Number of Single Family Homes on the Market: 241


 Year to Date (YTD) Summary:

Sherwood Park homes market analysis


Most realtors report that activity is quite light, buyers are more scarce and prices have gone down over the last few months.  Homes under $400,000 are selling quite well, as they seem to always do.  Above $400,000 is slower but that also reflects the season, as more of the larger family homes sell in the spring than in the fall. This also changes the numbers a bit.  All that being said, if you are in the market, the prices are great, rates are low and there is some good inventory to choose from, so yes it is a good time to buy!


 Sherwood Park homes for sale


If you are interested in buying or selling a home in Sherwood Park, contact me at:

Ralph Henze

RE/MAX Advantage

Cell:  780-918-7885

Office:  780-464-4100



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