Market Analysis for Sherwood Park Acreages - October 2011

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

Sherwood Park acreages

Summary of Sales Activity for Sherwood Park Acreages

October 2011

October 1, 2011 - October 31, 2011


Average Sold Price: $575,500Sherwood Park acreages for sale

Number of Acreages Sold: 15

Range of Prices: $160,000 - $1,625,000

Average Days On Market (DOM) of Sold Units: 73

 YTD Average Sold Price: $582,493

     (January 1, 2011 - October 31, 2011)


As of November 22, 2011

Average List Price (Active Listings): $727,918

Number of Acreages on the Market: 173


Is it a good time to buy an acreage?

Depends, prices are always better in the fall or winter but it is a more difficult time to move.  It is also a little harder to see what you are buying because of the snow cover and the lack of foliage.  You may be able to negotiate a great deal though, as long as you can accept that you can not see everything.


Deer on Acreage

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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