Summary of Sales Activity for Sherwood Park Acreages
October 1, 2011 - October 31, 2011
Average Sold Price: $575,500
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.
If you are interested in buying or selling a home in Sherwood Park, contact me at: