Sherwood Park Condo Market Report - January 2012

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

Sherwood Park Condo Market Report - January 2012


January 1, 2012 - January 31, 2012Palisades Condo Sherwood Park


Average Sold Price: $268,686

Number of Condos Sold: 11 

Range of Prices: $162,000 - $312,500

Average Days On Market (DOM) of Sold Units: 37

Average Sold Price Per Square Foot:   $229.03


Average Sold Price for January 2011:  $288,886

Average DOM for January 2011:  76


As of February 14, 2012


Average List Price (Active Listings): $305,119

Number of Condos on the Market: 65


Sherwood Park condo report

Sherwood Park Market Report

 

Currently, there are a total of 65 condos on the market in Sherwood Park.  The average sold price for January was $268,686 which is $20,000 less than last January’s average.  It took on average 37 days for a condo to sell in January.  Last month there were only 6 units sold so we are up slightly but it is still a relatively slow time for condo sales.  I expect prices to recover slightly into the spring as we get into the busier spring season.

If you need more information on the condo market 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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