Market Report for Single Family Homes in Sherwood Park
February 1, 2012 - February 29, 2012
Average Sold Price: $414,271
Number of Single Family Homes Sold: 73
Range of Prices: $251,000 - $778,000
Average Days on Market (DOM) of Sold Units: 42
Average Sold Price Per Square Foot: $265.72
Average Sold Price for February 2011: $404,843
Average DOM for February 2011: 43
As of March 22, 2012
Average List Price (Active Listings): $493,580
Number of Single Family Homes on the Market: 235
The average sale price is actually down 1% from January but the number of homes sold is up from 56 to 73 during February. Days on market is relatively unchanged, but compared to last year this time, prices are up 2% – 3%. Activity for Sherwood Park real estate is picking up and I expect prices to begin to rise slowly as we move into the busy spring season.
For more information on the real estate market in Sherwood Park, contact me at:
Ralph Henze
RE/MAX Advantage
Cell: 780-918-7885
Office: 780-464-4100
email: ralphhenze@gmail.com
