Sherwood Park Condo Market Report - February 2012

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

 

Sherwood Park Condo Market Report - February 2012


February 1, 2012 - February 29, 2012Palisades Condo Sherwood Park


Average Sold Price: $299,985

Number of Condos Sold: 9

Range of Prices: $225,000 - $390,000

Average Days On Market (DOM) of Sold Units: 42

Average Sold Price Per Square Foot:   $249.94

 

Average Sold Price for February 2011:  $273,321

Average DOM for February 2011:  43

 

As of March 22, 2012


Average List Price (Active Listings): $306,730

Number of Condos on the Market: 74

 

 Sherwood Park condo average sale prices

Sherwood Park condo average sale prices

Prices have gone up with the average February sold price of approx. $300,000 versus January's average of $269,000.  This is the normal for February as real estate activity in January is generally light.  If you look at last February though, we are up almost 10%.  There were only 11 condos sold this February, so activity is still relatively light.

There are currently 74 condos on the market versus 65 this time last month with the average list price remaining relatively unchanged.  I expect activity and prices to continue to increase slightly as we get into the spring market for Sherwood Park real estate.  

 

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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Rainer
95,298
Linda Holloway
Keller Williams Realty Tampa Central - Tampa, FL
REALTOR®, Your Next Home in Tampa Bay Starts Here!

Hi again!  I enjoy reading your market reports.  They are so detailed and have great information!  I hope you sell many houses and condos this spring!

Mar 23, 2012 11:53 PM #1
Rainmaker
115,169
Ralph & Janet Henze
Ralph Henze Homes - RE/MAX Elite - Sherwood Park, AB

Thanks Linda, hope you do to! Have a great weekend.

Jan

Mar 24, 2012 12:03 PM #2
Rainer
95,298
Linda Holloway
Keller Williams Realty Tampa Central - Tampa, FL
REALTOR®, Your Next Home in Tampa Bay Starts Here!

Hi Jan, Thank you!  I hope you and Ralph have a wonderful week!

Mar 25, 2012 11:01 PM #3
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