Sherwood Park Acreage Market Report - February 2012
In general, the Sherwood Park acreage market is picking up. The average sold price is up from $560,000 in January to $602,000 in February. 22 properties sold in February versus 16 in January. The number of days on market has also dropped. As spring approaches, the number of acreages on the market have increased with 180 properties currently on the market in Strathcona County.
February 1, 2012 - February 29, 2012
Average Sold Price: $602,536
Number of Acreages Sold: 22
Range of Prices: $259,900 - $1,045,000
Average Days On Market (DOM) of Sold Units: 70
Average Sale Price per square feet: $341.73
Average Sold Price February 2011: $528,592
Average DOM Jan 2011 64
As of March 22, 2012
Average List Price (Active Listings): $770,967
Number of Acreages on the Market: 180
For more information on Sherwood Park acreages, contact me at:
Ralph Henze
RE/MAX Advantage
Cell: 780-918-7885
Office: 780-464-4100
email: ralphhenze@gmail.com