Sherwood Park Acreage Market Report - March 2012

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

Sherwood Park Acreage Market Report

March 2012

Sherwood Park Acreage For Sale

Spring is underway and so is the Sherwood Park acreage market.  Although the average sold price for March is slightly less than is was in February, the time it took to sell an acreage or days on market (DOM) dropped quite a bit, down from 70 days to 57 days in March.   As we are still recovering from a slow winter, the average sold price is lower than a year ago. We should see more acreages selling in April through June/July with prices expected to rise as demand increases.


March 1, 2012 – March 31, 2012


Average Sold Price: $533,895

Number of Acreages Sold: 19

Range of Prices: $255,000 – $1,000,000

Average Days On Market (DOM) of Sold Units: 57

Average Sale Price per square feet:  $308.32

Year To Date Average Sale Price:  $567,487


March 2011

Average Sold Price March 2011:  $554,840

Number of Acreages Sold March 2011:  25

Average DOM March 2011:   49



As of April 2, 2012


Average List Price (Active Listings): $776,221       

Number of Acreages on the Market: 180        


For more information on the Sherwood Park acreage market, contact me at:

Ralph Henze

RE/MAX Advantage

Cell:  780-918-7885

Office:  780-464-4100






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Comments (1)

Peg Barcelo
Fluff My House! Home Staging Inc. 250.486.6369 - Summerland, BC
The FlufftasticStager from Summerland, BC

Jan, I heard on the radio that Strathcona County is in the top 3 places to raise a family in Canada! Yay!

Apr 03, 2012 09:35 PM