Sherwood Park Real Estate Market Report
May 1, 2012 - May 31, 2012
Average Sold Price: $418,244
Number of Single Family Homes Sold: 119
Range of Prices: $268,600 - $1,029,500
Average Days on Market (DOM) of Sold Units: 37
May 2011
Average Sold Price for May 2011: $416,748
Average DOM for May 2011: 47
Number of Single Family Homes Sold: 118
Sherwood Park real estate market
as of May 8, 2012:
Average List Price (Active Listings): $494,148
Number of Single Family Homes on the Market: 267
Most single family homes that were sold in May were under $420,000, with those properties moving very quickly. Higher end homes are still moving more slowly, with a longer days on market (DOM) number. With the action seen during May, I expect prices to rise slightly as long as demand stays strong and interest rates remain low.
For more information on Sherwood Park real estate, contact me at:
Ralph Henze
RE/MAX Advantage
Cell: 780-918-7885
Office: 780-464-4100
email: ralphhenze@gmail.com
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