Sherwood Park Acreage Market Report
February 2013
February 1, 2013 – February 28, 2013
Average Sold Price: $819,000
Number of Acreages Sold: 12
Range of Prices: $400,000 – $2,360,000
Average Days On Market (DOM) of Sold Units: 78
February 2012
Average Sold Price February 2012: $602,536
Number of Acreages Sold February 2011: 22
Average DOM February 2011: 70
As of March 14, 2013
Average List Price (Active Listings): $862,634
Number of Acreages on the Market: 155
Search the MLS here for acreages available in Sherwood Park
Prices of Sherwood Park acreages took a bit of a jump in February. As the average is based only on 12 properties, it is difficult to make any assumptions as to what that says about the market. Most new properties being built lately are higher priced which is also starting to influence average sale price. As a result, the lower priced acreages are becoming harder to find, often further from town.
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
email: ralphhenze@gmail.com
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