The Lago Lindo real estate sale price per square foot has slipped below the Edmonton average for the first time since the 2nd quarter of 2011. The Lago Lindo area almost reached $300 per square foot in the 2nd quarter of 2012, that is the highest level for Lago Lindo since 2009. Lago Lindo traditionally has been selling in the $270's per square foot range, and I expect Lago Lindo to regain that level as we move towards the end of 2012. The highest sale price for a home in Lago Lindo this year has been $471,000. The lowest sale price for a house in Lago Lindo was $230,000 this year. The average time to sell a house in Lago Lindo in 2012 is 39 days. That is roughly a week quicker than the Edmonton average days on market of 45.
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