Click here for all Sakaw Homes for sale in Mill Woods Edmonton. The average sale price for a house in Sakaw so far in 2014 is sitting at $358,285. That is up from last year, in 2013 the average selling price for a single family detached home in Sakaw was $342,999. The highest price that a home sold for in Sakaw last year was $420,000, and the most affordable home in the neighbourhood sold for $295,000. The average time to sell a house in Sakaw in 2013 was 37 days. That is about a week faster than the Edmonton average days on market last year of 44 days. Since 2005, property values in Sakaw have appreciated by 86% up to 2013.
The Sakaw neighbourhood borders Meyokumin, a neighbourhood that has the 5th highest ranked elementary school in Edmonton. This is according to the Fraser Institute's ranking of schools in Alberta. This could explain part ot the strong price appreciation in the neighbourhood. The access to the Anthony Henday at the 50th street overpass is also a positive to facilitate commuting for residents.
In the duplex market, the average sale price for a duplex in Sakaw was $269,633 last year. The highest price that a duplex sold for was $272,000 and the average time it took for a duplex to sell was 41 days. Moving to the condo market, the average selling price for a condo in Sakaw in 2013 was $194,820. The highest price a condo sold for was $260,000 and the average time to sell a condo in Sakaw was 38 days. The condo complexes that had units sell in them include: Arbour Glen, Balmoral Lane, Springs Carrington, and Sunrise Village.