The Schonsee home sale price per square foot jumped up this month. That is only based on one sale and it was a bungalow style, those two factors can skew the average. The average will likely fall as more homes sell, in particular 2 storys in Schonsee. The overall average sale price per square foot in Shonsee has been drifting lower since 2009. The reason for this is the proportion of the sales in Schonsee that are two story style versus bilevel or bungalow style. There has been more and more two story style homes selling as a percentage then bungalows and bilevels. For example in 2009, 50% of the sales in Schonsee were bilevels (which sell for much more per square foot), in 2012 only 8% of the sales were bilevels. The highest sale price for a home in Schonsee in 2012 was $680,000. The most affordable home sold for $353,500. The average time to sell a home in Schonsee in the last 90 days has been 68 days, that is 10 days slower than the Edmonton average days on market of 58 days in the same time frame.
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Find more MLS® sales information, including graphs, on Schonsee real estate and other Northeast Edmonton neighbourhoods here