Elbow Park Detached Market Update – November 15, 2025
Market Highlights (as of November 15, 2025)
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Average Sold Price: Over the past 12 months, detached homes in Elbow Park have achieved an average sold price of about $2,158,951.
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Average Days on Market: The average listing timeframe over the period was around 39.2 days, which reflects a mid-range listing timeframe that aligns with a steadily functioning market.
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Odds of Selling: Combining completed sales and current pendings, the success rate for a detached listing in Elbow Park over this window comes in at roughly 75%, based on 45 sold, 0 pending, and 15 that did not sell.
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Monthly Selling Rate: A total of 45 sales over the past year translates into a monthly selling rate of roughly 3.8 detached sales per month in Elbow Park.
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Months of Inventory: With 10 active listings at the time of this snapshot and the current selling rate, months of inventory sits near 2.7 months, indicating that inventory sits in a mid-range band, with enough choice for buyers but no severe oversupply signal.
Time to Sell
The Time to Sell chart plots individual detached sales in Elbow Park by days on market and sold price over the past 12 months, from 2024-11-15 to 2025-11-15. Each point represents one sold listing, with days on market on the horizontal axis and sold price on the vertical axis, plus reference lines showing the average sold price and a typical listing timeframe for this segment.
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In the last 12 months, most detached listings have needed about 39.2 days on average to go firm. That figure offers a realistic sense of how long the process typically takes.
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Sales that completed in less than about 5 days sit on the faster side of the chart and often reflect well-prepared listings that were aligned with recent pricing, while sales that took longer than roughly 48 days illustrate cases where extra time was needed before the right buyer and price match came together.
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Across this period, the average sold price for detached homes in Elbow Park has been near $2,158,951, and points that sit well to the right of the typical days-on-market line highlight situations where pricing, condition, or more specialized features required additional exposure before a firm sale.
Odds of Selling
The Odds of Selling chart summarizes how many detached listings in Elbow Park have sold, how many are still on the market, and how many were removed without a completed sale over the past 12 months, from 2024-11-15 to 2025-11-15. It also rolls those counts into an overall estimate of the percentage of listings that ultimately reach a firm sale.
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Odds of Selling: Over this 12-month window, 45 detached listings in Elbow Park sold and 0 are still working toward a firm sale, while 10 remain active and 15 came off the market without selling. Taken together, that works out to an overall success rate of roughly 75% for this segment.
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Monthly Selling Rate: Based on those results, the segment has been averaging about 3.8 detached sales per month, which gives a feel for how many homes are actually changing hands in a typical month.
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With around 2.7 months of inventory derived from 10 active listings and the recent selling rate, inventory sits in a mid-range band, with enough choice for buyers but no severe oversupply signal
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In this context, “not sold” captures listings that were terminated, expired, or withdrawn without reaching a firm sale, which helps distinguish between properties that successfully completed the moving process and those that left the market for other reasons.
Buying Pattern
The Buying Pattern chart shows how many detached sales in Elbow Park were completed in each of the last 12 months, including 11 full months plus the current month-to-date, so you can see how activity has moved through the year between 2024-11-15 and 2025-11-15.
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The busiest months for closed detached sales over this period were May 2025, where the bar heights sit at the top of the chart for this 12-month window.
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On the quieter side, months such as Dec 2024 and Nov 2025 sit closer to the bottom of the chart, illustrating periods where fewer detached sales were recorded.
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Across the 12-month window, monthly closed sales ranged from about 1 to 9 deals, for a total of 44 completed sales. That lines up with the monthly selling rate of roughly 3.8 sales per month shown in the broader odds-of-selling view.
Price vs. Square Footage
The Price vs. Square Footage chart focuses on the last three months of detached sales in Elbow Park, plotting each sale by interior size on the horizontal axis and sold price on the vertical axis. A trend line is overlaid to summarize how sale prices have tended to move as square footage changes in this recent sample.
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Recent closed detached sales in this view span from around 1,582 sq. ft. through to roughly 4,346.8 sq. ft., and within that range the trend line suggests a fairly strong relationship where higher square footage has recently been associated with higher sale prices.
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The chart highlights a typical size range where many detached homes have changed hands recently, and within that range you can see how prices step up as square footage increases. This reading comes from around 13 sales over the most recent quarter.
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Taken together with the average sold price of roughly $2,158,951 over the full 12-month window, the chart can be used as a directional guide: you can locate a home's square footage on the horizontal axis, follow it up toward the trend line, and get a sense of where similar recent sales have been concentrating on the price scale.
Key Takeaways
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Market tilt: Inventory has been running at about 2.7 months, which places the detached segment in Elbow Park in a seller-leaning conditions position. That context matters when deciding how assertive to be on list price and how flexible to be during negotiations.
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Time to sell: The typical detached listing in Elbow Park has taken around 18 days to firm up, which means the selling process has been progressing at a mid-range pace that feels typical for this type of home; for planning purposes it is wise to allow for some variability around that median.
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Size and pricing: Within the recent three-month sample, detached sales from roughly 1,582 to 4,346.8 sq. ft. show a fairly strong relationship where higher square footage has recently been associated with higher sale prices. When estimating value for a specific home, it helps to pair that chart with the most similar recent comparables in terms of size, features, and condition.
Considering a Move?
If you’re weighing your options in Elbow Park and want a practical read on where the detached market stands, I can help you map out the smartest path forward.
Buying: I’ll help you isolate the best fits, interpret what the data really means, and negotiate from a position of strength in Elbow Park.
Selling: I’ll help you time the market effectively, leverage the right comparables, and create a presentation that pulls buyers toward your listing in Elbow Park.
Want a focused, numbers-first roadmap for your next step?
Let’s talk.
