Terrace Real Estate — Key Facts
- Active listings: 37
- Median price: $395,000
- For sale: 15
- For rent: 5
- Price range: $1,565 – $919,900
- Active agents: 11
- Property types: Apartment, House, None, Penthouse, Residential Development
- Country: Canada
Real Estate in Terrace
Explore 37 property listings in Terrace, Canada. Median price: $395,000.Property types include Apartment, House, None, Penthouse.
Market Snapshot
37
Active Listings
$395,000
Median Price
15
For Sale
5
For Rent
Latest Properties in Terrace
Frequently Asked Questions
There are currently 37 active property listings in Terrace, Canada.
The median home price in Terrace is $395,000.
There are 5 rental properties available in Terrace.
Property types available in Terrace include Apartment, House, None, Penthouse, Residential Development.
Real Estate Terms — Terrace Buyers Should Know
- MLS (Multiple Listing Service)
- A database used by real estate brokers to share active property listings. Listings on Mirror Real Estate that include an MLS number are sourced from a regional MLS feed.
- Median price
- The middle price point in a city's active listings. Half the listings are priced above, half below. More representative than the average because it isn't skewed by a few very expensive or very cheap properties.
- Days on market (DOM)
- The number of days a property has been actively listed for sale. A low DOM typically indicates strong demand; a high DOM may indicate overpricing or weaker demand.
- Price per square foot
- Listing price divided by interior square footage. Useful for comparing properties of different sizes in the same neighborhood, though it ignores lot size, finish quality, and condition.
- Active listing
- A property currently for sale or rent and visible to buyers. On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.
- New construction
- A home that has been built recently and not previously occupied, or one being sold by the original builder. Often includes builder warranties and customization options.