Sales Increase in Southwest Winnipeg

Sales increase despite less Inventory

Sales on MLS in June were up 13%, even with a decrease of 17% in inventory on the MLS market compared to the same time last year. The average selling price of homes were down 3% with the average being $391,384 compared to  $403,376 in June 2015.   On average a residence took approximately 6 days less to sell compared to the average of 23 days in 2015.

Active listings, June 2016: 361

Active listings, June 2015: 434

New listings for the month of June 2016: 279

Homes sold for the month of June 2016: 270

Homes sold for the month of June 2015: 238

Sales to listing ratio, June 2016: 127%

Sales to listing ratio, June, 2015: 74%

It pays to know the average price of homes for sale in your neighbourhood, as well as that of homes that have sold, including both over-list and under-list sales. We track all Winnipeg neighbourhoods daily, which allows us to more accurately set list prices on the homes we sell, while also making intelligent offers. If you would like a Free Home Value Appraisal in Fort Rouge, Riverview, Lord Roberts, Crescentwood, Osborne Village, Armstrong’s Point, River Heights, Tuxedo, Assiniboine Woods, Charleswood, River West Park, Westdale, Fort Garry, Wildwood, University Heights, Waverley Heights, Linden Ridge, Linden Woods, Fort Whyte, Whyte Ridge, Grandmont Park, Richmond Lakes, St. Norbert, Fairfield Park, Bridgewater Forest, South Pointe, Assiniboine Landing, Breezy Bend, Headingley South,  and Marston Meadows     please Contact Us or Call (204) 792-6453. We track the market closely and you can too with Winnipeg Market Tracker.

Average days to sell a home, June 2016: 17

Average days to sell a home, June 2015: 23

Average sales price, June 2016: $391,384

Average sales price, June 2015: $403,376

Lowest sales price for the month: $150,000 Carter Avenue

Highest sales price for the month: $1,450,000 Chataway Blvd.

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