Home prices way up in Windsor Park, Southdale, Island Lakes, Southland Park and Sage Creek

Home prices were way up in the Winnipeg neighbourhoods of Windsor Park, Southdale, Island Lakes, Southland Park and Sage Creek for October 2016 when compared to October 2015. The average home sale price in these neighbourhoods, which includes homes sold in Winnipeg MLS Areas 2G, 2H, 2J and 2K, was $378,537.75 this year compared to $296,955.00 in the same month last year.

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There were more active listings in these neighbourhoods in October 2016, with 88 homes listed compared to 76 in the same month last year, but sales were down from 41 to 36 on the year to year comparison. The average days required to sell a home was also down quite a bit from 42.25 in October 2015 compared to 30.5 in October 2016.

The sales topper among homes sold in October 2016 in the neighbourhoods of Windsor Park, Southdale, Island Lakes, Southland Park and Sage Creek went to a home on Bow Water Drive, which sold for $619,000. The lowest price paid in these neighbourhoods was $205,000 for a home on Barberry Road.

Active listings October 2016: 74
Active Listings October 2015: 108

Active listings October 2016: 88
Active Listings October 2015: 76

Sales to Listing Ratio 2016: 61%
Sales to Listing Ratio 2015: 62.25%

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 allow 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 Windsor Park, Southdale, Island Lakes, Southland Park, Sage Creek or any other Winnipeg neighbourhood, please Contact Us or Call (204) 792-6453. We track the market closely and so can you with Winnipeg Market Tracker.

Average days to sell a home October 2016: 30.5
Average days to sell a home October 2015: 42.25

Average sale price October 2016: $378,537.75
Average sale price October 2015: $296,955.00

Lowest sale price for the month of October 2016: $205,000 Barberry Road
Highest sale price for the month of October 2016: $619000 Bow Water Drive

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