Home prices up in Elmwood, East Elmwood, East Kildonan, Rossmere and Fraser’s Grove

Listings and sales were down for the month of November compared to the same month last year in Winnipeg MLS areas 3A, 3B, 3C and 3D, which includes the neighbourhoods of Elmwood, East Elmwood, East Kildonan, Rossmere, Fraser’s Grove.

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There were 69 active listings in Elmwood, East Elmwood, East Kildonan, Rossmere, Fraser’s Grove in November 2016 as compared to 74 in November 2015. There were 31 homes sold in Winnipeg MLS areas 3A, 3B, 3C and 3D in November 2016 as compared to 42 in November 2015.

The average number of days required to sell a home in November 2016 remained relatively constant at 24.5 days compared to 26 days for the same month last year.

The average home sale price was up in in the above Winnipeg neighbourhoods for November 2016, coming in at $230,949.75 compared to $205,024.25 in November 2015.

The highest home sale price in November 2016 was $375,000 for a home on Clause Bay. The lowest price paid in November was $125,000 for a home on Ottawa Avenue

Active listings November 2016: 69
Active Listings November 2015: 74

Homes sold for the month of November 2016: 31
Homes sold for the month of November 2015: 42

Sales to Listing Ratio 2016: 72.25%
Sales to Listing Ratio 2015: 63.5%

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 Elmwood, East Elmwood, East Kildonan, Rossmere, Fraser’s Grove 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 November 2016: 24.5
Average days to sell a home November 2015: 26

Average sale price November 2016: $230,949.75
Average sale price November 2015: $205,024.25

Lowest sale price for the month of November 2016: $125,000 Ottawa Avenue
Highest sale price for the month of November 2016: $375,000 Clause Bay

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