Home prices up in Winnipeg MLS areas 3K, 3L, 3M and 3N for November 2016

Everything but the average home sale price was down in Winnipeg MLS areas 3K, 3L, 3M and 3N in November 2016, when compared to the same month last year. The average sale price in Transcona, Kildonan Meadows, Kildonan Green, Lakeside Meadows, Mission Gardens and Canterbury Park came in at $289,346 for November 2016 as compared to $255,720 in November 2015.

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Active listings in the above neighbourhoods were down from 92 in November 2015 to 84 in November 2016, as were homes sold, which were down from 41 to 30. The average days required to sell a home also dropped from 32 in November 2015 to 30.66 in November 2016.

The highest price among homes sold in November 2016 in Transcona, Kildonan Meadows, Kildonan Green, Lakeside Meadows, Mission Gardens and Canterbury Park came in at $410,000 for a home on Edna Perry Way. The lowest price paid was for a home on Victoria Avenue W, which sold for $145,000.

Active listings November 2016: 84
Active Listings November 2015: 92

Homes sold for the month of November 2016: 30
Homes sold for the month of November 2015: 41

Sales to Listing Ratio 2016: 37.75%
Sales to Listing Ratio 2015: 53%

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 Transcona, Kildonan Meadows, Kildonan Green, Lakeside Meadows, Mission Gardens, Canterbury Park 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: 30.66
Average days to sell a home November 2015: 32

Average sale price November 2016: $289,346
Average sale price November 2015: $255,720

Lowest sale price for the month of November 2016: $145,000 Victoria Avenue W
Highest sale price for the month of November 2016: $410,000 Edna Perry Way

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