Home sales and listings up in St. Boniface and Norwood, but prices down

Home sales and year-end listings were way up in 2016 for Winnipeg MLS areas 2A and 2B, which includes the neighbourhoods of St. Boniface, Norwood and Norwood Flats, but the average home sale price was down slightly.

There were 170 homes sold in St. Boniface, Norwood and Norwood Flats in 2016 compared to 135 home sales in 2015 and there were 326 total active listings at the end of 2016 as compared to 183 listings at the end of 2015. The average number of days on the market remained the same from 2015 to 2016 at 20.5 days.

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The average home sale price in Winnipeg MLS areas 2A and 2B was down from $263,259 in 2016 to $255,954 in 2015.

The lowest price paid for a home in these neighbourhoods in 2016 was $116,000 for a home on Dubuc Street and the highest price paid was $587,500 for a home on Gabrielle Roy Place.

Total Active listings Year End December 2016: 326
Total Active Listings Year End December 2015: 183

Total Homes sold for the year of 2016: 170
Total Homes sold for the year of 2015: 135

Sales to Listing Ratio 2016: 84.5%
Sales to Listing Ratio 2015: 70.50%

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 St. Boniface, Norwood, Norwood Flats 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 2016: 20.5
Average days to sell a home 2015: 20.5

Average sale price year end 2016: $255,954
Average sale price year end 2015: $263,259

Lowest sale price for the year 2016: $116,000 Dubuc Street
Highest sale price for the year 2016: $587,500 Gabrielle Roy Place

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