Average home prices and sales were up in 2016 for the Winnipeg neighbourhoods of Devonshire Village, Kildonan Green, Kildonan Meadows, Lakeside Meadows, Mission Gardens, East, West & South Transcona, Canterbury Park, Crocus Meadows and Starlite Village. Year-end listings were also up.
There were 814 active listings in Winnipeg MLS areas 3K, 3L, 3M and 3N at the end of 2016 compared to 759 active listings at the end of 2015. There were also 546 home sales in the aforementioned neighbourhoods in 2016 as compared to 530 sales in 2015, and the average home sale price was up from $258,503 in 2015 to $279,303 in 2016. All good news for home sellers!
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The average days required to sell a home was up, but only slightly, from 23.75 days in 2015 to 24.5 days in 2016.
The top home sale price in Winnipeg MLS areas 3K, 3L, 3M and 3N in 2016 was $514,955 for a home on Angela Everts Drive. The lowest price belonged to a home on Madeline Street that closed at $104,900.
Total Active listings Year End December 2016: 814
Total Active Listings Year End December 2015: 759
Total Homes sold for the year of 2016: 546
Total Homes sold for the year of 2015: 530
Sales to Listing Ratio 2016: 70.75%
Sales to Listing Ratio 2015: 65.25%
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 Devonshire Village, Kildonan Green, Kildonan Meadows, Lakeside Meadows, Mission Gardens, East, West & South Transcona, Canterbury Park, Crocus Meadows, Starlite Village 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: 24.5
Average days to sell a home 2015: 23.75
Average sale price year end 2016: $279,303
Average sale price year end 2015: $258,503
Lowest sale price for the year 2016: $104,900 Madeline Street
Highest sale price for the year 2016: $514,955 Angela Everts Drive
Track the Winnipeg Real Estate Market!! Free Automated Email Service allows you to track the MLS market in real time. Follow the values in any neighborhood in Winnipeg. Find out what your neighbor’s house down the street sold for. Follow Winnipeg MLS listings in real time. Visit Winnipeg Market Tracker!
This information is courtesy of: The Michael Leclerc Home Selling TeamRoyal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453
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