Home sales and listings down in Tuxedo, River Heights, Crescentwood and Armstrong’s Point

Home sales and listings were down in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo in January 2017 when compared to January 2016, but the average home sale price was up.

There were 10 homes sold in Winnipeg MLS 1C, 1D and 1E in January 2017, only two less than in the same month in 2016, but active listings were down from 34 in January 2016 to 22 in January 2017. The average days required to sell a home was also down from 45 days in January 2016 to 22 days in January 2017.

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The average home sale price in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo in January 2017 was $770,370, which was quite an increase compared to the January 2016 average home sale price in these neighbourhoods of $508,420.

The highest price paid for a home in Winnipeg MLS areas 1C, 1D and 1E in January 2017 was $2,460,000 for a home on Handsart Boulevard. The lowest price paid for a home in these neighbourhoods was $199,900 for a home on Beaverbrook Street.

Total Active listings January 2017: 22
Total Active Listings January 2016: 34

Total Homes sold January 2017: 10
Total Homes sold January 2016: 12

Sales to Listing Ratio 2016: 45.33%
Sales to Listing Ratio 2015: 39.33%

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 Armstrong’s Point, Crescentwood, River Heights North, Middle and South, Tuxedo 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 January 2017: 22
Average days to sell a home January 2016: 45

Average sale price January 2017: $770,370
Average sale price January 2016: $508,420

Lowest sale price for January 2017: $199,900 Beaverbrook Street
Highest sale price for January 2017: $2,460,000 Handsart Boulevard

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