Home Prices Increase in Crescentwood

The average home sale price was up in March 2017 in the Winnipeg neighbourhoods of  Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts, Osborne Village and Riverview as compared to March 2016, and the number of days required to sell a home in these neighbourhoods increased as well.

It took an average of 12.75 days to sell a home in Winnipeg MLS areas 1A, 1Aw, 1B and 1Bw in March 2016. That number increased to 18.75 days in March 2017. The average home sale price rose from $254,355 in March 2016 to $278,796 in March 2017.

Total active listings in Corydon, Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts and Osborne Village were down in March  2017 to 11, compared to 22 in March 2016. Total sales in these neighbourhoods decreased from 25 homes sold in 2016 to 20 in 2017 homes during this period.

The lowest home sale price for March 2017 came in at $165,000 for a home on Garwood Avenue while the highest price paid was for a home on Grosvenor Avenue that changed hands for $402,500.

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Total Active listings March 2017: 11
Total Active Listings March 2016: 22

Total Homes sold March 2017: 20
Total Homes sold March 2016: 25

Sales to Listing Ratio 2017: 223%
Sales to Listing Ratio 2016: 123.25%

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 Algonquin Park, All Season Estates, Eaglemere, Harbour View South, North Kildonan, River East , Valley Gardens 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 March 2017: 18.75
Average days to sell a home March 2016: 12.75

Average sale price March 2017: $278,796
Average sale price March 2016: $254,355

Lowest sale price month of March 2017: $165,000 Garwood Avenue
Highest sale price for month of March 2017: $402,500 Grosvenor Avenue

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