Meadowood Housing Market is Thriving

There were 70 active home listings in Winnipeg MLS areas 2C, 2D, 2E, 2F in March 2017 as compared to 74 listings in March 2016, and the average days required to sell a home dropped from 25.25 last March to 13.25 days in March 2017.

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Home sales numbers also dropped from 64 to 58 in St. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing and Southglen from March 2016 to March 2017, but the average home sale price rose from $334,275 to $341,186.

The highest price paid for a home in MLS areas 2C, 2D, 2E and 2F in March 2017 was $640,000 for a home on Victoria Crescent. The lowest price paid was $140,000 for a home on Dakota Street.

Total Active listings Month of March 2017: 70
Total Active Listings Month of March 2016: 74

Total Homes sold Month of March 2017: 58
Total Homes sold Month of March 2016: 64

Sales to Listing Ratio March 2017: 96.50%
Sales to Listing Ratio March 2016: 79.75%

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. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing, Southglen 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: 13.25
Average days to sell a home March 2016: 25.25

Average sale price Month of March 2017: $341,186
Average sale price Month of March 2016: $334,275

Lowest sale price Month of March 2017: $140,000 Dakota Street
Highest sale price Month of March 2017: $640,000 Victoria Crescent

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!