The average home sale price was down in March 2017 in the Winnipeg neighbourhoods of East Elmwood, East Kildonan, Elmwood, Fraser’s Grove, and Rossmere as compared to March 2016, and the number of days to sell on MLS in these neighbourhoods decreased as well.
It took an average of 17.75 days to sell a home in Winnipeg MLS areas 3A, 3B, 3C and 3D which decreased compared to March 2016 at 21.0 days. The average home sale price decreased from $226,397 in February 2016 to $219,373 in March 2017.
Total active listings in East Elmwood, East Kildonan, Elmwood, Fraser’s Grove, and Rossmere were up in March 2017 to 67 compared to 60 in March 2016. Total sales in these neighbourhoods slightly increased with 44 homes changing hands in March 2017 compared to 42 during the same period in 2016.
The lowest home sale price for March 2017 came in at $80,000 for a home on Jamison Avenue while the highest price paid was for a home on that changed hands for $361,250 on Bredin Drive.
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Total Active listings March 2017: 67
Total Active Listings March 2016: 60
Total Homes sold March 2017: 44
Total Homes sold March 2016: 42
Sales to Listing Ratio March 2017: 66.50%
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 East Elmwood, East Kildonan, Elmwood, Fraser’s Grove, and Rossmere 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: 17.75
Average days to sell a home March 2016: 21.00
Average sale price March 2017: $219,373
Average sale price March 2016: $226,397
Lowest sale price month of March 2017: $80,000.00 Jamison Avenue
Highest sale price for month of March 2017: $361,250 Bredin 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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