Home sales in the Winnipeg neighbourhoods of Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts, Osborne Village and Riverview were up in May 2017 as compared to May 2016, and the number of days required to sell a home in these neighbourhoods decreased during the same period.
It took an average of 12.25 days to sell a home in Winnipeg MLS areas 1A, 1Aw, 1B and 1Bw in May 2016. That number decreased to 9.5 days in May 2017. Home sales rose from 27 in May 2016 to 39 in May 2017.
Total active listings in Corydon, Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts and Osborne Village were down in May 2017 to 28, compared to 32 in May 2016. Average home selling prices in these neighbourhoods decreased from $268,083 in 2016 to $267,637 in 2017 during this period.
The lowest home sale price for May 2017 came in at $130,000 for a home on Nassau Street while the highest price paid was for a home on Bartlet Avenue that changed hands for $420,800.
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Total Active listings May 2017: 28
Total Active Listings May 2016: 32
Total Homes sold May 2017: 39
Total Homes sold May 2016: 27
Sales to Listing Ratio May 2017: 236.50%
Sales to Listing Ratio May 2016: 87.75%
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 Cresentwood, Fort Rouge, Fort Rouge West, Lord Roberts, Osborne Village and Riverview 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 May 2017: 9.50
Average days to sell a home May 2016: 12.25
Average sale price May 2017: $267,637
Average sale price May 2016: $268,083
Lowest sale price month of May 2017: $130,000 Nassau Street
Highest sale price for month of May 2017: $420,800 Bartlet Avenue
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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