The number of days to sell a home was down while home sales were up in May 2017 as compared to the same month last year in Winnipeg MLS areas 2G,2H,2J and 2K, which includes the neighbourhoods of Island Lakes, Sage Creek, Southdale, Southland Park, Windsor Park.
There were 83 homes sold in the above neighbourhoods in May 2017 as compared to 51 sold in the same month last year. It took less time to sell a home in Winnipeg MLS areas 2G, 2H, 2J and 2K in May 2017. Average days on market in May 2017 was 15.75, down from the 21.75 days required to sell a home in May 2016.
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The average home sale prices were down slightly in Island Lakes, Sage Creek, Southdale, Southland Park, and Windsor Park for May 2017, coming in at $388,031 as compared to $392,243 in the same month last year. Listings on the Winnipeg MLS market in 2G, 2H, 2J and 2K were up in May 2017 from the 112 homes available in 2016.
The highest price paid for a home in Winnipeg MLS areas 2A and 2B in May 2017 was $625,000 for a home on Red Lily Drive, while the lowest price came in at $227,000 for a home on Elizabeth Road .
Total Active Listings Month of May 2017: 121
Total Active Listings Month of May 2016: 112
Total Homes sold Month of May 2017: 83
Total Homes sold Month of May 2016: 51
Sales to Listing Ratio May 2017: 85.50%
Sales to Listing Ratio May 2016: 62.25%
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 yo u would like a Free Home Value Appraisal in Island Lakes, Sage Creek, Southdale, Southland Park, Windsor Park 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 May 2017: 15.75
Average days to sell May 2016: 21.75
Average sale price Month of May 2017: $388,031
Average sale price Month of May 2016: $392,243
Lowest sale price for Month of May 2017: $227,000 Elizabeth Road
Highest sale price for Month of May 2017: $625,000 Red Lily Road
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)
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