Fort Rouge Home Prices Up in July 2017

Home sales in the Winnipeg neighbourhoods of Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts, Osborne Village and Riverview were down in July 2017 as compared to July 2016, and the number of days required to sell a home in these neighbourhoods increased during the same period.

It took an average of 15.5 days to sell a home in Winnipeg MLS areas 1A, 1Aw, 1B and 1Bw in July 2016. That number increased to 17.5 days in July 2017. Home sales decreased from 34 in July 2016 to 21 in July 2017.

Total active listings in Corydon, Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts and Osborne Village were down in July 2017 to 19, compared to 35 in July 2016. Average home selling prices in these neighbourhoods increased from $260,236 in 2016 to $277,679 in 2017 during this period.

The lowest home sale price for July 2017 came in at $157,400 for a home on Garfield Avenue while the highest price paid was for a home on Hector Avenue that changed hands for $430,000.

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Total Active listings July 2017: 19
Total Active Listings July 2016: 35

Total Homes sold July 2017: 21
Total Homes sold July 2016: 34

Sales to Listing Ratio July 2017: 120.75%
Sales to Listing Ratio July 2016: 112.25%

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 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 July 2017: 17.5
Average days to sell a home July 2016: 15.5

Average sale price July 2017: $277,679
Average sale price July 2016: $260,236

Lowest sale price month of July 2017: $157,400 Garwood Avenue
Highest sale price for month of July 2017: $430,000 Hector Avenue

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