Home sales were down slightly in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo in August 2017 when compared to August 2016. There was a slight increase in Augusts active MLS listings compared to August 2016 as well as the average selling prices of homes in these Winnipeg neighbourhoods increased during the same period.
There were 31 homes sold in Winnipeg MLS 1C, 1D and 1E in August 2017 compared to 35 in the same month in 2016. Active listings were up from 47 in August 2016 to 50 in August 2017. The average days required to sell a home was also down from 36.67 days in August 2016 to 16.33 days in August 2017.
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The average home sale price in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo in August 2017 was $558,677 which was a decrease compared to the August 2016 average home sale price in these neighbourhoods of $476,582.
The highest price paid for a home in Winnipeg MLS areas 1C, 1D and 1E in June 2017 was $1,700,000 for a home on Park Boulevard E. The lowest price paid for a home in these neighbourhoods was $160,000 for a home on Beaverbrook Street.
Total Active listings August 2017: 50
Total Active Listings August 2016: 47
Total Homes sold August 2017: 31
Total Homes sold August 2016: 35
Sales to Listing Ratio August 2016: 87.66%
Sales to Listing Ratio August 2015: 81.00%
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 Armstrong’s Point, Crescentwood, River Heights North, Middle and South, Tuxedo 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 August 2017: 16.33
Average days to sell a home August 2016: 36.67
Average sale price August 2017: $558,677
Average sale price August 2016: $476,582
Lowest sale price for August 2017: $160,000 Beaverbrook Street
Highest sale price for August 2017: $1,700,000 Park Boulevard E.
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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