Real estate transactions remain constant from 2016 to 2017 in St. Vital, Meadowood

Real estate changes were only slight from 2016 to 2017 in the Winnipeg neighbourhoods of St. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing and South Glen, with total homes sold down slightly and average home sale price up slightly.

Total active MLS listings at year end were down from 910 in 2016 to 881 in 2017 in Winnipeg MLS areas 2C, 2D, 2E and 2F, but total home sales were down only slightly from 734 to 729. The sales-to-listing ratio stayed relatively constant, moving only half a percent from 83.5 percent in 2016 to 83 percent in 2017.

– Overextended on your credit? –
Simple tips on what to do and what not to do.
Visit Winnipeg Mortgage today!

The average home sale price in St. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing and South Glen was up slightly in from $324,241 in 2016 to $330,385 in 2017.

The highest priced home sold in these neighbourhoods in 2017 was located on Salme Drive and closed at $1,295,000. The lowest price paid for a home in these neighbourhoods in 2017 was $129,500 for a home on Oustic Avenue.

Total active listings year end December 2017: 881
Total active listings year end December 2016: 910

Total homes sold for the year of 2017: 729
Total homes sold for the year of 2016: 734

Sales to listing ratio 2017: 83%
Sales to listing ratio 2016: 83.5%

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 St. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing, Southglen 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 2017: 18.75
Average days to sell a home 2016: 20.75

Average sale price year end 2017: $330,385
Average sale price year end 2016: $324,241

Lowest sale price for the year 2017: $129,500 Oustic Avenue
Highest sale price for the year 2017: $1,295,000 Salme 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!