Year-end MLS listings were down in 2017 for the Winnipeg neighbourhoods of MLS areas Bourkevale, Bruce Park, Deer Lodge, St. James, Grace hospital, Silver Heights, Jameswood, Woodhaven, St Charles, Westwood, Crestview and Heritage Park. Home sales were down in 2017 compared to 2016.
The average selling price of homes went up appropriately 2.5% with the average being $288,398 compared to $281,182 in 2016. On average a residence took approximately 2 days less to sell compared to the average of 21.75 days in 2016.
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There were 799 active listings in Winnipeg MLS areas 5E,F,G and H at the end of December 2017 as compared to 910 at the end 2016, and 650 homes sold in 2017 as compared to 727 in 2016. The sales-to-listing ratio decreased from 82 percent in 2016 to 81.5 percent in 2017.
The highest price paid in 2017 for a home in the neighbourhoods of Bourkevale, Bruce Park, Deer Lodge, St. James, Grace hospital, Silver Heights, Jameswood, Woodhaven, St Charles, Westwood, Crestview and Heritage Park was $780,000 for a home on Assiniboine Avenue. The lowest sale price belonged to a home on Brooklyn Street, which closed at $95,000.
Total active listings Year End December 2017: 799
Total active listings Year End December 2016: 910
Total homes sold for the year of 2017: 650
Total homes sold for the year of 2016: 727
Sales to listing ratio 2017: 81.5%
Sales to listing ratio 2016: 82%
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 allows 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 Bourkevale, Bruce Park, Deer Lodge, St. James, Grace hospital, Silver Heights, Jameswood, Woodhaven, St Charles, Westwood, Crestview, Heritage Park. please Contact Us or Call (204) 792-6453. We track the market closely and you can too with Winnipeg Market Tracker.
Average days to sell a home 2017: 19
Average days to sell a home 2016: 21.75
Average sale price year end 2017: $288,398
Average sale price year end 2016: $281,182
Lowest sales price for the year 2017: $95,000 Brooklyn Street
Highest sales price for the year 2017: $780,000 Assiniboine 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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