Listings and sale prices up, sales stay the same in Royalwood

MLS listings and sale prices went up while sales stayed the same in the month of March 2018 for the Winnipeg neighbourhood of MLS area Royalwood.

The average selling price of homes went up approximately 10.45% with the average being $428,589 compared to $383,790 in March 2017. On average a residence took 5 days less to sell compared to the average of 17 days in March 2017.

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There were 39 active listings in Winnipeg MLS area 2J at the end of March 2018 as compared to 11 at the end of March 2017, and 10 homes sold in March 2018 as compared to 10 in 2017. The sales-to-listing ratio decreased from 91 percent in March 2017 to 26 percent in March 2018.

The highest price paid in March 2018 for a home in the neighbourhood of Royalwood was $529,900 for a home on Bonaventure Drive W. The lowest sale price belonged to a home on Smugglers Cove, which closed at $305,500.

Total active listings March 2018: 39
Total active listings March 2017: 11

Total homes sold March 2018: 10
Total homes sold March 2017: 10

Sales to listing ratio March 2018: 26%
Sales to listing ratio March 2017: 91%

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 Royalwood.  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 March 2018: 12
Average days to sell a home March 2017: 17

Average sale price March 2018: $428,589
Average sale price March 2017: $383,790

Lowest sales price March 2018: $305,500 Smugglers Cove
Highest sales price March 2018: $529,900 Bonaventure Drive W

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