Westwood, St. Charles, buck trend with over-list sales

19/34 homes sell for under list in Westwood, St. Charles, Crestview and Heritage Park, but 9/12 sell for over list in Westwood and St. Charles

Thirty-four homes sold in Westwood, St. Charles, Crestview and Heritage Park over the past month, and while the under-list trend continued, the real estate market did appear to be starting to balance itself.

Only three of the 12 homes that sold in Winnipeg MLS Area 5G sold for less than asking, while 16 of the 22 homes that sold in MLS Area 5H sold for under list. MLS Area 5G includes the neighbourhoods of Westwood and St. Charles. MLS Area 5H covers the neighbourhoods of Crestview and Heritage Park.

The average home sale price in Westwood and St. Charles over the past 30 days was $320,700, with the median price coming in at $302,450. The average sale price in Crestview and Heritage Park was $267,738, with the median sale price coming in at $265,000. Nine homes in Westwood and St. Charles sold for over list, with the highlight being a 1,232 square foot bungalow on Alcott Street that brought $20,100 above asking when it closed at $360,000. A 2,162 square foot 4-level split home on Scalena Place led the under-list sales when it brought $34,900 less than asking, closing at $290,000.

Two condos sold in St. Charles and Westwood over the past month and both brought less than their asking prices when they closed at $245,000 and $200,000. Two of the three condos that sold in Crestview and Heritage Park also brought less than asking when they closed at $139,000 and $135,000.

There are currently 34 homes for sale in Westwood, St. Charles, Crestview and Heritage Park. The average list price in Westwood and St. Charles is $294,573, with the median coming in at $304,900. Numbers are similar in Crestview and Heritage Park, with an average list price of $318,000 and a median price of $299,900. There are 16 condos for sale in Crestview and Heritage Park with an average list price of $194,638 and a median price of $199,925. There is a single condo for sale in the neighbourhoods of Westwood and St. Charles. List price on the loner is $404,145.

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 Evaluation for your home in Winnipeg MLS Areas 5G or 5H, please Contact Us or Call (204) 792-6453. We track the market closely and you can too with Winnipeg Market Tracker.

Winnipeg MLS Listings in Westwood, St. Charles, Crestview and Heritage Park:

• 275 Sansome Avenue $304,900
• 511 Kirkfield Street $279,900
• 132 Pinehurst Crescent $440,000
• 171 Carroll Road $339,900
• 271 Sansome Avenue $279,900
• 517 Banting Drive $139,900
• 3 Wordsworth Way $329,900
• #180 480 Augier Avenue $159,900
• 195 Whitegates Crescent $339,900
• 418 Golf Boulevard $279,900
• 70 Dickens Drive $369,900
• 5 Manitou Bay $359,900
• 102 Sansome Avenue $284,900
• 27 Erlandson Drive $369,900
• #148 480 Augier Avenue $139,900
• 119 Bernadine Crescent $240,000
• 169 Lake Ridge Road $199,900
• 711 Setter Street $469,900
• 168 Wharton Boulevard $329,900
• 90 Lumsden Avenue $262,000
• 137 Freemont Bay $299,900
• 911 Vimy Road $369,900
• 40 Deerhorn Lane $299,900
• 821 Stewart Street $249,900
• 32 Amarynth Crescent $379,900
• 921 Isbister Street $219,900
• 39 Arthur Creak Drive $379,900
• 159 Stradford Street $292,500
• 144 Risbey Crescent $269,900
• 281 Stradford Street $329,900
• 22 Valley View Drive $369,900
• 66 Optimist Way $389,000
• 187 Danbury Bay $299,900
• 14 Acheson Drive $389,900

Wondering what your home or condo is worth? Visit WinnipegHomeEvaluation.com or WinnipegCondoEvaluation.com for a complimentary market evaluation.