Listings and sale prices up, sales down in Valley Gardens, Winnipeg

MLS listings and sale prices went up while sales went down in the month of August 2018 for the Winnipeg neighbourhood of MLS area Valley Gardens.

The average selling price of homes went up approximately 8.5% with the average being $341,740 compared to $312,500 in August 2017. On average a residence took 3 days more to sell in August 2018 as compared to 13 days in August 2017.

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There were 13 active listings in Winnipeg MLS area 3E at the end of August 2018 as compared to 4 at the end of August 2017, and 7 homes sold in August 2018 as compared to 10 in 2017. The sales-to-listing ratio was 250% in August 2018 compared to 54% in August 2017.

The highest price paid in August 2018 for a home in the neighbourhood of Valley Gardens was $453,000 for a home on Deering Close. The lowest sale price belonged to a home on London Street, which closed at $254,000.

Total active listings August 2018: 13
Total active listings August 2017: 4

Total homes sold August 2018: 10
Total homes sold August 2017: 8

Sales to listing ratio August 2018: 71%
Sales to listing ratio August 2017: 38%

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 Valley Gardens.  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 August 2018: 16
Average days to sell a home August 2017: 13

Average sale price August 2018: $341,740
Average sale price August 2017: $312,500

Lowest sales price August 2018: $254,000 London Street
Highest sales price August 2018: $453,000 Deering Close

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!