Listings and sale prices up, sales down in Margaret Park, Winnipeg

MLS listings and sale prices went up while sales went down in the month of October 2018 in the Winnipeg neighbourhood of Margaret Park.

The average selling price of homes went up approximately 16% with the average being $252,919 compared to $212,288 in October 2017. On average a residence took 3 days less to sell in October 2018 as compared to 31 days in October 2017.

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There were 50 active listings in Winnipeg MLS area 4D at the end of October 2018 as compared to 35 at the end of October 2017, and 16 homes sold in October 2018 as compared to 21 in 2017. The sales-to-listing ratio was 32% in October 2018 compared to 60% in October 2017.

The highest price paid in October 2018 for a home in the neighbourhood of the Margaret Park was $300,500 for a home on Newton Avenue. The lowest sale price belonged to a home on Forrest Street, which closed at $157,500.

Total active listings October 2018: 50
Total active listings October 2017: 35

Total homes sold October 2018: 16
Total homes sold October 2017: 21

Sales to listing ratio October 2018: 32%
Sales to listing ratio October 2017: 60%

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 the Margaret 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 October 2018: 28
Average days to sell a home October 2017: 31

Average sale price October 2018: $252,919
Average sale price October 2017: $212,288

Lowest sales price October 2018: $157,500 Forrest Street
Highest sales price October 2018: $293,000 Magnus 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!