Listings and sale prices up while sales down in River Heights, Winnipeg

MLS listings and sale prices went up while sales went down in the month of January 2019 in the Winnipeg neighbourhood of River Heights.

The average selling price of homes went up approximately 32.3% with the average being $472,097 compared to $319,780 in January 2018. On average a residence took 20 days less to sell in January 2019 as compared to 33 days in January 2018.

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There were 7 active listings in Winnipeg MLS area 1D at the end of January 2019 as compared to 3 at the end of January 2019, and 4 homes sold in January 2019 as compared to 5 in 2018. The sales-to-listing ratio was 57% in January 2019 compared to 167% in January 2018.

The highest price paid in January 2019 for a home in the neighbourhood of River Heights was $700,888 for a home on Campbell Street. The lowest sale price belonged to a home on Cordova Street, which closed at $290,000.

Total active listings January 2019: 7
Total active listings January 2019: 3

Total homes sold January 2019: 4
Total homes sold January 2018: 5

Sales to listing ratio January 2019: 57%
Sales to listing ratio January 2018: 167%

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 River Heights.  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 January 2019: 11
Average days to sell a home January 2018: 33

Average sale price January 2019: $472,092
Average sale price January 2018: $319,780

Lowest sales price January 2019: $290,000 Cordova Street
Highest sales price January 2018: $700,888 Campbell Street

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!