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The average selling price of homes in Norwood went down approximately 10%, with the average being $327,971 in April 2023 compared to $365,388 in April 2022. On average a residence took 12 days to sell in April 2022 as compared to 21 days in April 2023.
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There were 30 active listings in MLS® area 2B, Norwood, at the end of April 2023 compared to 3 at the end of April 2022 and 6 homes sold in April 2022 compared to 18 in April 2023.
The sales-to-listing ratio was down to 57% in April 2023 compared to 267% in April 2022.
The highest price paid in April 2023 for a home in Norwood was $725,000 for a home on Ashdale Avenue
The lowest sale price belonged to a house on Prosper Street for $262,500
Total active listings April 2023: 30
Total active listings April 2022: 3
Total homes sold April 2023: 17
Total homes sold April 2022: 8
Sales to listing ratio April 2023: 57%
Sales to listing ratio April 2022: 267%
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 Market assessment of your home in Norwood…. Please Contact Us @ (204) 792-6453 as we track the market closely and you can too with Winnipeg Market Tracker.
Average days to sell a home April 2023: 21
Average days to sell a home April 2022: 12
Average sale price April 2023: $327,971
Average sale price April 2022: $365,388
Lowest sale price April 2023: $262,500
Highest sale price April 2023: $725,000
This information is courtesy of…
Michael Leclerc Royal LePage
Top Producers Winnipeg MB
Phone (204) 792-6453
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