Home Sells for $49,490 Over List Price

In January 2016  18% less homes were listed on the MLS Market compared to January 2015 in South East Winnipeg. Despite less inventory 21% more homes in comparison the same period last year, 89% of those homes sold for under list price. One home in Sage Creek changed hands for $61,500 under list price.

Active listings, January 2016: 174

Active listings, January 2015: 206

New listings for the month of January 2016: 96

Homes sold for the month of January 2016: 56

Homes sold for the month of January 2015: 46

Sales to listing ratio, January 2016: 41%

Sales to listing ratio, January 2015: 41%

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 St. Boniface, Norwood, Bright Oaks, Pulberry, St. Vital, Meadowood, River Park South, Dakota Crossing, South Glen, Windsor Park, Southdale, Island Lakes Royalwood and Sage Creek, 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 2016: 34

Average days to sell a home, January 2015: 33

Average sales price, January 2016: $312,522

Average sales price, January 2015: $332,768

Lowest sales price for the month: $170,000, Youville Street

Highest sales price for the month: $757,500, Palisade Cove

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!