Listings and sales down, sale prices up in Bourkevale

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

The average selling price of homes went up approximately 15.7% with the average being $264,977 compared to $223,158 in May 2017. On average a residence took 2 days less to sell compared to the average of 19 days in May 2017.

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There were 31 active listings in Winnipeg MLS area 5E at the end of May 2018 as compared to 32 at the end of May 2017, and 22 homes sold in May 2018 as compared to 31 in 2017. The sales-to-listing ratio decreased from 91% in May 2017 to 71% in May 2018.

The highest price paid in May 2018 for a home in the neighbourhood of Bourkevale was $425,000 for a home on Duffield Street. The lowest sale price belonged to a home on King Edward Street, which closed at $129,000.

Total active listings May 2018: 31
Total active listings May 2017: 32

Total homes sold May 2018: 22
Total homes sold May 2017: 31

Sales to listing ratio May 2018: 71%
Sales to listing ratio May 2017: 31%

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 Bourkevale.  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 May 2018: 17
Average days to sell a home April 2017: 19

Average sale price May 2018: $264,977
Average sale price May 2017: $223,158

Lowest sales price May 2018: $129,000 King Edward Street
Highest sales price May 2018: $425,000 Duffield Street

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