MLS listings went down while sales stayed the same and sale prices went down in the month of August 2020 in the Winnipeg neighbourhood of Tuxedo.
The average selling price of homes went down approximately 13% with the average being $871,400 compared to $1,002,000 in August 2019. On average a residence took 2 days less to sell in August 2020 as compared to 27 days in August 2019.
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There were 21 active listings in Winnipeg MLS area 1E at the end of August 2020 as compared to 22 at the end of August 2019, and 5 homes sold in August 2020 compared to 5 as well in August 2019. The sales-to-listing ratio was 24% in August 2020 compared to 23% in August 2019.
The highest price paid in August 2020 for a home in the neighbourhood of Tuxedo was $1,360,000 for a home on Hopwood Drive. The lowest sale price belonged to a home on Grenfell Boulevard, which closed at $550,000.
Total active listings August 2020: 21
Total active listings August 2019: 22
Total homes sold August 2020: 5
Total homes sold August 2019: 5
Sales to listing ratio August 2020: 24%
Sales to listing ratio August 2019: 23%
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 Tuxedo. 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 August 2020: 25
Average days to sell a home August 2019: 27
Average sale price August 2020: $871,400
Average sale price August 2019: $1,002,000
Lowest sales price August 2020: $550,000 Grenfell Boulevard
Highest sales price August 2020: $1,360,000 Hopwood Drive
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!
This information is courtesy of: The Michael Leclerc Home Selling TeamRoyal LePage Top Producers
Winnipeg MB
Phone (204) 792-6453