MLS listings went down while sales and sale prices went up in the month of February 2018 for the Winnipeg neighbourhoods of MLS areas Charleswood, Fort Whyte, Linden Ridge, Linden Woods, South Charleswood, and Whyte Ridge.

The average selling price of homes went up approximately 5.9% with the average being $585,920 compared to $556,100 in February 2017. On average a residence took 1 day more to sell compared to the average of 26 days in February 2017.

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There were 6 active listings in Winnipeg MLS areas 1M, 1N, and 1P at the end of February 2018 as compared to 15 at the end of February 2017, and 11 homes sold in February 2018 as compared to 10 in 2017. The sales-to-listing ratio increased from 85.6 percent in February 2017 to 183.3 percent in February 2018.

The highest price paid in 2018 for a home in the neighbourhoods of Charleswood, Fort Whyte, Linden Ridge, Linden Woods, South Charleswood, and Whyte Ridge was $841,000 for a home on Queen’s Park Crescent. The lowest sale price belonged to a home on Bessboro Street, which closed at $400,000.

Total active listings February 2018: 6
Total active listings February 2017: 15

Total homes sold February 2018: 11
Total homes sold February 2017: 10

Sales to listing ratio February 2018: 183.3%
Sales to listing ratio February 2017: 85.6%

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 Charleswood, Fort Whyte, Linden Ridge, Linden Woods, South Charleswood, Whyte Ridge.  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 February 2018: 27
Average days to sell a home February 2017: 26

Average sale price February 2018: $585,920
Average sale price February 2017: $556,100

Lowest sales price February 2018: $400,000 Bessboro Street
Highest sales price February 2018: $841,000 Queen’s Park Crescent

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!