The number of days to sell a home and home sales were both down in March 2017 as compared to the same month last year in Winnipeg MLS areas 2A and 2B, which includes the neighbourhoods of Norwood, Norwood Flats and St. Boniface.
There were 13 homes sold in the above neighbourhoods in March 2017 as compared to 16 sold in the same month last year. It took less time to sell a home in Winnipeg MLS areas 2A and 2B in March 2017. Average days on market in March 2017 was 14.50, significantly down from the 25 days required to sell a home in March 2016.
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On a brighter note, the average home sale prices were up in Norwood, Norwood Flats and St. Boniface for March 2017, coming in at $294,272 as compared to $247,056 in the same month last year. Listings on the Winnipeg MLS market in 2A and 2B were up in March 2017 from the 7 homes available in 2016.
The highest price paid for a home in Winnipeg MLS areas 2A and 2B in March 2017 was $510,000 for a home on Monck Avenue, while the lowest price came in at $180,000 for a home on Eugenie Street.
Total Active Listings Month of March 2017: 16
Total Active Listings Month of March 2016: 7
Total Homes sold Month of March 2017: 13
Total Homes sold Month of March 2016: 16
Sales to Listing Ratio March 2017: 81.50%
Sales to Listing Ratio March 2016: 241.50%
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 allow us to more accurately set list prices on the homes we sell, while also making intelligent offers. If yo u would like a Free Home Value Appraisal in Norwood, Norwood Flats, St. Boniface or any other Winnipeg neighbourhood, please Contact Us or Call (204) 792-6453. We track the market closely and so can you with Winnipeg Market Tracker.
Average days to sell March 2017: 14.50
Average days to sell March 2016: 25.00
Average sale price Month of March 2017: $294,272
Average sale price Month of March 2016: $247,056
Lowest sale price for Month of February 2017: $180,000 Eugenie Street
Highest sale price for Month of February 2017: $510,000 Monck Avenue
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
