Summer Market Still Strong
Sales for MLS home values in July were down 4.6% with a 7.5% decrease in listings on the MLS market compared to the same time last year. The average selling price of homes were up 5.1% with the average single family home being $302,234 compared to $287,685 in July 2015. On average a residence took approximately 22 days to sell compared to the average of 25 days in 2015.
Active listings, July 2016: 297
Active listings, July 2015: 321
New listings for the month of July 2016: 119
Homes sold for the month of July 2016: 166
Homes sold for the month of July 2015: 174
Sales to listing ratio, July 2016: 60%
Sales to listing ratio, July, 2015: 68%
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 you would like a Free Home Value Appraisal in North Kildonan,East Kildonan, Valley Gardens, River East All Season Estates, Eaglemere, Oakwood Estates, Harbour View South, Lakeside Meadows, Mission Gardens, Transcona, Birds Hill, East St. Paul, Pritchard Farm, River East Estates. 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 a home, July 2016: 17
Average days to sell a home, July 2015: 23
Average sales price, July 2016: $391,384
Average sales price, July 2015: $403,376
Lowest sales price for the month: $150,000 Carter Avenue
Highest sales price for the month: $1,450,000 Chataway Blvd.
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