New listings in February on MLS continued to march along with 93 homes listed during the month. February MLS sales increased 3% in comparison to the same month last year even though there was 16% less inventory available than last year at this time.
Active listings, February 2016: 218
Active listings, February 2015: 234
New listings for the month of February 2016: 87
Homes sold for the month of February 2016: 80
Homes sold for the month of February 2015: 77
Sales to listing ratio, February 2016: 44%
Sales to listing ratio, February, 2015: 39%
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 West Kildonan, Scotia Heights, Riverbend, Riverdale, River Grove, amber Trails, Garden City, Old Kildonan, Parkway Village, Foxwarren Estates, Maples, Maple Glen, Mandalay, Seven Oaks Crossings, Tyndall Park, Garden Grove, Meadows West, and Meadowview, 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 2016: 34
Average days to sell a home, February 2015: 36
Average sales price, February 2016: $269,532
Average sales price, February 2015: $264,203
Lowest sales price for the month: $64,000, Atlantic Avenue
Highest sales price for the month: $450,000, River Elm Drive
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This information is courtesy of: The Michael Leclerc Home Selling TeamRoyal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453