MLS listings went down while sales and sale prices went up in the month of February 2021 in the Winnipeg neighbourhood of Polo Park.
The average selling price of homes went up approximately 19.6% with the average being $257,736 compared to $207,200 in February 2020. On average a residence took 14 days less to sell in February 2021 as compared to 29 days in February 2020.
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There were 4 active listings in Winnipeg MLS area 5C at the end of February 2021 as compared to 21 at the end of February 2020, and 15 homes sold in February 2021 compared to 10 in February 2020. The sales-to-listing ratio was 375% in February 2021 compared to 48% in February 2020.
The highest price paid in February 2021 for a home in the neighbourhood of Polo Park was $355,000 for a home on Burnell Street. The lowest sale price belonged to a home on Erin Street, which closed at $150,000.
Total active listings February 2021: 4
Total active listings February 2020: 21
Total homes sold February 2021: 15
Total homes sold February 2020: 10
Sales to listing ratio February 2021: 375%
Sales to listing ratio February 2020: 48%
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 Polo Park. 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 2021: 15
Average days to sell a home February 2020: 10
Average sale price February 2021: $257,736
Average sale price February 2020: $207,200
Lowest sales price February 2021: $150,000 Erin Street
Highest sales price February 2020: $355,000 Burnell Street
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