Home sales, average home sale prices and year-end listings were all up in 2016 in the Winnipeg neighbourhoods of Bourkevale, Bruce Park, Deer Lodge, St. James, Grace Hospital, Silver Heights, Jameswood, Woodhaven, St. Charles, Westwood, Crestview and Heritage Park. In fact, the only real estate element that was down in Winnipeg MLS areas 5E, 5F, 5G and 5H was the days required to sell a home.
There were 727 homes sold in 2016 in Bourkevale, Bruce Park, Deer Lodge, St. James, Grace Hospital, Silver Heights, Jameswood, Woodhaven, St. Charles, Westwood, Crestview and Heritage Park compared to 673 homes sold in 2015, and the average home sale price rose from $273,931 in 2015 to $281,182 in 2016.
– Mortgage Insurance –
What you must know and how to protect your family and investment.
Visit Winnipeg Mortgage today!
There were 910 total active listings in Winnipeg MLS areas 5E, 5F, 5G and 5H at the end of 2016 as compared to 897 at the end of 2015, and the average days required to sell a home dropped from 22.25 days in 2015 to 21.75 days in 2016.
The highest home sale price belonged to a home on Compton Place, which sold for $735,000. The lowest price paid for a home in the above neighbourhoods went to a home on Albany Street that closed at $82,000.
Total Active listings Year End December 2016: 910
Total Active Listings Year End December 2015: 897
Total Homes sold for the year of 2016: 727
Total Homes sold for the year of 2015: 673
Sales to Listing Ratio 2016: 82%
Sales to Listing Ratio 2015: 77.25%
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 Bourkevale, Bruce Park, Deer Lodge, St. James, Grace Hospital, Silver Heights, Jameswood, Woodhaven, St. Charles, Westwood, Crestview, Heritage Park 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 a home 2016: 21.75
Average days to sell a home 2015: 22.25
Average sale price year end 2016: $281,182
Average sale price year end 2015: $273,931
Lowest sale price for the year 2016: $82,000 Albany Street
Highest sale price for the year 2016: $735,000 Compton Place
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