The average home sale price was up in August 2017 in the Winnipeg neighbourhoods of Fort Garry, Fort Richmond, University Heights, Waverly Heights and Wildwood as compared to August 2016, and the number of homes listed on MLS in these neighbourhoods decreased somewhat during the same period.
It took an average of 16.00 days to sell a home in Winnipeg MLS areas 1J, 1Jw 1K and 1L which was lower compared to August 2016 at 20.75 days. The average home sale price increased from $289,250 in August 2016 to $326,147 in August 2017.
Total active listings in Fort Garry, Fort Richmond, University Heights, Waverly Heights and Wildwood were down in August 2017 to 30, compared to 35 in August 2016. Total sales in these neighbourhoods increased with 33 homes changing hands in August 2017 compared to 26 in August 2016.
The lowest home sale price for August 2017 came in at $200,000 for a home on Clarence Avenue while the highest price paid was for a home on that changed hands for $472,888 on Thatcher Drive.
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Total Active listings August 2017: 30
Total Active Listings August 2016: 35
Total Homes sold August 2017: 33
Total Homes sold August 2016: 26
Sales to Listing Ratio August 2017: 118.25%
Sales to Listing Ratio August 2016: 73.00%
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 Fort Garry, Fort Richmond, University Heights, Waverly Heights ,Wildwood 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 August 2017: 16.00
Average days to sell a home August 2016: 20.75
Average sale price August 2017: $359,752
Average sale price August 2016: $322,432
Lowest sale price month of August 2017: $200,000 Clarence Avenue
Highest sale price for month of August 2017: $472,888 Thatcher 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