MLS listings and sales went down while the home prices went up in the month of February 2018 for the Winnipeg neighbourhoods of MLS areas Algonquin Estates, Algonquin Park, All Season Estates, Bridgewood Estates, Eaglemere, East Kildonan, Harbour View South, North Kildonan, and Valley Gardens.
The average selling price of homes went up approximately 14.85% with the average being $336,303 compared to $292,821 in February 2017. On average a residence took approximately 6 days more to sell compared to the average of 22 days in February 2017.
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There were 25 active listings in Winnipeg MLS areas 3E, 3F, 3G, 3H, 3J at the end of February 2018 as compared to 44 at the end of February 2017, and 14 homes sold in February 2018 as compared to 22 in 2017. The sales-to-listing ratio increased from 55.4 percent in February 2017 to 58 percent in February 2018.
The highest price paid in 2018 for a home in the neighbourhoods of Algonquin Estates, Algonquin Park, All Season Estates, Bridgewood Estates, Eaglemere, East Kildonan, Harbour View South, North Kildonan, and Valley Gardens was $442,500 for a home on Reg Wyatt Way. The lowest sale price belonged to a home on McIvor Avenue, which closed at $173,000.
Total active listings February 2018: 25
Total active listings February 2017: 44
Total homes sold February 2018: 14
Total homes sold February 2017: 22
Sales to listing ratio February 2018: 58%
Sales to listing ratio February 2017: 55.4%
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 Algonquin Estates, Algonquin Park, All Season Estates, Bridgewood Estates, Eaglemere, East Kildonan, Harbour View South, North Kildonan, Valley Gardens. 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 2018: 28.4
Average days to sell a home February 2017: 22
Average sale price February 2018: $336,303
Average sale price February 2017: $292,821
Lowest sales price February 2018: $173,000 McIvor Avenue
Highest sales price February 2018: $442,500 Cordova 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