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The average selling price of homes in MLS® Area Area 1C: River Heights, went down approximately 4%, with the average being $554,155 in May 2022 compared to $536,128 in May 2023. On average, a residence took 8 days to sell in May 2022 as compared to 19 days in May 2023.
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There were 35 active listings in MLS® Area 1C: River Heights at the end of May 2023 compared to 15 at the end of May 2022 and 9 homes sold in May 2022 compared to 41 in May 2023.
The sales-to-listing ratio was down to 51% in May 2023 compared to 127% in May 2022.
The highest price paid in May 2023 for a home in MLS® Area 1C: River Heights was $1,025,000 for a home on Oak Street.
The lowest sale price belonged to a house on Beaverbrook Street for $285,000.
Total active listings May 2023: 35
Total active listings May 2022: 15
Total homes sold May 2023: 41
Total homes sold May 2022: 9
Sales to listing ratio May 2023: 51%
Sales to listing ratio May 2022: 127%
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 Market assessment of your home in MLS® Area 1C: River Heights…. Please Contact Us @ (204) 792-6453 as we track the market closely and you can too with Winnipeg Market Tracker.
Average days to sell a home May 2023: 19
Average days to sell a home May 2022: 8
Average sale price May 2023: $536,128
Average sale price May 2022: $554,155
Lowest sale price May 2023: $285,000
Highest sale price May 2023: $1,025,000
This information is courtesy of…
Michael Leclerc Royal LePage
Top Producers Winnipeg MB
Phone (204) 792-6453