Winnipeg Real Estate Blog

Winnipeg Real Estate News & Market Updates

Phone: (204) 792-6453

Home Sales Up 6% in South East Winnipeg Over Last

By Leave a Comment

Nice Kitchen Remodel, click on image for more information or call Michael Leclerc (204)792-6453
Nice Kitchen Remodel, click on image for more information or call Michael Leclerc (204)792-6453

Inventory of  active homes in South East Winnipeg including St. Boniface, St. Vital, Norwood, River Park South, Meadowood and Southdale is down slightly in comparison to 2014, however homes are changing hands on average of 9.8% higher over last  year.

 

Active listings, September 2015: 259

Active listings, September 2014: 265

New listings for the month of September, 2015: 149

Winnipeg Real Estate Information Special Request

Homes sold for the month of September, 2015: 110

Homes sold for the month of September, 2014: 104

Sales to listing ratio, September 2015: 41%

Sales to listing ratio, September 2014: 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 St. Boniface, Norwood, Bright Oaks, Elm Park, Norberry, St. Vital, Van Hull Estates, Meadowood, River Park South, Windsor Park, Royalwood, Island Lakes, Sage Creek and Southdale, 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, September 2015: 20

Average days to sell a home, September 2014: 22

Home sold above asking price, September 2015: 30

Average sales price, September 2015: $292,259

Average sales price, September 2014: $266,160

Lowest sales price for the month: $130,000, Barrington Avenue

Highest sales price for the month:  $605,000, Settlers Road

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 Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453

105/125 Homes Sell Under List Price in South East Winnipeg

By Leave a Comment

nicesunroom
Beautiful Sunroom! Click Image for more information or Call (204) 792-6453.

84% of homes that sold in St. Boniface, St. Vital, Windsor Park, Sage Creek as well as other areas in the south east part of Winnipeg over the past 30 days sold for less than their asking price, a familiar message it seems these days in the Winnipeg real estate market.

Active listings, August 2015: 260

Active listings, August 2014: 242

New listings for the month of August, 2015: 93

Winnipeg Real Estate Information Special Request

Homes sold for the month of August, 2015: 125

Homes sold for the month of August, 2014: 101

Sales to listing ratio, August 2015: 59%

Sales to listing ratio, August 2014: 55%

 

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 St. Boniface, St. Vital, Norwood, Bright Oaks, River Park South, Windsor Park, Southdale and Island Lakes, 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, August 2015: 29

Average days to sell a home, August 2014: 26

Home sold above asking price, August2015: 20

Average sales price, August 2015: $348,512

Average sales price, August 2014: $342,735

Lowest sales price for the month: $85,000, Lyndale Drive

Highest sales price for the month:  $755,000, Jean Louis Road

 

Wondering what your home or condo is worth? Visit WinnipegHomeEvaluation.com or WinnipegCondoEvaluation.com for a complimentary market evaluation.

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 Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453

Fourteen homes sell for more than $9,900 under list in MLS Area 2J

By Leave a Comment

Nice setup! Click Image for more information or Call (204) 792-6453.
Nice setup! Click Image for more information or Call (204) 792-6453.

19/27 homes sell for under list in Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield

Twenty-seven homes sold in the neighbourhoods of Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield over the past month and 19 of them sold for less than asking price. There was also one home sold in Winnipeg MLS Area 2M, which covers the neighbourhoods of South St. Vital and St. Vital.

Winnipeg Real Estate Information Special Request
Winnipeg Real Estate Information SPECIAL REQUESTS

The home that sold in MLS Area 2M, a 1,700 square foot two-storey on Ramblewood Road, sold for $4,900 underlist when it closed at $520,000, but that was better than some of the under list sales in MLS Area 2J, which includes the aforementioned neighbourhoods of Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield. Fourteen of the homes that sold in 2J brought $9,900 or more under their asking price. And there were no big over list sales to balance the market. The average price of the homes that sold in MLS Area 2J was $426,578 and the median price was $425,000.

Two condos sold in MLS area 2J and both also went for under list, led by a 1,566 square foot bungalow on Orchard Drive that brought $29,900 less than asking when it closed at $340,000.

There are currently 51 homes for sale in the neighbourhoods of Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield, with the average list price being $467,227 and the median price coming in at $439,900. There are five homes currently listed in St. Vital and South St. Vital MLS area 2M with an average list price of $589,940 and a median list price of $450,000.

Highlights among the current residential listings include a 2,206 square foot bungalow on Newport Road listed at $749,900; an 1,850 square foot bungalow on East Plains Drive listed at $899,900; and a 6,610 square foot two-storey home on Forbes Road listed at $950,000. It will be interesting to see if these higher-priced homes can attract their asking price based on the current trend towards under-list sales in Winnipeg. There are 10 condos for sale in MLS Area 2J with the average list price being $370,269 and the median coming in at $369,444.

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 Evaluation for your home in Winnipeg MLS Areas 2J or 2M, please Contact Us or Call (204) 792-6453. We track the market closely and you can too with Winnipeg Market Tracker.

Winnipeg MLS listings for homes in Island Lakes Royalwood, Sage Creek, Southland Park, R.M of Springfield, St. Vital and South St. Vital:

  • 10 Baptiste Tourond Road $424,900
  • 116 Shorehill Drive $449,900
  • 35 Hacault Place $419,900
  • 83 Montvale Crescent $399,900
  • 32 Solstice Lane $429,900
  • 27 Dragonfly Court $447,800
  • 2 Pambrun Place $369,900
  • 31 Pauline Boutal Crescent $395,000
  • 31 Bridgetown Drive $629,900
  • 85 Eastoak Drive $539,900
  • 124 De La Seigneurie Boulevard $374,900
  • 164 Camirant Crescent $359,900
  • 69 Blue Sun Drive $599,900
  • 95 Norcross Crescent $429,900
  • 102 Ebb Tide Drive $439,900
  • 271 Island Shore Boulevard $299,900
  • 47 Tascona Road $158,000
  • 51 Fisette Place $469,900
  • 122 Red Lily Road $679,900
  • 58 Desjardins Drive $369,900
  • 33 Northport Bay $469,900
  • 18 River Valley Drive $549,000
  • 47 Linmar Way $349,900
  • 385 Sage Creek Boulevard $369,900
  • 3 Dallner Bay $439,900
  • 11 Huppe Bay $359,900
  • 23 Tascona Street $699,000
  • 38 Coneflower Crescent $399,900
  • 25 East Plains Drive $899,900
  • 147 Red Moon Road $579,900
  • 303 Royal Mint Drive $499,900
  • 62 Prairie Smoke Drive $588,885
  • 139 Burke Bay $450,000
  • 35 Nordstrom Drive $429,900
  • 103 Tallgrass Crescent $389,900
  • 92 Norcross Crescent $409,900
  • 71 Camirant Crescent $529,900
  • 201 Blue Sun Drive $519,900
  • 20 Copperstone Crescent $419,900
  • 90 Moonbeam Way $489,000
  • 34 Lands End Cove $439,900
  • 16 Burke Bay $457,000
  • 11 Pynoo Place $409,900
  • 786 John Bruce Road $774,900
  • 947 John Bruce Road $439,900
  • 93 River Valley Drive $594,900
  • 939 John Bruce Road $389,900
  • 52 Surfside Crescent $424,900
  • 43 Burning Glass Road $399,000
  • 177 Orchard Hill Drive $549,900
  • 18 Coneflower Crescent $414,902
  • 65 Newport Road $749,900
  • 50 Brentwood Avenue $419,900
  • 720 Forbes Road $950,000
  • 421 Fraser Road $379,900
  • 580 Christie Road $450,000

Wondering what your home or condo is worth? Visit WinnipegHomeEvaluation.com or WinnipegCondoEvaluation.com for a complimentary market evaluation.

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 Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453

Homes selling for average of $17,464 less than asking in Island Lakes, Royalwood, Sage Creek, Southland Park

By Leave a Comment

16/22 homes sell for under-list in Winnipeg MLS Area 2J, 36 homes for sale in Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield

Summer is coming! Click Image for more homes or call (204) 792-6453.
Summer is coming! Click Image for more homes or call (204) 792-6453.

Over the past week all we seem to be finding in the Winnipeg real estate sales data is a high percentage of under-list sales. Winnipeg MLS Area 2J, which includes the neighbourhoods of Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield, is yet another area of the city that followed the under-list trend.

Winnipeg Real Estate Information Special Request
Winnipeg Real Estate Information SPECIAL REQUESTS

Sixteen of the 22 homes that sold in MLS Area 2J brought an average of $17,464 less than their asking price, with the largest under-list sale being a bungalow on Willmington Drive that sold for $63,400 less than asking when it closed at $672,500.

The high percentage of under-list sales over the past 30 days indicates a great time for buyers, as many sellers are being forced to adjust their expectations. That being said, quality properties priced perfectly can still attract multiple bids.

The average price of the homes that sold over the past 30 days in Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield was $465,316 while the median price came in at $417,400. Condos fared better in the 2J neighbourhoods, with only one of seven condos selling for less than asking price, four selling for list price, and one closing at less than list. The average price of the condos sold in MLS Area 2J was $340,268 and the median came in at $322,005.

It seems the condo prices are being set more accurately than the home prices right now, at least in MLS Area 2J, but knowing that home prices in Winnipeg are generally being set slightly higher than they should be gives astute buyers and sellers an advantage. Buyers can adjust their offers accordingly, while sellers can set accurate prices that will allow them to sell their homes faster.

If you would like help in setting your home price accurately, or would like to make sure you make an astute offer backed up by quality information, call (204) 792-6453. Or, for a
FREE Home Evaluation with no obligation, please Click Here.

Homes for sale in Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield:

There are currently 36 homes for sale in Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield, with the average price being $510,822 and the median price
set at $450,688. There are also four homes for sale in the adjacent Winnipeg MLS Area 2M, which includes the neighbourhoods of Ramblewood, South St. Vital and St. Vital. The average
price of the homes located in MLS Area 2M is $514,900, with the median price being $469,900.

Current home listings in Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield:

  • 10 Rain Shadow Bay $399,900
  • 3 De Caigny Cove $379,900
  • 16 Myles Robinson Way $589,900
  • 47 Baptiste Tourond Road $439,900
  • 86 Red Moon Road $459,900
  • 98 Smugglers Cove $396,900
  • 28 Burke Bay $497,900
  • 396 Sage Creek Boulevard $389,900
  • 9 East Plains Drive $810,526
  • 30 Coneflower Crescent $457,475
  • 46 Blue Sun Drive $518,900
  • 722 Sage Creek Boulevard $383,237
  • 55 Edenwood Place $569,900
  • 30 East Plains Drive $689,850
  • 54 Gull Wing Bay $399,900
  • 164 Bridgetown Drive $479,900
  • 714 Sage Creek Boulevard $390,695
  • 6 Sabourin Place $439,900
  • 35 Moonbeam Way $409,900
  • 54 Hardman Court $544,900
  • 194 Purple Sage Crescent $429,900
  • 103 Wildflower Way $524,900
  • 14 Palisade Cove $524,900
  • 0 Creekbend Road $1,800,000
  • 72 Wild Iris Walk $462,333
  • 115 Silversage Crescent $499,892
  • 698 Sage Creek Boulevard $376,511
  • 710 Sage Creek Boulevard $365,875
  • 718 Sage Creek Boulevard $397,706
  • 726 Sage Creek Boulevard $382,681
  • 15 Elstree Court $614,900
  • 38 Sabourin Place $424,900
  • 30 Ranville Road $599,900
  • 9 Silver Sage Crescent $517,125
  • 27 Marcoux Place $374,900
  • 73 Pamela Road $443,900
  • 609 Sioux Road $599,900
  • 280 Greenview Road $339,900
  • 105 Forbes Road $189,900
  • 560 Christie Road $929,900

Wondering what your home or condo is worth? Visit WinnipegHomeEvaluation.com or WinnipegCondoEvaluation.com for a complimentary market evaluation.

Condos for sale in Island Lakes, Royalwood, Sage Creek, Southland Park:

There are six condominiums for sale in Island Lakes, Royalwood, Sage Creek and Southland Park with an average list price of  $359,436 and the median price being $371,957.

Current condo listings in Island Lakes, Royalwood, Sage Creek, Southland Park:

  • 46 455 Shorehill Drive
  • 5 30 East Mint Place
  • 60 455 Shorehill Drive
  • 61 1290 Warde Avenue
  • 5 360 Island Shore Boulevard
  • 106 155 Des Hivernants Boulevard N

If you would like more information on homes for sale in Island Lakes, Royalwood, Sage Creek, Southland Park and the R.M of Springfield; would like a FREE Winnipeg Home Evaluation, or would simply like more information on these Winnipeg neighbourhoods, please Contact Us or call (204) 792-6453.

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 Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453