MLS listings and home prices went up while sales went down in the month of February 2018 for the Winnipeg neighbourhoods of MLS areas Armstrong’s Point, Crescentwood, River Heights North, Middle and South, and Tuxedo.

The average selling price of homes went up approximately 1.85% with the average being $452,689 compared to $444,335 in February 2017. On average a residence took 18 days less to sell compared to the average of 28.6 days in February 2017.

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There were 28 active listings in Winnipeg MLS areas 1C, 1D, 1E at the end of February 2018 as compared to 26 at the end of February 2017, and 11 homes sold in February 2018 as compared to 17 in 2017. The sales-to-listing ratio decreased from 73.6 percent in February 2017 to 42.3 percent in February 2018.

The highest price paid in 2018 for a home in the neighbourhoods of Armstrong’s Point, Crescentwood, River Heights North, Middle, South and Tuxedo was $650,500 for a home on Holdsworth Avenue. The lowest sale price belonged to a home on Centennial Street, which closed at $201,000.

Total active listings February 2018: 28
Total active listings February 2017: 26

Total homes sold February 2018: 11
Total homes sold February 2017: 17

Sales to listing ratio February 2018: 42.3%
Sales to listing ratio February 2017: 73.6%

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 Corydon, Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts, Osborne Village, Riverview.  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: 10.3
Average days to sell a home February 2017: 28.6

Average sale price February 2018: $452,689
Average sale price February 2017: $444,335

Lowest sales price February 2018: $201,000 Centennial Street
Highest sales price February 2018: $650,500 Holdsworth Avenue

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