Winnipeg Real Estate Blog

Winnipeg Real Estate News & Market Updates

Phone: (204) 792-6453

Listings, sales and sale prices up in Bonavista, Winnipeg

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3 Bedroom Lakefront Cabover in Bridgwater Trails. Click image for more info or call Michael Leclerc 204-792-6453.

MLS listings, sales and sale prices went up in the month of February 2019 in the Winnipeg neighbourhood of Bonavista.

The average selling price of homes went up approximately 6.7% with the average being $442,279 compared to $412,610 in February 2018. On average a residence took 15 days more to sell in February 2019 as compared to 18 days in February 2018.

 – The Mortgage Rules Have Changed Again! – 
          Learn how to take advantage and challenge the system. Click Here!

There were 49 active listings in Winnipeg MLS area 2J at the end of February 2019 as compared to 35 at the end of February 2019, and 14 homes sold in February 2019 as compared to 12 in 2018. The sales-to-listing ratio was 29% in February 2019 compared to 34% in February 2018.

The highest price paid in February 2019 for a home in the neighbourhood of Bonavista was $515,000 for a home on Westwater Drive. The lowest sale price belonged to a home on Island Shore Boulevard, which closed at $280,000.

Total active listings February 2019: 49
Total active listings February 2019: 35

Winnipeg Real Estate Information Special Request

Total homes sold February 2019: 14
Total homes sold February 2018: 12

Sales to listing ratio February 2019: 29%
Sales to listing ratio February 2018: 34%

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 Bonavista.  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 2019: 33
Average days to sell a home February 2018: 18

Average sale price February 2019: $442,279
Average sale price February 2018: $412,610

Lowest sales price February 2019: $280,000 Island Shore Boulevard
Highest sales price February 2018: $515,000 Westwater Drive

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

Listings, sales and sale prices down in Niakwa Park, Winnipeg

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Stress Free Living 20 minutes from Winnipeg. Click image for more info or call Michael Leclerc 204-792-6453.

MLS listings and sales went down while sale prices went up in the month of February 2019 in the Winnipeg neighbourhood of Niakwa Park.

The average selling price of homes went down approximately 16% with the average being $277,275 compared to $334,055 in February 2018. On average a residence took 6 days more to sell in February 2019 as compared to 10 days in February 2018.

 – The Mortgage Rules Have Changed Again! – 
          Learn how to take advantage and challenge the system. Click Here!

There were 2 active listings in Winnipeg MLS area 2G at the end of February 2019 as compared to 9 at the end of February 2019, and 8 homes sold in February 2019 as compared to 10 in 2018. The sales-to-listing ratio was 400% in February 2019 compared to 111% in February 2018.

The highest price paid in February 2019 for a home in the neighbourhood of Niakwa Park was $335,200 for a home on Adelina Gregoire Place. The lowest sale price belonged to a home on Hansford Road, which closed at $250,500.

Total active listings February 2019: 2
Total active listings February 2019: 9

Winnipeg Real Estate Information Special Request

Total homes sold February 2019: 8
Total homes sold February 2018: 10

Sales to listing ratio February 2019: 400%
Sales to listing ratio February 2018: 111%

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 Niakwa Park.  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 2019: 16
Average days to sell a home February 2018: 10

Average sale price February 2019: $277,275
Average sale price February 2018: $334,055

Lowest sales price February 2019: $250,500 Hansford Road
Highest sales price February 2018: $335,200 Adelina Gregoire Place

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

2019 Listings and sale prices down, sales same in Waverley Heights

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Living room of wonderful apartment in very desirable River Park South. Click image for more info or call Michael Leclerc 204-792-6453.

MLS listings and sale pricse went down while sales stayed the same in the month of January 2019 in the Winnipeg neighbourhood of Waverley Heights.

The average selling price of homes went down approximately 23% with the average being $331,500 compared to $436,000 in January 2018. On average a residence took 10 days less to sell in January 2019 as compared to 23 days in January 2018.

 – The Mortgage Rules Have Changed Again! – 
          Learn how to take advantage and challenge the system. Click Here!

There were 1 active listings in Winnipeg MLS area 1L at the end of January 2019 as compared to 2 at the end of January 2019, and 2 homes sold in January 2019 as compared to 2 in 2018. The sales-to-listing ratio was 200% in January 2019 compared to 100% in January 2018.

The highest price paid in January 2019 for a home in the neighbourhood of Waverley Heights was $334,000 for a home on Markham Road. The lowest sale price belonged to a home on Lake Island Crescent, which closed at $329,000.

Total active listings January 2019: 1
Total active listings January 2019: 2

Winnipeg Real Estate Information Special Request

Total homes sold January 2019: 2
Total homes sold January 2018: 2

Sales to listing ratio January 2019: 200%
Sales to listing ratio January 2018: 100%

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 Waverley Heights.  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 January 2019: 13
Average days to sell a home January 2018: 23

Average sale price January 2019: $331,500
Average sale price January 2018: $436,000

Lowest sales price January 2019: $329,000 Lake Island Crescent
Highest sales price January 2018: $334,000 Markham 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

Listings and sale prices up while sales down in River Heights, Winnipeg

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3 Bedroom Raised Bungalow in Prairie Pointe. Click image for more info or call Michael Leclerc 204-792-6453.

MLS listings and sale prices went up while sales went down in the month of January 2019 in the Winnipeg neighbourhood of River Heights.

The average selling price of homes went up approximately 32.3% with the average being $472,097 compared to $319,780 in January 2018. On average a residence took 20 days less to sell in January 2019 as compared to 33 days in January 2018.

 – The Mortgage Rules Have Changed Again! – 
          Learn how to take advantage and challenge the system. Click Here!

There were 7 active listings in Winnipeg MLS area 1D at the end of January 2019 as compared to 3 at the end of January 2019, and 4 homes sold in January 2019 as compared to 5 in 2018. The sales-to-listing ratio was 57% in January 2019 compared to 167% in January 2018.

The highest price paid in January 2019 for a home in the neighbourhood of River Heights was $700,888 for a home on Campbell Street. The lowest sale price belonged to a home on Cordova Street, which closed at $290,000.

Total active listings January 2019: 7
Total active listings January 2019: 3

Winnipeg Real Estate Information Special Request

Total homes sold January 2019: 4
Total homes sold January 2018: 5

Sales to listing ratio January 2019: 57%
Sales to listing ratio January 2018: 167%

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 River Heights.  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 January 2019: 11
Average days to sell a home January 2018: 33

Average sale price January 2019: $472,092
Average sale price January 2018: $319,780

Lowest sales price January 2019: $290,000 Cordova Street
Highest sales price January 2018: $700,888 Campbell 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 Team
Royal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453

2019 Winnipeg Real Estate Market Highlights

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January MLS® sales of 634 increased 11% over the same month last year and 8% over the 5-year average for January. Dollar volume rose 12% to $175 million. The 1,783 new listings entered on the MLS® in January also resulted in a double-digit gain of 19% compared to January 2018.

On a positive note, mortgage rates are remaining historically low with the Bank of Canada signaling a wait and see approach on any interest rate increases this year. Buyers have also had over a year to adjust to the B-20 mortgage regulation rules which came into effect January 1, 2018.

No better example of affordable prices came by way of the condo sales activity in January 2019. In what is more the exception than the rule in our local market, there were 34 sales under $150,000 compared to 12 in January 2018. A number of these units sold for as low as $31,500 with total square footage of less than 500 square feet. 56% of total condo sales went for less than $200,000.

For comparison purposes, 22% of residential-detached or single family homes sold for less than $200,000. On the other end of the price spectrum, the highest-priced single family home sold for $910,000 while a condominium sold for $832,229.

WinnipegREALTORS® just held its annual forecast breakfast and indicated that sales should outpace 2018 while prices will remain stable. The condo property type in particular is experiencing an elevated supply of listings going into 2019, so will be one to watch closely.

 

Winnipeg Real Estate Information Special Request

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