MLS listings and sales went up while sale prices went down in the month of October 2018 in the Winnipeg neighbourhood of Riverbend.
The average selling price of homes went down approximately 0.5% with the average being $374,844 compared to $376,800 in October 2017. On average a residence took 2 days more to sell in October 2018 as compared to 25 days in October 2017.
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There were 11 active listings in Winnipeg MLS area 4E at the end of October 2018 as compared to 5 at the end of October 2017, and 8 homes sold in October 2018 as compared to 6 in 2017. The sales-to-listing ratio was 73% in October 2018 compared to 120% in October 2017.
The highest price paid in October 2018 for a home in the neighbourhood of the Riverbend was $425,000 for a home on Knotwood Crescent. The lowest sale price belonged to a home on Vince Leah Drive, which closed at $285,000.
Total active listings October 2018: 11
Total active listings October 2017: 5
Total homes sold October 2018: 8
Total homes sold October 2017: 6
Sales to listing ratio October 2018: 73%
Sales to listing ratio October 2017: 120%
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 Riverbend. 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 October 2018: 27
Average days to sell a home October 2017: 25
Average sale price October 2018: $374,844
Average sale price October 2017: $376,800
Lowest sales price October 2018: $285,000 Vince Leah Drive
Highest sales price October 2018: $425,000 Knotwood Crescent
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