St. James Seen Increase in MLS Sales

Steady-going Market in St. James

Most noteworthy was St. James May MLS sales up 9%,  also an increase of 3.7% in housing inventory  compared to the same time last year. In addition the average selling price of homes was more or less the same as May 2015 with a slight increase of .4% with the average closing price being $268,725.  An average  MLS listing in the area took approximately 2 days less to sell compared to the average of 28 days in 2015.

Active listings, May 2016: 253

Active listings, May 2015: 244

New listings for the month of May 2016: 168

Homes sold for the month of May 2016: 170

Homes sold for the month of May 2015: 156

Sales to listing ratio, May 2016: 68%

Sales to listing ratio, May, 2015: 66%

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 West End, Wolseley Polo Park, Sargent Park, Brooklands, Weston, Bruce Park, Deer Lodge, St. James, Bourkevale, Silver Heights, Woodhaven, Grace Hospital Westwood, St. Charles, Crestview, Heritage Park, Optimist Park, Centreport, Headingley North, Monterey Park, and The Oaks    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, May 2016: 19

Average days to sell a home, May 2015: 22

Average sales price, May 2016: $268,725

Average sales price, May 2015: $269,752

Lowest sales price for the month: $85,000, Toronto Street

Highest sales price for the month: $510,000, McIntosh Road

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