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

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

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.