Lagging May in South East Winnipeg

May 2016 Sales Trailing  2015

St. Vital May MLS sales were down 8% compared to May 2015. The average selling price of homes decreased 10.3% in comparison to the same month last year.  The MLS inventory was down with 14.9% fewer homes to choose from at this time than last year. On average a residence took the same amount of time to sell in comparison 2015.

Active listings, May 2016: 258

Active listings, May 2015: 303

New listings for the month of May 2016: 162

Homes sold for the month of May 2016: 148

Homes sold for the month of May 2015: 161

Sales to listing ratio, May 2016: 74%

Sales to listing ratio, May, 2015: 84%

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, Norwood, Bright Oakes, River Pointe, St. Vital, Meadowood, River Park South, Dakota Crossing South Glen, Niakwa Park, Windsor Park, Southdale, Islands Lakes, Royalwood, and Sage Creek,    please Contact Us or Call (204) 792-6453. We track the market closely and you can too with Winnipeg Market Tracker.

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Average days to sell a home, May 2016: 21

Average days to sell a home, May 2015: 21

Average sales price, May 2016: $325,570

Average sales price, May 2015: $363,147

Lowest sales price for the month: $157,000, Lloyd Street

Highest sales price for the month: $805,000, Ravine 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!