Riverbend Home Sales Remain Solid

Riverbend Housing Prices Decrease

Riverbend April MLS sales increased 9.2% despite a decrease in inventory of 18% from April of 2015. The average selling price of a home was down 10.4% over last April’s sales.  On average a residence took 1 day longer to sell in comparison to the same month last year.

Active listings, April 2016: 280

Active listings, April 2015: 341

New listings for the month of April 2016:  131

Homes sold for the month of April 2016: 130

Homes sold for the month of April 2015: 119

Sales to listing ratio, April 2016: 55%

Sales to listing ratio, April, 2015: 43%

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 Kildonan, Scotia Heights, Riverbend, Riverdale, River Grove, Amber Trails, Garden City, Old Kildonan, Parkway Village, Foxwarren Estates, Maples, Maple Glen, North Meadows, Seven Oaks Crossings, Tyndall Park, Garden Grove, Meadows West, North Meadows and Meadowview   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, April 2016: 24

Average days to sell a home, April 2015: 23

Average sales price, April 2016: $245,387

Average sales price, April 2015: $274,004

Lowest sales price for the month: $40,000, Flora Avenue

Highest sales price for the month: $645,000, River Ridge 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!