South West Winnipeg House Prices Increase

South West Winnipeg Home Prices increased 9.8% 

Crescentwood, Fort Garry and Linden Woods May MLS sales were down 7.1%, the average selling price of homes increased 9.8% in comparison to the same month last year.  The MLS inventory was down with 23% fewer to choose from at this time than last year. On average a residence took 2 days less to sell in comparison to 18  days April 2015.

Active listings, May 2016: 368

Active listings, May 2015: 476

New listings for the month of May 2016: 241

Homes sold for the month of May 2016: 223

Homes sold for the month of May 2015: 240

Sales to listing ratio, May 2016: 75%

Sales to listing ratio, May, 2015: 65%

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 Fort Rouge, Lord Roberts, Crescentwood, Osborne Village, Armstrong’s Point, River Heights, Tuxedo, Assiniboine Woods, Charleswood, River West Park, Westdale, Fort Garry, Wildwood, Fort Richmond, University Heights, Waverley Heights, Linen ridge, Linden Woods, Fort Whyte, Grandmont Park, St. Norbert, South Pointe, Breezy Bend, and Headingley South   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: 16

Average days to sell a home, May 2015: 18

Average sales price, May 2016: $432,570

Average sales price, May 2015: $393,798

Lowest sales price for the month: $159,000, Villeneuve Blvd.

Highest sales price for the month: $1,231,000, Liberty Street

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!