Listings Down But Average Selling Price is Up in 2G, 2H, 2J and 2K

Listings were down but average home sale prices were up for February 2017 in the Winnipeg neighbourhoods of Niakwa Park, Windsor Park, Niakwa Place, Southdale, Island Lakes, Royalwood, Ramblewood, Southland Park, Sage Creek and Waterside Estates, compared to the same month last year.

There were 104 active home listings in Winnipeg MLS areas 2G, 2H, 2J, 2K in February 2017 as compared to 109 listings in February 2016, and the average days required to sell a home dropped from 33.25 last February to 31.5 days in February 2017.

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Home sales numbers increased from 43 to 49 in Niakwa Park, Windsor Park, Niakwa Place, Southdale, Island Lakes, Royalwood, Ramblewood, Southland Park, Sage Creek and Waterside Estates from February 2016 to February 2017, and the average home sale price rose from $377,947 to $383,453.

The highest price paid for a home in MLS areas 2G, 2H, 2J and 2K in February 2017 was $600,000 for a home on Seaside Drive. The lowest price paid was $177,943 for a home on Shady Shores Drive.

Total Active listings Month of February 2017: 104
Total Active Listings Month of February 2016: 109

Total Homes sold Month of February 2017: 49
Total Homes sold Month of February 2016: 43

Sales to Listing Ratio 2017: 53.50%
Sales to Listing Ratio 2016: 44.25%

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 allow 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 Niakwa Park, Windsor Park, Niakwa Place, Southdale, Island Lakes, Royalwood, Ramblewood, Southland Park, Sage Creek, Waterside Estates or any other Winnipeg neighbourhood, please Contact Us or Call (204) 792-6453. We track the market closely and so can you with Winnipeg Market Tracker.

Average days to sell a home February 2017: 31.5
Average days to sell a home February 2016: 33

Average sale price Month of February 2017: $383,453
Average sale price Month of February 2016: $377,947

Lowest sale price Month of February 2017: $177,943 Shady Shores Drive
Highest sale price Month of February 2017: $600,000 Seaside 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!