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Listing up sales sand sale prices went down in Royalwood, Island Lakes in February 2023.
The average selling price of homes went down approximately 27.78% with the average being $523,964 in February 2023 compared to $652,041 in February 2022. On average a residence took 25 days to sell in February 2023 as compared to 16 days in February 2022.
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There were 28 active listings in Winnipeg MLS area 2J in Royalwood, Island Lakes, at the end of February compared to 9 at the end of February 2022 and 9 homes sold in February 2023 compared to 15 in February 2022. The sales-to-listing ratio was 32% in February 2023 compared to 250% in February 2022.
The highest price paid in February 2023 for a home in Royalwood was $635,000 for a home on Bridgeway Crescent. The lowest sale price belonged to a house on Desjardins drive $390,000
Total active listings February 2023: 28
Total active listings February 2022: 6
Total homes sold February 2023: 9
Total homes sold February 2022: 15
Sales to listing ratio February 2023: 32%
Sales to listing ratio February 2022: 250%
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 Royalwood, 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 February 2023 : 5
Average days to sell a home February 2022: 8
Average sale price February 2023 : $335,267
Average sale price February 2022: $325,667
Lowest sales price February 2023 : $195,000
Highest sales price February 2022: $360,000
information is courtesy of
Michael Leclerc Royal LePage
Top Producers Winnipeg MB
Phone (204) 792-6453