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MLS listings up while sales and sale prices went down in the month of December 2022 in the Winnipeg neighbourhood of University Heights, Fort Richmond.

The average selling price of homes went down approximately 9.5% with the average being $383,333 in December 2022 compared to $423,625 in December 2021. On average a residence took 66 days to sell in December 2022 as compared to 14 days in December 2021.

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There were 6 active listings in Winnipeg MLS area 1K University Heights, Fort Richmond at the end of December as compared to 3 at the end of December 2021, and 3 homes sold in December 2022 compared to 8 in December 2021. The sales-to-listing ratio was 50% in December 2022 compared to 267% in December 2021.

The highest price paid in December 2022 for a home in the neighbourhood of Fort Richmond was $400,00 for a home on Celtic Bay. The lowest sale price belonged to a home on McGill avenue University Heights which closed at $360,000.

Total active listings December 2022: 6
Total active listings December 2021: 3

Total homes sold December 2022: 3
Total homes sold December 2021: 8

Sales to listing ratio December 2022: 50%
Sales to listing ratio December  2021: 267%

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 University Heights, Fort Richmond. 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 December 2022: 66
Average days to sell a home December 2021: 14

Average sale price December 2022: $383,333
Average sale price December 2021: $423,625

Lowest sales price December 2022: $360,000 McGill Avenue
Highest sales price December 2021: $400,000 Celtic Bay

This information is courtesy of:
Michael Leclerc
Royal LePage Top Producers
Winnipeg MB
Phone (204) 792-6453