Average homes prices were up for 2017 in the Winnipeg neighbourhoods of Linden Ridge, Linden Woods, Charleswood, South Charleswood, Fort Whyte and Whyte Ridge, but all other pertinent real estate statistics except for the sales-to-listing ratio were down.

The average home sale price in Winnipeg MLS areas 1M, 1N and 1P rose from $475,547 in 2016 to $543,935 in 2017, but year-end listings were down from 252 to 204. The number of homes sold in Linden Ridge, Linden Woods, Charleswood, South Charleswood, Fort Whyte and Whyte Ridge also dropped from 197 in 2016 to 182 in 2017.

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The average number of days required to sell a home decreased only slightly from 34.33 days in 2016 to 32.3 days in 2017 and the sales-to-listing ration increased from 72% to 88.3%. The highest price paid for a home in Winnipeg MLS areas 1M, 1N and 1P in 2017 was $1,140,000 for a home on Kingsbridge Court. The lowest price paid was for a home on Meadowbank Road, which closed at $350,000.

Total Active listings Year End December 2017: 204
Total Active Listings Year End December 2016: 252

Total Homes sold for the year of 2017: 182
Total Homes sold for the year of 2016: 197

Sales to Listing Ratio 2017: 88.3%
Sales to Listing Ratio 2016: 72%

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 Linden Ridge, Linden Woods, Charleswood, South Charleswood, Fort Whyte, Whyte Ridge 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 2017: 32.3
Average days to sell a home 2016: 34.33

Average sale price year end2017: $543,935
Average sale price year end 2016: $475,547

Lowest sale price for the year 2017: $350,000 Meadowbank Road
Highest sale price for the year 2017: $1,140,000 Kingsbridge Court

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!