Listings were up in August 2017 but average home sale prices were down in the Winnipeg neighbourhoods of Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, and Waverly West, compared to the same month last year.
There were 105 active home listings in Winnipeg MLS areas 1Q, 1R and 1S in August 2017 as compared to 91 listings during the same period last year, and the average days required to sell a home dropped from 34.00 last August to 25.67 days in August 2017.
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Home sales numbers increased from 52 in August 2016 to 54 in 2017 in Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, and Waverly West , and the average home sale price declined from $428,273 to $419,546.
The highest price paid for a home in MLS areas 1Q, 1R and 1S in August 2017 was $1,307,000 for a home on Rose Lake Court . The lowest price paid was $275,000 for a home on Lamirande Place.
Total Active listings Month of August 2017: 105
Total Active Listings Month of August 2016: 91
Total Homes sold Month of August 2017: 54
Total Homes sold Month of August 2016: 52
Sales to Listing Ratio August 2017: 60.00%
Sales to Listing Ratio August 2016: 72.00%
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 Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, Waverly West 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 August 2017: 25.67
Average days to sell a home August 2016: 34.00
Average sale price Month of August 2017: $419,546
Average sale price Month of August 2016: $428,273
Lowest sale price Month of August 2017: $275,000 Lamirande Place
Highest sale price Month of August 2017: $1,307,000 Clear Spring Road
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!
This information is courtesy of: The Michael Leclerc Home Selling TeamRoyal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453