Home sales were down but average home prices were up in 2017 in the Winnipeg neighbourhoods of Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo when compared to 2016.
There were 368 homes sold in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo in 2016, and sales dropped to 324 in 2017. The average home sale price was up however, from $496,655 in 2016 to $552,040 in 2017.
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The average number of days required to sell a home in 2017 in Winnipeg MLS areas 1C, 1D and 1E came in at 21.66 as compared to 27.33 days in 2016. The lowest price paid for a home in these neighbourhoods in 2017 was $160,000 for a home on Beaverbrook Street. The highest price in 2017 was $2,460,000 for a home on Handsart Boulevard.
Total Active listings Year End 2017: 416
Total Active Listings Year End 2016: 446
Total Homes sold for the year of 2017: 324
Total Homes sold for the year of 2016: 368
Sales to Listing Ratio 2017: 76.66%
Sales to Listing Ratio 2016: 81.66%
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 Armstrong’s Point, Crescentwood, River Heights North, Middle and South, Tuxedo 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: 21.66
Average days to sell a home 2016: 27.33
Average sale price 2017: $552,040
Average sale price 2016: $496,655
Lowest sale price for the year 2017: $160,000 Beaverbrook Street
Highest sale price for the year 2017: $2,460,000 Handsart Boulevard
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