The average home sale price was down in January 2017 in the Winnipeg neighbourhoods of Fort Rouge, Riverview, Fort Rouge West, Lord Roberts, Crescentwood, Osborne Village and Corydon as compared to January 2016, and the number of days required to sell a home in these neighbourhoods dropped dramatically.
It took an average of 53.25 days to sell a home in Winnipeg MLS areas 1A, 1AW, 1B and 1BW in January 2016. That number dropped to 22.75 days in January 2017. The average home sale price also dropped from $256,375 in January 2016 to $253,727 in January 2017.
Total active listings in Fort Rouge, Riverview, Fort Rouge West, Lord Roberts, Crescentwood, Osborne Village and Corydon were up in January 2017 to 18, compared to 13 in January 2016. Total sales were also up slightly in these neighbourhoods from nine in January 2016 to 10 in January 2017.
The lowest home sale price for January 2017 came in at $187,000 for a home on Nassau Street S. while the highest price paid was for a home on Jessie Street that changed hands for $345,000.
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Total Active listings January 2017: 18
Total Active Listings January 2016: 13
Total Homes sold January 2017: 10
Total Homes sold January 2016: 9
Sales to Listing Ratio 2016: 79.25%
Sales to Listing Ratio 2015: 117.5%
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 Fort Rouge, Riverview, Fort Rouge West, Lord Roberts, Crescentwood, Osborne Village, Corydon 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 January 2017: 22.75
Average days to sell a home January 2016: 53.25
Average sale price January 2017: $253,727
Average sale price January 2016: $256,375
Lowest sale price month of January 2017: $187,000 Nassau Street S
Highest sale price for month of January 2017: $345,000 Jessie Street
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