Home sales and average home sale prices were up and listings were down by the end of 2016 in Winnipeg MLS areas 2C, 2D, 2E and 2F, which includes the neighbouhoods of St. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing and Southglen.
There were 734 homes sold in Winnipeg MLS areas 2C, 2D, 2E and 2F in 2016 as compared to 708 home sold in 2015 and there were 910 active listings in these areas at the end of 2016 as compared to 1,043 listings at the end of 2015.
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The average home sale price in St. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing and Southglen increased from $314,365 in 2015 to $324,241 in 2016, and the average days required to sell a home dropped from 22.75 in 2015 to 20.75 in 2016.
The highest price paid for a home in Winnipeg MLS areas 2C, 2D, 2E and 2F in 2016 was $1,650,000 for a home on River Road. The lowest sale price belonged to a home on Berrydale Avenue that closed at $100,000.
Total Active listings Year End December 2016: 910
Total Active Listings Year End December 2015: 1043
Total Homes sold for the year of 2016: 734
Total Homes sold for the year of 2015: 708
Sales to Listing Ratio 2016: 83.5%
Sales to Listing Ratio 2015: 71.25%
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 St. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing, Southglen 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 2016: 20.75
Average days to sell a home 2015: 22.75
Average sale price year end 2016: $324,241
Average sale price year end 2015: $314,365
Lowest sale price for the year 2016: $100,000 Berrydale Avenue
Highest sale price for the year 2016: $1,650,000 River 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