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The average selling price of homes went down approximately 17% with the average being $545,319 in April 2023 compared to $640,001 in April 2022. On average a residence took 15 days to sell in April 2022 as compared to 31 days in April 2023.
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There were 65 active listings in Winnipeg MLS area 1C in River Heights at the end of April 2023 compared to 8 at the end of April 2022 and 15 homes sold in April 2022 compared to 42 in April 2023.
The sales-to-listing ratio was down to 65% in April 2023 compared to 188% in April 2022.
The highest price paid in April 2023 for a home in River Heights was $1,600,00 for a home on Wellington Crescent.
The lowest sale price belonged to a house on Lindsay Street for $326,352.
Total active listings April 2023: 65
Total active listings April 2022: 8
Total homes sold April 2023: 42
Total homes sold April 2022: 15
Sales to listing ratio April 2023: 65%
Sales to listing ratio April 2022: 188%
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 allows us to more accurately set list prices on the homes we sell, while also making intelligent offers.
Average days to sell a home April 2023: 31
Average days to sell a home April 2022: 15
Average sale price April 2023: $545,319
Average sale price April 2022: $640,001
Lowest sale price April 2023: $326,352
Highest sale price April 2023:$1,600,00
This information is courtesy of…
Michael Leclerc Royal LePage
Top Producers Winnipeg MB
Phone (204) 792-6453