February MLS unit sales were up 3.3% while the average selling price was down 4.3% in comparison to the same month last year. The MLS inventory remains steady with only .5% more to choose from at this time than last year.
Active listings, February 2016: 209
Active listings, February 2015: 208
New listings for the month of February 2016: 95
Homes sold for the month of February 2016: 93
Homes sold for the month of February 2015: 90
Sales to listing ratio, February 2016: 64%
Sales to listing ratio, February, 2015: 55%
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. If you would like a Free Home Value Appraisal in East Kildonan, Fraser’s Grove, Valhalla , Valley Gardens, North Kildonoan, River East, Algonquine Park, all Seasons Estate, Eaglemere, Harour View South, Ildonan Meadows, Lakeside Meadows, Mission Gardens , Transcona, East St. Paul, and Birdshill, please Contact Us or Call (204) 792-6453. We track the market closely and you can too with Winnipeg Market Tracker.
Average days to sell a home, February 2016: 28
Average days to sell a home, February 2015: 18
Average sales price, February 2016: $290,984
Average sales price, February 2015: $303,871
Lowest sales price for the month: $86,500, Harbison Avenue
Highest sales price for the month: $640,000, Mariners Way
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This information is courtesy of: The Michael Leclerc Home Selling TeamRoyal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453