MLS listings went up while sales and sale prices went down in the month of June 2018 for the Winnipeg neighbourhood of MLS area Linden Ridge.
The average selling price of homes went down approximately 15% with the average being $511,854 compared to $603,459 in June 2017. On average a residence took 10 days more to sell in June 2018 as compared to the average of 7 days in June 2017.
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There were 13 active listings in Winnipeg MLS area 1M at the end of June 2018 as compared to 5 at the end of June 2017, and 12 homes sold in June 2018 as compared to 13 in 2017. The sales-to-listing ratio decreased from 260% in June 2017 to 92% in June 2018.
The highest price paid in June 2018 for a home in the neighbourhood of Linden Ridge was $610,000 for a home on Tangle Ridge Crescent. The lowest sale price belonged to a home on Wallingford Crescent, which closed at $468,000.
Total active listings June 2018: 13
Total active listings June 2017: 5
Total homes sold June 2018: 12
Total homes sold June 2017: 13
Sales to listing ratio June 2018: 92%
Sales to listing ratio June 2017: 260%
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 Linden Ridge. 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 June 2018: 17
Average days to sell a home June 2017: 7
Average sale price June 2018: $511,854
Average sale price June 2017: $603,459
Lowest sales price June 2018: $468,000 Wallingford Crescent
Highest sales price June 2018: $610,000 Tangle Ridge Crescent
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