February was an active month in River Heights, Forty Whyte, St. Norbert and other areas of south west Winnipeg. During this period MLS home sales were up by 49% compared to February 2015 despite there being 11.3% less homes on the market. Homes changing hands did sell for an average of 9.1% less than 2015.
Active listings, February 2016: 244
Active listings, February 2015: 272
New listings for the month of February 2016: 101
Homes sold for the month of February 2016: 115
Homes sold for the month of February 2015: 77
Sales to listing ratio, February 2016: 83%
Sales to listing ratio, February, 2015: 56%
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 Fort Rouge, Crescentwood, Osbourne Village, River Heights, Tuxedo, Assiniboine Woods, Charleswood, Westdale, Fort Garry, Wildwood, Fort Richmond, University Heights, Linden Ridge, Linden Woods, Fort Whyte, Grandmont Park, St. Norbert and Bridgewater Forest, 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: 24
Average days to sell a home, February 2015: 30
Average sales price, February 2016: $367,521
Average sales price, February 2015: $404,340
Lowest sales price for the month: $150,000, Radisson Avenue
Highest sales price for the month: $1,056,250, Trailside 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
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