MLS Listings and home sales in the Winnipeg neighbourhoods of Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts, Osborne Village and Riverview were down in August 2017 as compared to August 2016, and the number of days required to sell a home in these neighbourhoods decreased during the same period.
It took an average of 18.75 days to sell a home in Winnipeg MLS areas 1A, 1Aw, 1B and 1Bw in August 2016. That number increased to 13.75 days in August 2017. Home sales decreased from 41 in August 2016 to 22 in August 2017.
Total active listings in Corydon, Crescentwood, Fort Rouge, Fort Rouge West, Lord Roberts and Osborne Village were down in August 2017 to 10, compared to 29 in August 2016. Average home selling prices in these neighbourhoods increased from $257,254 in 2016 to $294,315 in 2017 during this period.
The lowest home sale price for August 2017 came in at $179,900 for a home on Carter Avenue while the highest price paid was for a home on Montgomery Avenue that changed hands for $388,000.
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Total Active listings August 2017: 10
Total Active Listings August 2016: 29
Total Homes sold August 2017: 22
Total Homes sold August 2016: 41
Sales to Listing Ratio August 2017: 229.25%
Sales to Listing Ratio August 2016: 152.75%
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 Cresentwood, Fort Rouge, Fort Rouge West, Lord Roberts, Osborne Village and Riverview 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 August 2017: 13.75
Average days to sell a home August 2016: 18.75
Average sale price August 2017: $294,315
Average sale price August 2016: $257,254
Lowest sale price month of August 2017: $179,900 Carter Avenue
Highest sale price for month of August 2017: $388,000 Montgomery Avenue
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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