There were 12 active listings in Winnipeg MLS areas 1M, 1N and 1P in May 2017 compared to 28 listings in May 2016. The average home sale price was down considerably from $727,294 in 2016 to $476,789 in May 2017.
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The average days required to sell a home was up from 11 days in May 2016 to 19 days in May 2017.
The top home sale price in Winnipeg MLS areas 1M, 1N and 1P in May 2017 was $845,000 for a home on Shoreline Drive. The lowest price belonged to a home on Burlington Way that closed at $369,000.
Total Active listings May 2017: 12
Total Active Listings May 2016: 28
Total Homes sold for May 2017: 28
Total Homes sold for May 2016: 35
Sales to Listing Ratio May 2017: 206.67%
Sales to Listing Ratio May 2016: 105.00%
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 Charleswood, Fort Whyte, Linden Ridge, Linden Woods, Whyte Ridge 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 May 2017: 19
Average days to sell a home May 2016: 11
Average sale price May 2017: $476,789
Average sale price May 2016: $727,294
Lowest sale price for May 2017: $369,000 Burlington Way
Highest sale price for May 2017: $845,000 Shoreline Drive
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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