Listings up, sales and sale prices down in Southland Park

MLS listings went up while sales and sale prices went down in the month of March 2018 for the Winnipeg neighbourhood of MLS area Southland Park.

The average selling price of homes went down approximately 22.9% with the average being $431,188 compared to $559,976 in March 2017. On average a residence took 33 days less to sell compared to the average of 48 days in March 2017.

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There were 33 active listings in Winnipeg MLS area 2K at the end of March 2018 as compared to 28 at the end of March 2017, and 8 homes sold in March 2018 as compared to 14 in 2017. The sales-to-listing ratio decreased from 50 percent in March 2017 to 24 percent in March 2018.

The highest price paid in March 2018 for a home in the neighbourhood of Southland Park was $739,000 for a home on East Plains Drive. The lowest sale price belonged to a home on Linmar Way, which closed at $360,000.

Total active listings March 2018: 33
Total active listings March 2017: 28

Total homes sold March 2018: 8
Total homes sold March 2017: 14

Sales to listing ratio March 2018: 24%
Sales to listing ratio March 2017: 50%

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 Southland Park.  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 March 2018: 15
Average days to sell a home March 2017: 48

Average sale price March 2018: $431,188
Average sale price March 2017: $559,976

Lowest sales price March 2018: $360,000 Linmar Way
Highest sales price March 2018: $739,000 East Plains 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!