Maples Home Prices Increase by 2.65%

Active listings and home sales were down in May 2017 for the Winnipeg neighbourhoods of Foxwarren Estates, Maples, Maple Glen, Mandalay North and West, North Meadows, Seven Oaks Crossing, Tyndall Park, Garden Grove, Meadowview, North Meadows, Castlebury Meadows and Waterford Green, but  average selling prices were up during the same period compared to May 2016.

There were 32 homes sales in May 2016 in Winnipeg MLS areas 4H, 4J, 4K, 4L, which cover the aforementioned neighbourhoods, as compared to 26 home sales in May 2017. The average sale price for a home in these neighbourhoods in May 2016 was $304,510 as compared to $312,572 in May 2017.

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Active listings in May 2017 in the neighbourhoods of Foxwarren Estates, Maples, Maple Glen, Mandalay North & West, North Meadows, Seven Oaks Crossing, Tyndall Park, Garden Grove, Meadowview, North Meadows, Castlebury Meadows and Waterford Green came in at 46, considerably less than May 2016’s listings total of 86.

It took an average of 22.25 days to sell a home in these neighbourhoods in May 2017, while in 2016 it took 33.50 days.

The highest price for a home in these neighbourhoods in May 2017 belonged to a home on Water Ridge Path, which closed at $382,400. The lowest price paid was $250,000 for a home on Margate Road.

Total Active Listings May 2017: 46
Total Active Listings May 2016: 86

Total Homes sold for May 2017: 26
Total Homes sold for May 2016: 32

Sales to Listing Ratio May 2017: 52.00%
Sales to Listing Ratio May 2016: 53.50%

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 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 Margaret Park, Scotia Heights, West Kildonan, Riverbend, Riverdale, River Grove, Amber Trails, Garden City, Old Kildonan, Parkway Village 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: 22.25
Average days to sell a home May 2016: 33.50

Average sale price May 2017: $312,572
Average sale price May 2016: $304,510

Lowest sale price for May 2017: $250,000 Margate Road
Highest sale price for May 2016: $382,400 Water Ridge Path

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!