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Listing, sales and sale prices went up in River Heights February 2023.
The average selling price of homes went down approximately 15.4% with the average being $510,163 in February 2023 compared to $441,911 in February 2022. On average a residence took 36 days to sell in February 2023 as compared to 25 days in February 2022.
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There were 29 active listings in Winnipeg MLS area 1C in River Heights, at the end of February compared to 8 at the end of February 2022 and 16 homes sold in February 2023 compared to 6 in February 2022. The sales-to-listing ratio was 55% in February 2023 compared to 63% in February 2022.
The highest price paid in February 2023 for a home in River Heights was $940,000 for a home on Dromore Avenue. The lowest sale price belonged to a house on Lanark Street which closed at $300,000
Total active listings February 2023: 29
Total active listings February 2022: 8
Total homes sold February 2023: 16
Total homes sold February 2022: 5
Sales to listing ratio February 2023: 55%
Sales to listing ratio February 2022: 63%
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 River Heights. 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 2023 : 36
Average days to sell a home February 2022: 25
Average sale price February 2023 : $510,163
Average sale price February 2022: $441,911
Lowest sales price February 2023 : $300,000
Highest sales price February 2022: $940,000
This information is courtesy of
Michael Leclerc Royal LePage
Top Producers Winnipeg MB
Phone (204) 792-6453
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