Average Home Prices Up in Tuxedo

Home sales and listings were down in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo in March 2017 when compared to March 2016, but the average home sale price was up.

There were 23 homes sold in Winnipeg MLS 1C, 1D and 1E in March 2017 compared to 29 in the same month in 2016. Active listings were down from 51 in March 2016 to 42 in March 2017. The average days required to sell a home was also down from 44 days in March 2016 to 8 days in March 2017.

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The average home sale price in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo in March 2017 was $804,220, which was quite an increase compared to the March 2016 average home sale price in these neighbourhoods of $554,213.

The highest price paid for a home in Winnipeg MLS areas 1C, 1D and 1E in March 2017 was $2,460,000 for a home on Handsart Boulevard. The lowest price paid for a home in these neighbourhoods was $199,900 for a home on Beaverbrook Street.

Total Active listings March 2017: 42
Total Active Listings March 2016: 51

Total Homes sold March 2017: 23
Total Homes sold March 2016: 29

Sales to Listing Ratio 2016: 27.67%
Sales to Listing Ratio 2015: 97.33%

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 yo u would like a Free Home Value Appraisal in Armstrong’s Point, Crescentwood, River Heights North, Middle and South, Tuxedo 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 March 2017: 8.67
Average days to sell a home March 2016: 44.33

Average sale price March 2017: $804,220
Average sale price March 2016: $554,213

Lowest sale price for January 2017: $170,000 Lindsay Street
Highest sale price for January 2017: $1,565,077 Ike Kraut Place

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!