Listings were down but average home sale prices were up for March 2017 in the Winnipeg neighbourhoods of Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, and Waverly West, compared to the same month last year.
There were 110 active home listings in Winnipeg MLS areas 1Q, 1R and 1S in March 2017 as compared to 121 listings in March 2016, and the average days required to sell a home dropped from 43.67 last March to 17.67 days in March 2017.
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Home sales numbers decreased from 45 to 37 in Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, and Waverly West from March 2016 to March 2017, and the average home sale price rose from $409,115 to $433,365.
The highest price paid for a home in MLS areas 1Q, 1R and 1S in in March 2017 was $1,300,000 for a home on Montpelier Point. The lowest price paid was $175,000 for a home on La Maire Street.
Total Active listings Month of March 2017: 110
Total Active Listings Month of March 2016: 121
Total Homes sold Month of March 2017: 37
Total Homes sold Month of March 2016: 45
Sales to Listing Ratio March 2017: 54.67%
Sales to Listing Ratio March 2016: 94.33%
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 you would like a Free Home Value Appraisal in Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, Waverly West 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: 17.67
Average days to sell a home March 2016: 43.67
Average sale price Month of March 2017: $433,365
Average sale price Month of March 2016: $409,115
Lowest sale price Month of March 2017: $175,000 La Maire Street
Highest sale price Month of March 2017: $1,300,000 Montpelier Point
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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