Listings and sales were both down in February 2017 as compared to the same month last year in Winnipeg MLS areas 3A, 3B, 3C and 3D, which includes the neighbourhoods of East Kildonan, Elmwood, Bronx Park, Fraser’s Grove, Glenelm and Valhalla.
There were 25 homes sold in the above neighbourhoods in February 2017 as compared to 41 sold in the same month last year. Listings were also down from 56 in February 2016 to 49 in February 2017. Average days on market in February 2017 remained steady in comparison to February 2016.
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On a brighter note, the average home sale prices were up in East Kildonan, Elmwood, Bronx Park, Fraser’s Grove, Glenelm, Valhalla, for February 2017, coming in at $224,031 as compared to $221,809 in the same month last year.
The highest price paid for a home in Winnipeg MLS areas 3A, 3B , 3C and 3D price came in at $294,000 for a home on Johnson Avenue.
Total Active Listings Month of February 2017: 49
Total Active Listings Month of February 2016: 56
Total Homes sold Month of February 2017: 25
Total Homes sold Month of February 2016: 41
Sales to Listing Ratio 2017: 50.5%
Sales to Listing Ratio 2016: 83.25%
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 East Kildonan, Elmwood, Bronx Park, Elmwood Park, Fraser’s Grove, Glenelm, Valhalla, Valley Gardens 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 February 2017: 26.5
Average days to sell February 2016: 27
Average sale price Month of February 2017: $224,031
Average sale price Month of February 2016: $221,809
Lowest sale price for Month of February 2017: $105,000, Tweed Avenue
Highest sale price for Month of February 2017: $294,000, Johnson Avenue
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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