Listings and sales down, sale prices up in Algonquin Estates

MLS listings and sales went up while sale prices went up in the month of September 2018 for the Winnipeg neighbourhood of MLS area Algonquin Estates.

The average selling price of homes went up approximately 4.5% with the average being $361,500 compared to $345,211 in August 2017. On average a residence took 6 days less to sell in September 2018 as compared to 36 days in September 2017.

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There were 10 active listings in Winnipeg MLS area 3H at the end of September 2018 as compared to 14 at the end of September 2017, and 4 homes sold in September 2018 as compared to 9 in 2017. The sales-to-listing ratio was 40% in September 2018 compared to 64% in September 2017.

The highest price paid in September 2018 for a home in the neighbourhood of Algonquin Estates was $485,000 for a home on Knowles Avenue. The lowest sale price belonged to a home on Dunits Drive, which closed at $276,000.

Total active listings September 2018: 10
Total active listings September 2017: 14

Total homes sold September 2018: 4
Total homes sold September 2017: 9

Sales to listing ratio September 2018: 40%
Sales to listing ratio September 2017: 64%

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 Algonquin Estates.  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 September 2018: 30
Average days to sell a home September 2017: 36

Average sale price September 2018: $361,500
Average sale price September 2017: $345,211

Lowest sales price September 2018: $276,000 Dunits Drive
Highest sales price September 2018: $485,000 Knowles 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!