Listings down, sales and sale prices up in Algonquin Park

MLS listings went down while sales and sale prices went up in the month of February 2019 in the Winnipeg neighbourhood of Algonquin Park.

The average selling price of homes went up approximately 20% with the average being $323,080 compared to $256,167 in February 2018. On average a residence took 2 days more to sell in February 2019 as compared to 3 days in February 2018.

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There were 7 active listings in Winnipeg MLS area 3G at the end of February 2019 as compared to 9 at the end of February 2019, and 5 homes sold in February 2019 as compared to 3 in 2018. The sales-to-listing ratio was 71% in February 2019 compared to 33% in February 2018.

The highest price paid in February 2019 for a home in the neighbourhood of Algonquin Park was $549,000 for a home on Eastwood Drive. The lowest sale price belonged to a home on Gilmore Avenue, which closed at $260,000.

Total active listings February 2019: 7
Total active listings February 2019: 9

Total homes sold February 2019: 5
Total homes sold February 2018: 3

Sales to listing ratio February 2019: 71%
Sales to listing ratio February 2018: 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 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 Park.  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 2019: 23
Average days to sell a home February 2018: 11

Average sale price February 2019: $323,080
Average sale price February 2018: $256,167

Lowest sales price February 2019: $260,000 Gilmore Avenue
Highest sales price February 2018: $549,000 Eastwood Drive

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!