Average home prices up slightly in Winnipeg MLS areas 4D, 4E, 4F, 4G

The average home price in 2016 was up in the Winnipeg neighbourhoods of Margaret Park, Scotia Heights, West Kildonan, Riverbend, Riverdale, River Grove, Amber Trails, Garden City, Old Kildonan and Parkway Village, but year-end listings and total home sales were down.

The average home sale price in the above neighbourhoods, which are included in Winnipeg MLS areas 4D, 4E, 4F, 4G, was $312,948 in 2016, as compared to $307,554 in 2015. There were 510 homes sold in these neighbourhoods in 2016, two less than in 2015, when 512 homes were sold. Year-end listings were actually down quite a bit, coming in at 734 in 2016 as compared to 849 in 2015.

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The average days required to sell a home in Winnipeg MLS areas 4D, 4E, 4F, 4G in 2016 was 29.5 days, down slightly from 30.5 days in 2015.

The highest price paid for a home in 2016 in the neighbourhoods of Margaret Park, Scotia Heights, West Kildonan, Riverbend, Riverdale, River Grove, Amber Trails, Garden City, Old Kildonan and Parkway Village was $514,955, for a home on Angela Everts Drive. The lowest price paid for a home in these neighbourhoods in 2016 was $104,900 for a home on Madeline Street.

Total Active listings Year End December 2016: 734
Total Active Listings Year End December 2015: 849

Total Homes sold for the year of 2016: 510
Total Homes sold for the year of 2015: 512

Sales to Listing Ratio 2016: 70.25%
Sales to Listing Ratio 2015: 61.5%

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 Margaret Park, Scotia Heights, West Kildonan, Riverbend, Riverdale, River Grove, Amber Trails, Garden City, Old Kildonan, Parkway Village 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 2016: 29.5
Average days to sell a home 2015: 30.5

Average sale price year end 2016: $312,948
Average sale price year end 2015: $307,554

Lowest sale price for the year 2016: $104,900 Madeline Street
Highest sale price for the year 2016: $514,955 Angela Everts 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!