Listings and sales up, sale prices down in Armstrong’s Point, Winnipeg

MLS listings and sales went up while sale prices went down in the month of May 2018 for the Winnipeg neighbourhood of MLS area Armstrong’s Point.

The average selling price of homes went down approximately 3.2% with the average being $459,446 compared to $474,449 in May 2017. On average a residence took 1 day less to sell in May 2018 as compared to the average of 18 days in May 2017.

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There were 33 active listings in Winnipeg MLS area 1C at the end of May 2018 as compared to 30 at the end of May 2017, and 26 homes sold in May 2018 as compared to 24 in 2017. The sales-to-listing ratio decreased from 80% in May 2017 to 79% in May 2018.

The highest price paid in May 2018 for a home in the neighbourhood of Armstrong’s Point was $747,000 for a home on Middle Gate. The lowest sale price belonged to a home on Centennial Street, which closed at $187,900.

Total active listings May 2018: 33
Total active listings May 2017: 30

Total homes sold May 2018: 26
Total homes sold May 2017: 24

Sales to listing ratio May 2018: 79%
Sales to listing ratio May 2017: 80%

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 Armstrong’s Point.  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 May 2018: 17
Average days to sell a home April 2017: 18

Average sale price May 2018: $459,446
Average sale price May 2017: $474,449

Lowest sales price May 2018: $187,000 Centennial Street
Highest sales price May 2018: $747,000 Middle Gate

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