Home Prices up in Bridgwater

Listings were down but average home sale prices were up for April  2017 in the Winnipeg neighbourhoods of Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert,  and Waverly West, compared to the same month last year.

There were 109 active home listings in Winnipeg MLS areas 1Q, 1R and 1S in April  2017 as compared to 125 listings during the same period last year, and the average days required to sell a home dropped from 27.34 last April  to 16 days in April  2017.

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Home sales numbers decreased from 60 in April 2016 to 48 in 2017 in Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, and Waverly West , and the average home sale price rose from $389,222 to $396,744.

The highest price paid for a home in MLS areas 1Q, 1R and 1S in in April  2017 was $878,000 for a home on Creekside Road . The lowest price paid was $185,000 for a home on Gendreau Avenue .

Total Active listings Month of April  2017: 109
Total Active Listings Month of April  2016: 125

Total Homes sold Month of April  2017: 48
Total Homes sold Month of April  2016: 60

Sales to Listing Ratio April  2017: 55.34%
Sales to Listing Ratio April  2016: 52.67%

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 Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert,  Waverly West  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 April  2017: 16.0
Average days to sell a home April  2016: 27.34

Average sale price Month of April  2017: $396,744
Average sale price Month of April  2016: $389,222

Lowest sale price Month of April  2017: $185,000 Gendreau Avenue
Highest sale price Month of April  2017: $878,000 Creekside Road

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!