Listings and sales up, sale prices down in Bright Oaks, Winnipeg

MLS listings and sales went up while sale prices went down in the month of January 2019 in the Winnipeg neighbourhood of Bright Oaks.

The average selling price of homes went down approximately 17% with the average being $316,154 compared to $381,749 in January 2018. On average a residence took 4 days more to sell in January 2019 as compared to 22 days in January 2018.

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There were 12 active listings in Winnipeg MLS area 2C at the end of January 2019 as compared to 11 at the end of January 2019, and 13 homes sold in January 2019 as compared to 8 in 2018. The sales-to-listing ratio was 108% in January 2019 compared to 73% in January 2018.

The highest price paid in January 2019 for a home in the neighbourhood of Bright Oaks was $500,000 for a home on Mardena Crescent. The lowest sale price belonged to a home on Victory Place, which closed at $229,000.

Total active listings January 2019: 12
Total active listings January 2019: 11

Total homes sold January 2019: 13
Total homes sold January 2018: 8

Sales to listing ratio January 2019: 108%
Sales to listing ratio January 2018: 73%

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 Bright Oaks.  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 January 2019: 26
Average days to sell a home January 2018: 22

Average sale price January 2019: $316,154
Average sale price January 2018: $381,749

Lowest sales price January 2019: $229,000 Victory Place
Highest sales price January 2018: $500,000 Mardena Crescent

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!