Average home prices up, sales down in Charleswood, Westdale and River West Park

The average selling price for homes in Winnipeg MLS areas 1F, 1G and 1H, which includes the neighbourhoods of  Charleswood, Westdale and River West Park, was up seven percent to $357,394 in October 2016 as compared to $333,124 in October 2015. Active listings were down only slightly from the previous October at 53 compared to 57 in 2015 but home sales in these neighbourhoods were down almost 50 percent from 25 in October 2015 to 13 in October 2016. The average number of days required to sell a home Charleswood, Westdale and River West Park was also down from 40 days in 2015 to 35.5 days in 2016. Home sale prices ranged from $53,000 to $457,733.

Active listings October 2016: 53
Active Listings October 2015: 57

Homes sold for the month of October 2016: 13
Homes sold for the month of October 2015: 25

Sales to Listing Ratio 2016: 32%
Sales to Listing Ratio 2015: 48%

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 Charleswood, Westdale, River West Park  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 October 2016: 35.5
Average days to sell a home October 2015: 40

Average sale price October 2016: $357,394
Average sale price October 2015: $333,124

Lowest sale price for the month of October 2016: $53,000 Hammond Road
Highest sale price for the month of October 2016: $457,733 Joynson Crescent

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