Real estate activity down in 2016 for Assiniboine Woods, Charleswood, River West Park, Westdale

Listings and sales were down in 2016 in the Winnipeg neighbourhoods of Assiniboine Woods, Charleswood, River West Park and Westdale when compared to 2015.

There were 232 homes sold in Winnipeg MLS areas 1F, 1G and 1H in 2016 as compared to 255 sales in 2015. Listings were down from 368 to 362 and the average days required to sell a home also pointed to a tougher market scenario, up from 26 days in 2015 to 29 in 2016.

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On a brighter note, the average sale price for homes in Assiniboine Woods, Charleswood, River West Park and Westdale in November 2016 was up over November 2015, with the average price in 2016 coming in at $384,962 compared to $372,814 in 2015.

The highest home sale price in Winnipeg MLS areas 1F, 1G and 1H in 2016 was $925,000 for a home on McDowell Drive. The lowest price paid for a home in these areas was $160,000 for a home on Elmhurst Road.

Total Active listings Year End December 2016: 362
Total Active Listings Year End December 2015: 369

Total Homes sold for the year of 2016: 232
Total Homes sold for the year of 2015: 255

Sales to Listing Ratio 2016: 59%
Sales to Listing Ratio 2015: 68.33%

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 yo u would like a Free Home Value Appraisal in Assiniboine Woods, Charleswood, River West Park, Westdale 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
Average days to sell a home 2015: 26

Average sale price November 2016: $384,962
Average sale price November 2015: $372,814

Lowest sale price for the year 2016: $160,000 Elmhurst Road
Highest sale price for the year 2016: $925,000.00 McDowell Drive

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