Real estate values remain steady in Riverview, Crescentwood, Fort Rouge

Winnipeg MLS areas 1A, 1AW, 1B and 1BW October MLS sales remained similar in 2016 when compared to the same month in 2015, while inventory was down 11% from last year in October. The average selling price of a home in October 2016 was down seven percent compared to October 2015.  On average a residence took 8.25 more days to sell in October 2016 as compared to the same month last year.

Active listings, October 2016: 25

Active listings, October 2015: 28

Homes sold for the month of October 2016: 29

Homes sold for the month of October 2015: 30

Sales to listing ratio, October 2016: 114.5%

Sales to listing ratio, October 2015: 121%

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 Riverview, Fort Rouge, Crescentwood, Osborne Village 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: 27

Average days to sell a home, October 2015: 18.75

Average sales price, October 2016: $234,758

Average sales price, October 2015: $251,268

Lowest sales price for the month: $144,000 Walker Avenue

Highest sales price for the month: $335,000 Baltimore 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!