Listings and sales up in East Kildonan, Elmwood, Fraser’s Grove, but average home price down

Total home listings and sales were up for November 2017 in the Winnipeg neighbourhoods of East Kildonan, Elmwood, East Elmwood, Morse Place, Elmwood Park, Fraser’s Grove and Glenelm as compared to the same month last year, but the average home sale price was down.

There were 88 active listings in Winnipeg MLS areas 3A, 3B, 3C and 3D in November 2017 as compared to 79 listings in November 2016 and there were 45 homes sold in November 2017 as compared to 31 in the same month last year

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The average home sale price dropped from $230,949 in November 2016 to $220,631 in November 2017, but the days required to sell a home increased from 24.5 days last November to 34.25 days in November 2017.

The highest price paid for a home in November 2017 in MLS areas 3A, 3B, 3C and 3D was $315,000 for a home on Green Avenue. The lowest price paid was $91,500 for a home on Jamison Avenue.

Total Active listings November 2017: 88
Total Active Listings November 2016: 79

Total Homes sold for November 2017: 45
Total Homes sold for November 2016: 31

Sales to Listing Ratio 2017: 60%
Sales to Listing Ratio 2016: 72.25%

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 East Kildonan, Elmwood, Bronx Park, Elmwood Park, Fraser’s Grove, Glenelm, Valhalla, Valley Gardens 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 November 2017: 34.25
Average days to sell a home November 2016: 24.5

Average sale price November 2017: $220,631
Average sale price November 2016: $230,949

Lowest sale price for November 2017: $91,500 Jamison Avenue
Highest sale price for November 2017: $315,000 Green Avenue

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