Average home prices up for 2017 in Fort Garry, Fort Richmond, Waverley Heights

Everything but the average home sale price was down in 2017 for the Winnipeg neighbourhoods of Fort Garry, East Fort Garry, West Fort Garry, Fort Richmond, Waverley Heights, Wildwood and University Heights, but the decreases were slight.

There were 352 total active listings by year’s end in December 2017 in the Winnipeg MLS areas of 1J, 1JW,1K and 1L as compared to 355 the year before and 295 homes sold in these areas in 2017 as compared to 300 in 2016. The average days required to sell a home also dropped from 20.25 days to 16.75 days.

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The average home sale price for 2017 in Fort Garry, East Fort Garry, West Fort Garry, Fort Richmond, Waverley Heights, Wildwood and University Heights was $340,314 as compared to $317,338 in 2016. The highest home sale price in these neighbourhoods in 2017 was $985,000 for a home on North Drive. The lowest price paid for a home in MLS areas 1J, 1JW,1K and 1L in 2017 was $190,000 for a home on Dumas Avenue.

Total Active listings Year End December 2017: 352
Total Active Listings Year End December 2016: 355

Total Homes sold for the year of 2017: 295
Total Homes sold for the year of 2016: 300

Sales to Listing Ratio 2017: 82.75%
Sales to Listing Ratio 2016: 85.25%

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 you would like a Free Home Value Appraisal in Fort Garry, East Fort Garry, West Fort Garry, Fort Richmond, Waverley Heights, Wildwood, University Heights 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 2017: 16.75
Average days to sell a home 2016: 20.25

Average sale price year end 2017: $340,314
Average sale price year end 2016: $317,338

Lowest sale price for the year 2017: $190,000 Dumas Avenue
Highest sale price for the year 2017: $985,000 North Drive

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!