Real estate changes were not too intense from 2017 to 2018 in the Winnipeg neighbourhoods of Fort Richmond, Linden Ridge, Linden Woods and Charleswood with total homes sold down and average home sale price and number of listings up.
Total active MLS listings at year end were up from 315 in 2017 to 348 in 2018 in Winnipeg MLS areas 1K, 1L, 1M and 1N and total home sales were down from 266 to 242. The sales-to-listing ratio went down a bit, moving from 83.5 percent in 2017 to 67.25 percent in 2018.
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The average home sale price in Fort Richmond, Linden Ridge, Linden Woods and Charleswood was up slightly in from $479,724 in 2017 to $483,648 in 2018.
The highest priced home sold in these neighbourhoods in 2018 was located on Royal Crest Drive and closed at $1,422,000. The lowest price paid for a home in these neighbourhoods in 2018 was $240,000 for a home on Lafayette Bay.
Total active listings year end December 2018: 348
Total active listings year end December 2017: 315
Total homes sold for the year of 2018: 242
Total homes sold for the year of 2017: 266
Sales to listing ratio 2018: 67.25%
Sales to listing ratio 2017: 83.5%
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 St. Vital, Bright Oaks, Elm Park, Norberry, Pulberry, River Pointe, Van Hull Estates, Meadowood, River Park South, Dakota Crossing, Southglen 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 2018: 22
Average days to sell a home 2017: 28.25
Average sale price year end 2018: $483,648
Average sale price year end 2017: $479,724
Lowest sale price for the year 2018: $240,000 Lafayette Bay
Highest sale price for the year 2017: $1,422,000 Royal Crest 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!
This information is courtesy of: The Michael Leclerc Home Selling TeamRoyal LePage Top Producers
Winnipeg MB
Phone: (204) 792-6453
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