Listings, sales and sale prices up in Fort Richmond

MLS listings, sales and sale prices went up in the month of May 2018 for the Winnipeg neighbourhood of MLS area Fort Richmond.

The average selling price of homes went up approximately 4.9% with the average being $371,115 compared to $353,000 in May 2017. On average a residence took 5 days more to sell in May 2018 as compared to the average of 13 days in May 2017.

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There were 14 active listings in Winnipeg MLS area 1K at the end of May 2018 as compared to 12 at the end of May 2017, and 13 homes sold in May 2018 as compared to 10 in 2017. The sales-to-listing ratio increased from 83% in May 2017 to 93% in May 2018.

The highest price paid in May 2018 for a home in the neighbourhood of Fort Richmond was $395,000 for a home on Hadley Place. The lowest sale price belonged to a home on Avila Avenue, which closed at $330,000.

Total active listings May 2018: 14
Total active listings May 2017: 12

Total homes sold May 2018: 13
Total homes sold May 2017: 10

Sales to listing ratio May 2018: 93%
Sales to listing ratio May 2017: 83%

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 allows 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 Richmond.  Please Contact Us or Call (204) 792-6453. We track the market closely and you can too with Winnipeg Market Tracker.

Average days to sell a home May 2018: 18
Average days to sell a home April 2017: 13

Average sale price May 2018: $371,115
Average sale price May 2017: $353,000

Lowest sales price May 2018: $330,000 Avila Avenue
Highest sales price May 2018: $395,000 Hadley Place

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