Positive real estate news for Winnipeg MLS areas 1A, 1AW,1B and 1BW

Total active real estate listings and homes sold remained constant from 2015 to 2016 in Winnipeg MLS areas 1A, 1AW, 1B and 1BW, which covers the neighbourhoods of Fort Rouge, Riverview, Fort Rouge West, Lord Roberts, Crescentwood, Osborne Village and Corydon.

There were 372 listings and 308 home sales in MLS areas 1A, 1AW, 1B and 1BW in 2015, as compared to 366 listings and 306 home sales in 2016.

On an even more positive note, the average home price in the Winnipeg neighbourhoods of Fort Rouge, Riverview, Fort Rouge West, Lord Roberts, Crescentwood, Osborne Village and Corydon was up from $258,152 in November 2015 to $259,456 in November 2016.

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The sales to listing ration remained constant from 2015 to 2016 at 82.25% to 83.25% respectively, while the average days required to sell a home in the above neighbourhoods dropped from 21 in 2015 to 17.25 in 2016.

The lowest home sale price in the neighbourhoods of Fort Rouge, Riverview, Fort Rouge West, Lord Roberts, Crescentwood, Osborne Village and Corydon in 2016 was $84,000 for a home on Rathgar Avenue. The highest home sale price in these neighbourhoods in 2016 was $1,350,000 for a home on Harvard Avenue.

Total Active listings Year End December 2016: 366
Total Active Listings Year End December 2015: 372

Total Homes sold for the year of 2016: 306
Total Homes sold for the year of 2015: 308

Sales to Listing Ratio 2016: 83.25%
Sales to Listing Ratio 2015: 82.25%

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 Rouge, Riverview, Fort Rouge West, Lord Roberts, Crescentwood, Osborne Village, Corydon 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 2016: 17.25
Average days to sell a home 2015: 21

Average sale price November 2016: $259,456
Average sale price November 2015: $258,152

Lowest sale price for the year 2016: $84,000 Rathgar Avenue
Highest sale price for the year 2016: $1,350,000.00 Harvard Avenue

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!