There were 11 active listings in Winnipeg MLS areas 1M, 1N and 1P in August 2017 compared to 21 listings in August 2016. The average home sale price was down considerably from $964,398 in 2016 to $631,080 in August 2017.
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The average days required to sell a home was up from 23.3 days in August 2016 to 104.34 days in August 2017.
The top home sale price in Winnipeg MLS areas 1M, 1N and 1P in August 2017 was $1,140,000 for a home on Kingsbridge Court. The lowest price belonged to a home on Eglinton Crescnet that closed at $400,000.
Total Active listings August 2017: 11
Total Active Listings August 2016: 21
Total Homes sold for August 2017: 14
Total Homes sold for August 2016: 17
Sales to Listing Ratio August 2017: 119.34%
Sales to Listing Ratio August 2016: 72.67%
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 Charleswood, Fort Whyte, Linden Ridge, Linden Woods, Whyte Ridge 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 August 2017: 104.34
Average days to sell a home August 2016: 23.3
Average sale price August 2017: $631,080
Average sale price August 2016: $964,398
Lowest sale price for August 2017: $400,000 Eglinton Crescent
Highest sale price for August 2017: $1,140,000 Kingsbridge Court
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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