Home sales and prices up in Linden Ridge, Linden Woods, Charleswood, Fort Whyte and Whyte Ridge

Home sales and average home prices were up substantially in Winnipeg MLS areas 1M, 1N and 1P in 2016 when compared to 2015.

There were 300 homes sales in the neighbourhoods of Linden Ridge, Linden Woods, Charleswood, South Charleswood, Fort Whyte and Whyte Ridge in 2016 compared to only 193 home sales in these neighbourhoods in 2015.

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The average home sale price in Winnipeg MLS areas 1M, 1N and 1P was up from $475,547 in 2015 to $725,782 in 2016 and the average days required to sell a home in these neighbourhoods was down from 34.3 days in 2015 to 21 days in 2016. There was obviously some good demand for homes in these neighbourhoods.

The lowest price paid for a home in Linden Ridge, Linden Woods, Charleswood, South Charleswood, Fort Whyte and Whyte Ridge in 2016 was $370,000 for a home on Castlebury Court. The highest price paid was for a home on Loudon Road, which closed at $2 million.

Total Active listings Year End December 2016: 252
Total Active Listings Year End December 2015: 249

Total Homes sold for the year of 2016: 300
Total Homes sold for the year of 2015: 193

Sales to Listing Ratio 2016: 67.66%
Sales to Listing Ratio 2015: 72%

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 Linden Ridge, Linden Woods, Charleswood, South Charleswood, Fort Whyte, 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 2016: 21
Average days to sell a home 2015: 34.33

Average sale price year end 2016: $725,782.67
Average sale price year end 2015: $475,547

Lowest sale price for the year 2016: $370,000 Castlebury Court
Highest sale price for the year 2016: $2,000,000 Loudoun Road

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