Maples MLS Market Sees Consistent August

Active listings and home sales were down in August 2017 for the Winnipeg neighbourhoods of Foxwarren Estates, Maples, Maple Glen, Mandalay North and West, North Meadows, Seven Oaks Crossing, Tyndall Park, Garden Grove, Meadowview, North Meadows, Castlebury Meadows and Waterford Green, average selling prices remained steady during the same period compared to August 2016.

There were 27 homes sales in August 2016 in Winnipeg MLS areas 4H, 4J, 4K, 4L, which cover the aforementioned neighbourhoods, as compared to 23 home sales in August 2017. The average sale price for a home in these neighbourhoods in August 2016 was $313,600 as compared to $313,958 in August 2017.

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Active listings in August 2017 in the neighbourhoods of Foxwarren Estates, Maples, Maple Glen, Mandalay North & West, North Meadows, Seven Oaks Crossing, Tyndall Park, Garden Grove, Meadowview, North Meadows, Castlebury Meadows and Waterford Green came in at 64, considerably less than August 2016’s listings total of 81.

It took an average of 22.25 days to sell a home in these neighbourhoods in August 2017, while in 2016 it took 33.50 days.

The highest price for a home in these neighbourhoods in August 2017 belonged to a home on Oakstone Place, which closed at $395,000. The lowest price paid was $185,000 for a home on Manor House Court.

Total Active Listings August 2017: 64
Total Active Listings August 2016: 81

Total Homes sold for August 2017: 23
Total Homes sold for August 2016: 27

Sales to Listing Ratio August 2017: 42.5%
Sales to Listing Ratio August 2016: 42.75%

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 Margaret Park, Scotia Heights, West Kildonan, Riverbend, Riverdale, River Grove, Amber Trails, Garden City, Old Kildonan, Parkway Village 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: 17.25
Average days to sell a home August 2016: 24.75

Average sale price August 2017: $313,958
Average sale price August 2016: $313,600

Lowest sale price for August 2017: $185,000 Manor Court House
Highest sale price for August 2016: $395,000 Oakstone Place

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