Listings and sales down, sale prices up in Niakwa Park, Winnipeg

MLS listings and sale went down while sale prices went up in the month of October 2020 in the Winnipeg neighbourhood of Niakwa Park.

The average selling price of homes went up approximately 15% with the average being $344,954 compared to $294,695 in October 2019. On average a residence took 7 days more to sell in October 2020 as compared to 20 days as well in October 2019.

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There were 5 active listings in Winnipeg MLS area 2G at the end of October 2020 as compared to 12 at the end of October 2019, and 13 homes sold in October 2020 compared to 20 in October 2019. The sales-to-listing ratio was 260% in October 2020 compared to 167% in October 2019.

The highest price paid in October 2020 for a home in the neighbourhood of Niakwa Park was $575,000 for a home on Shady Shores Drive W. The lowest sale price belonged to a home on Elizabeth Road, which closed at $226,000.

Total active listings October 2020: 5
Total active listings October 2019: 12

Total homes sold October 2020: 13
Total homes sold October 2019: 20

Sales to listing ratio October 2020: 260%
Sales to listing ratio October 2019: 167%

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 Niakwa Park.  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 October 2020: 27
Average days to sell a home October 2019: 20

Average sale price October 2020: $344,954
Average sale price October 2019: $294,695

Lowest sales price October 2020: $226,000 Elizabeth Road
Highest sales price October 2020: $575,000 Shady Shores Drive W

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