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

MLS listings went down while sales and sale prices went up in the month of May 2021 in the Winnipeg neighbourhood of Niakwa Park.

The average selling price of homes went up approximately 17% with the average being $391,178 compared to $322,250 in May 2020. On average a residence took 13 days less to sell in May 2021 as compared to 22 days in May 2020.

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There were 4 active listings in Winnipeg MLS area 2G at the end of May 2021 as compared to 6 at the end of May 2020, and 28 homes sold in May 2021 compared to 12 in May 2020. The sales-to-listing ratio was 700% in May 2021 compared to 200% in May 2020.

The highest price paid in May 2021 for a home in the neighbourhood of Niakwa Park was $487,500 for a home on Shady Shores Drive E. The lowest sale price belonged to a home on Oakmont Avenue, which closed at $195,000.

Total active listings May 2021: 4
Total active listings May 2020: 6

Total homes sold May 2021: 28
Total homes sold May 2020: 12

Sales to listing ratio May 2021: 700%
Sales to listing ratio May 2020: 200%

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 May 2021: 9
Average days to sell a home May 2020: 22

Average sale price May 2021: $391,178
Average sale price May 2020: $322,250

Lowest sales price May 2021: $195,000 Oakmont Avenue
Highest sales price May 2020: $487,500 Shady Shores Drive E

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