New listings on the Winnipeg MLS market seen a boost during May 2017 in Norwood, Norwood Flats and St. Boniface when compared to May 2016. Home sales in these areas during this same period were uninterrupted.
There were 20 homes sold in Winnipeg MLS 2A and 2B in May 2017 compared to 18 in the same month in 2016. Active listings were up from 18 in May 2016 to 25 in May 2017. The average days required to sell a home was down remarkably from 38 days in May 2016 to 14.5 days in May 2017. The average sale price of a home changing hands in Norwood, Norwood Flast and St. Boniface was considerably down from $331,028 in May 2016 to $275,657 in May 2017.
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The highest price paid for a home in Winnipeg MLS areas 2A and 2B in May 2017 was $650,000 for a home on Des Intrepides Promenade, while the lowest price came in at $115,000 for a home on Theo.Nuytten Street.
Total Active Listings Month of May 2017: 25
Total Active Listings Month of May 2016: 18
Total Homes sold Month of May 2017: 20
Total Homes sold Month of May 2016: 18
Sales to Listing Ratio May 2017: 82.00%
Sales to Listing Ratio May 2016: 92.50%
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 yo u would like a Free Home Value Appraisal in Norwood, Norwood Flats, St. Boniface 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 May 2017: 14.5
Average days to sell May 2016: 38
Average sale price Month of May 2017: $275,657
Average sale price Month of May 2016: $331,028
Lowest sale price for Month of May 2017: $115,000 Theo Nuytten Street
Highest sale price for Month of May 2017: $650,000 Des Intrepides Promenade
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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