The average home price in the Winnipeg neighbourhoods of Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo was up from $462,206 in November 2015 to $496,655 in November 2016.
The sales-to-listing ratio was also up for the year in Winnipeg MLS areas 1C, 1D, and 1E, from 66.66% in 2015 to 81.66%. This was based on 368 home sales from 446 listings in 2016 as compared to 370 sales from 534 listings in 2015.
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The average days required to sell a home in these neighbourhoods increased from 23.66 days in 2015 to 27.33 days in 2016.
The highest home sale price of 2016 in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo came in at $1,450,000 for a home on Chataway Boulevard. The lowest home sale price in 2016 belonged to a home on Beaverbrook Street that closed at $182,500.
Total Active listings Year End December 2016: 446
Total Active Listings Year End December 2015: 534
Total Homes sold for the year of 2016: 368
Total Homes sold for the year of 2015: 370
Sales to Listing Ratio 2016: 81.66%
Sales to Listing Ratio 2015: 66.66%
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 Armstrong’s Point, Crescentwood, River Heights North, Middle and South, Tuxedo 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: 27.33
Average days to sell a home 2015: 23.66
Average sale price November 2016: $496,655
Average sale price November 2015: $462,206
Lowest sale price for the year 2016: $182,500 Beaverbrook Street
Highest sale price for the year 2016: $1,450,000.00 Chataway Boulevard
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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