Home sales and prices up in November for River Heights, Tuxedo and Cresentwood

Home sales and home prices were up in the Winnipeg neighbourhoods of Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo in November 2017 when compared to the same month in 2016.

Thirty-one homes sold in Winnipeg MLS areas 1C, 1D and 1E in November 2017 as compared to 25 in November 2016. Interestingly, total active listings in these areas were down from 35 to 33 in the same time period.

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The average days required to sell a home in Armstrong’s Point, Crescentwood, River Heights North, Middle and South and Tuxedo was up from 19 in November 2016 to 27.66 in November 2017 and the average home sale price was also up from $427,624 to $494,939 in the same year to year monthly comparison.

The lowest price paid in November 2017 was for a home on Cambridge Street that closed at $200,000. The highest price paid in November 2017 was $1,220,000 for a home on Hopwood Boulevard.

Total Active listings November 2017: 33
Total Active Listings November 2016: 35

Total Homes sold November 2017: 31
Total Homes sold November 2016: 25

Sales to Listing Ratio November 2017: 95%
Sales to Listing Ratio November 2016: 75.33%

Average days to sell a home November 2017: 27.66
Average days to sell a home November 2016: 19

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 sale price November 2017: $494,939
Average sale price November 2016: $427,624

Lowest sale price for November 2017: $200,000 Cambridge Street
Highest sale price for November 2017: $1,220,000 Hopwood Blvd.

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