Listings up, sales and sale prices down in River Heights

MLS listings went up while sales and sale prices went down up in the month of March 2019 in the Winnipeg neighbourhood of River Heights.

The average selling price of homes went down approximately 16% with the average being $362,197 compared to $432,495 in March 2018. On average a residence took 5 days more to sell in March 2019 as compared to 9 days in March 2018.

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There were 7 active listings in Winnipeg MLS area 1D at the end of March 2019 as compared to 6 at the end of March 2019, and 7 homes sold in March 2019 as compared to 9 in 2018. The sales-to-listing ratio was 100% in March 2019 compared to 150% in March 2018.

The highest price paid in March 2019 for a home in the neighbourhood of River Heights was $420,000 for a home on Waterloo Street. The lowest sale price belonged to a home on Cambridge Street, which closed at $305,000.

Total active listings March 2019: 7
Total active listings March 2019: 6

Total homes sold March 2019: 7
Total homes sold March 2018: 9

Sales to listing ratio March 2019: 100%
Sales to listing ratio March 2018: 150%

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 River Heights.  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 March 2019: 14
Average days to sell a home March 2018: 9

Average sale price March 2019: $362,700
Average sale price March 2018: $336,900

Lowest sales price March 2019: $170,000 McMillan Avenue
Highest sales price March 2018: $349,900 Garwood Avenue

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!