Listings and sale prices down, sales up in Silver Heights, Winnipeg

MLS listings and sale prices went down while sales went up in the month of November 2018 in the Winnipeg neighbourhood of Silver Heights.

The average selling price of homes went up approximately 29% with the average being $302,683 compared to $427,633 in November 2017. On average a residence took 22 days more to sell in November 2018 as compared to 14 days in November 2017.

 – The Mortgage Rules Have Changed Again! – 
          Learn how to take advantage and challenge the system. Click Here!

There were 12 active listings in Winnipeg MLS area 5F at the end of November 2018 as compared to 14 at the end of November 2017, and 9 homes sold in November 2018 as compared to 3 in 2017. The sales-to-listing ratio was 75% in November 2018 compared to 21% in November 2017.

The highest price paid in November 2018 for a home in the neighbourhood of Silver Heights was $388,000 for a home on Bruce Avenue. The lowest sale price belonged to a home on Baffin Crescent, which closed at $265,000.

Total active listings November 2018: 12
Total active listings November 2017: 14

Total homes sold November 2018: 9
Total homes sold November 2017: 3

Sales to listing ratio November 2018: 75%
Sales to listing ratio November 2017: 21%

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 Silver 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 November 2018: 36
Average days to sell a home November 2017: 14

Average sale price November 2018: $302,683
Average sale price November 2017: $427,633

Lowest sales price November 2018: $265,000 Baffin Crescent
Highest sales price November 2018: $388,000 Bruce 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!