Home sales, listings and average home sale prices were up in the Winnipeg neighbourhoods of Grandmont Park, Richmond Lakes, St. Norbert, Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Waverley West, Richmond West, South Pointe and Fairfield Park in 2017, while the average number of a days required to sell a home was down.
Ther were 778 active listings at the end of 2017 in Winnipeg MLS areas 1Q, 1R and 1S as compared to 764 active listings in 2016 and 491 homes were sold in 2017, 10 more than in 2016 in these areas. The average home sale price also rose from $410,104 in 2016 to $420,238 in 2017.
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The average number of days required to sell a home in Grandmont Park, Richmond Lakes, St. Norbert, Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Waverley West, Richmond West, South Pointe and Fairfield Park was 25.33 in 2017 as compared to 29.33 in 2016, while the sales to listing ratio remained constant at 72%.
The highest priced paid for a home in MLS areas 1Q, 1R and 1S in 2017 was $1,385,000 for a home on Willow Brook Road. The lowest price paid was $343,750 for a home on Gervais Place.
Total Active listings Year End December 2017: 778
Total Active Listings Year End December 2016: 764
Total Homes sold for the year of 2017: 491
Total Homes sold for the year of 2016: 481
Sales to Listing Ratio 2017: 72%
Sales to Listing Ratio 2016: 72.33%
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 Grandmont Park, Richmond Lakes, St. Norbert, Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Waverley West, Richmond West, South Pointe, Fairfield Park 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 2017: 25.33
Average days to sell a home 2016: 29.33
Average sale price year end 2017: $420,238
Average sale price year end 2016: $410,104
Lowest sale price for the year 2017: $343,750 Gervais Place
Highest sale price for the year 2017: $1,385,000 Willow Brook Road
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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