Listings were down but average home sale prices were up for May 2017 in the Winnipeg neighbourhoods of Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, and Waverly West, compared to the same month last year.
There were 110 active home listings in Winnipeg MLS areas 1Q, 1R and 1S in May 2017 as compared to 130 listings during the same period last year, and the average days required to sell a home rose slightly from 18.66 last May to 20.67 days in May 2017.
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Home sales numbers increased substantially from 51 in May 2016 to 76 in 2017 in Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, and Waverly West , and the average home sale price rose from $414,041 to $417,155.
The highest price paid for a home in MLS areas 1Q, 1R and 1S in May 2017 was $1,260,096 for a home on Willow Brook Road . The lowest price paid was $262,000 for a home on Grandmont Blvd.
Total Active listings Month of May 2017: 110
Total Active Listings Month of May 2016: 130
Total Homes sold Month of May 2017: 76
Total Homes sold Month of May 2016: 51
Sales to Listing Ratio May 2017: 83.67%
Sales to Listing Ratio May 2016: 54.67%
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 Bridgwater Center, Bridgwater Forest, Bridgwater Lakes, Bridgwater Trails, Fairfield Park, Grandmont Park, Richmond Lakes, South Pointe, St. Norbert, Waverly West 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 May 2017: 20.67
Average days to sell a home May 2016: 18.66
Average sale price Month of May 2017: $417,155
Average sale price Month of May 2016: $414,041
Lowest sale price Month of May 2017: $262,000 Grandmont Blvd.
Highest sale price Month of May 2017: $1,260,096 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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