Listings down, sales and sale prices up in Norwood, Winnipeg

MLS listings went down while sales and sale prices went up in the month of September 2020 in the Winnipeg neighbourhood of Norwood.

The average selling price of homes went up approximately 1.2% with the average being $295,000 compared to $291,467 in September 2019. On average a residence took 11 days less to sell in September 2020 as compared to 24 days as well in September 2019.

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There were 5 active listings in Winnipeg MLS area 2B at the end of September 2020 as compared to 9 at the end of September 2019, and 10 homes sold in September 2020 compared to 9 in September 2019. The sales-to-listing ratio was 200% in September 2020 compared to 100% in September 2019.

The highest price paid in September 2020 for a home in the neighbourhood of Norwood was $400,000 for a home on Ferndale Avenue. The lowest sale price belonged to a home on Kitson Street, which closed at $175,000.

Total active listings September 2020: 5
Total active listings September 2019: 9

Total homes sold September 2020: 10
Total homes sold September 2019: 9

Sales to listing ratio September 2020: 200%
Sales to listing ratio September 2019: 100%

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 Norwood.  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 September 2020: 13
Average days to sell a home September 2019: 24

Average sale price September 2020: $295,090
Average sale price September 2019: $291,467

Lowest sales price September 2020: $175,000 Kitson Street
Highest sales price September 2020: $400,000 Ferndale 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!