Home Prices Soar in West Kildonan
West Kildonan May MLS sales were up 18%, despite there being a decrease of 20% in inventory on the MLS market compared to the same time last year. The average selling price of homes was up 45% with the average being $292,729 compared to $201,779 in May 2015. On average a residence took approximately 4 days less to sell compared to the average of 28 days in 2015.
Active listings, May 2016: 301
Active listings, May 2015: 377
New listings for the month of May 2016: 187
Homes sold for the month of May 2016: 160
Homes sold for the month of May 2015: 136
Sales to listing ratio, May 2016: 56%
Sales to listing ratio, May, 2015: 37%
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 North End, Shaughnessy Heights, Margaret Park, West Kildonan, Scotia Heights, Riverbend, Riverdale, River Grove Amber Trails, Garden City, Old Kildonan, Parkway Village, Foxwarren Estates, Maples, Maple Glen, Mandalay, North Meadows, Seven Oaks Crossings, Tyndall Park, Garden Grove, Inkster Gardens, Meadows West, Meadowview, North Meadows, and Tyndall Narrows 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, May 2016: 24
Average days to sell a home, May 2015: 28
Average sales price, May 2016: $292,729
Average sales price, May 2015: $201,779
Lowest sales price for the month: $58,000, Stella Avenue.
Highest sales price for the month: $594,351, River Elm Drive
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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