Real estate market up across the board in Winnipeg MLS areas 2G, 2H, 2J and 2K

Home sales, listings and average home sale prices were all up in 2016 for Winnipeg MLS areas 2G, 2H, 2J and 2K, which includes the neighbourhoods of Niakwa Park, Windsor Park, Niakwa Place, Southdale, Island Lakes, Royalwood, Ramblewood, Southland Park, Sage Creek and Waterside Estates.

There were 526 home sales in these Winnipeg neighbourhoods in 2016 as compared to 493 sales in 2015, and the average home sale price was up from $388,594 in 2015 to $414,938 in 2016. There were also 803 active listings at the end of 2016 as compared to 722 in 2015.

– Buy a home with Zero Down Payment –
Learn how to NOT remove money out of your savings. Click Here!

The average days required to sell a home in MLS areas 2G, 2H, 2J and 2K dropped from 31.25 in 2016 to 28.4 in 2015.

The highest price paid for a home in the neighbourhoods of Niakwa Park, Windsor Park, Niakwa Place, Southdale, Island Lakes, Royalwood, Ramblewood, Southland Park, Sage Creek and Waterside Estates in 2016 was $1.1 million for a home on Eastoak Drive, while the lowest price belonged to a home on Pembroke Road that closed at $180,000.

Total Active listings Year End December 2016: 803
Total Active Listings Year End December 2015: 722

Total Homes sold for the year of 2016: 526
Total Homes sold for the year of 2015: 493

Sales to Listing Ratio 2016: 66.6%
Sales to Listing Ratio 2015: 69.25%

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 Niakwa Park, Windsor Park, Niakwa Place, Southdale, Island Lakes, Royalwood, Ramblewood, Southland Park, Sage Creek, Waterside Estates 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 2016: 28.4
Average days to sell a home 2015: 31.25

Average sale price year end 2016: $414,938
Average sale price year end 2015: $388,594

Lowest sale price for the year 2016: $180,000 Pembroke Road
Highest sale price for the year 2016: $1,100,000 Eastoak 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!