Winnipeg Real Estate Stats for August 2013, from Winnipeg REALTORS®
Time for the look at the previous month’ sales and listings, as reported by Winnipeg REALTORS®. In their report, Winnipeg REALTORS® look at sales and listings of houses and condos in the city of Winnipeg and surrounding areas, including Steinbach and other south-east communities.
More Listings = More Choices
Here is an excerpt of the press release as issued by Winnipeg REALTORS®
An increase in MLS® listings continues to be one of the main highlights this year with new listings up 15% in August to 2,002. Active MLS® listings or the current inventory at the end of August is now over 4,000 and that represents a 20% increase over the same time last year.
Evidence of more balanced market activity came in August when there were twice as many homes that sold below list price as went for above list price.
The most active residential-detached price range in August was from $250,000 to $299,999 at 21% of total sales. Close behind was the $200,000 to $249,999 price range at 18%. The highest priced home sold in August went for $1,640,000 while the lowest only sold for $20,900. The average days on market for residential-detached sales was 28 days, 4 days quicker than last month and 1 day ahead of the pace set in August 2012.
No contest again with the most active condominium price range being from $150,000 to $199,999 at 36% of total sales. What is interesting though is the fact the second most active price range at 20% of sales was not the next higher one but the $250,000 to $299,999 range. The average days on market for condominium sales was 35 days, 2 days slower than last month and 1 more day than August 2012.
This is just an excerpt, and you can click here to see the full Winnipeg RELATORS® press release.
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