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Winnipeg REALTORS® real estate market report for January 2013 in Winnipeg

Bo Kauffmann • February 7, 2013 • 34 Comments

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Winnipeg REALTORS® monthly real estate market report for January 2013

Winnipeg REALTORS® have just released their January 2013 real estate market update for the housing and condo market in Winnipeg.. As it does every month, this real estate market report focuses on the listing and sales stats of the entire south-east corner of Manitoba, including Winnipeg, Selkirk, Steinbach and dozens of communities in this area. Lets take a look at the highlights of this real estate market report:

Real Estate Market report excerpt

You have to go back to 1997 to reveal an unusually exceptional January MLS® sales performance. 660 unit sales to be exact and nothing has come close ever since. Even this January at 616 is 7% off the best January in WinnipegREALTORS® 110- year history.

January MLS® sales were up 9% (614/564) while dollar volume climbed 10% ($146.9 million/$133.3 million) in comparison to the same month last year.

24% of residential-detached sold above list price while only 17% of condominiums ended up selling for more than list price.

Condominiums sales stood out with a 26% increase over the same month last year.

The most active residential-detached price range was from $150,000 to $199,999 at 21%. The $200,000 to $249,999 price range captured 18% of the market while $250,000 to 299,999 registered 19%.

For condominiums, the $150,000- $199,999 price range led the way at 37% of total sales.

The average days on market for residential-detached sold properties was 44 days, two days slower than January 2012.

The average days on market for condominiums was 41 days, six days slower than January 2012.

This has been an except of the full press release. For the complete release, click on Press Release 02-06-13 January 2013 MLS Statistics

If you are in the market to buy or sell, a house or a condo, in Winnipeg, please call me anytime at 204-333-2202. If you are planing on buying a home, we will schedule a 30 minute preparation meeting to discuss the market and the buying process. If you are selling, I will offer you a free market evaluation for your home.

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Winnipeg real estate market Real estate market housing home selling home buying condominiums analysis Winnipeg REALTORS® real estate market report for January 2013 in Winnipeg

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