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Real Estate Abbreviations & Terminology real estate abbreviations

Real Estate Abbreviations & Terminology

44 Common Real Estate Abbreviations and Acronyms

Are you confused about real estate abbreviations or listing terminology? Do you feel like real estate agents are trying to confuse you with real estate terms and real estate acronyms?

Confusing real estate abbreviations
Are real estate acronyms and abbreviations confusing you?

If you’re working with real estate brokers in the search of a new home, most likely you are receiving MLS® real estate listings via the new Keystone Matrix® system. My buyers are always asking me to explain what some of the real estate abbreviations or real estate terminology stands for, so I thought I might create this post to help everyone out.

Generally from the top of the listing sheet on down, here is the list of abbreviations

Real Estate Abbreviations List

DOM: Days On Market reflects how many days since the home has been listed by the agent

Townhome style of housing

TYPE: This refers to one of the 4 different types of homes the listing service is displaying. They are:

RD = Residential Detached. This is the most common type of house, the one most people think of when looking at homes.

SA = Single Attached (Side by Side). These are two residences which share one common wall. They are cheaper to build, and therefor less expensive to purchase as well

TH = Townhouse. Usually found in rows of 4, 6 or even more. One long building which has a number of separate homes. The end units share one wall, while all interior units actually share 2 common walls.

MH = Mobile Home. Generally means a home which is located in a mobile home park. Careful here, as a ‘mobile home’ might actually be firmly attached to a foundation, and thus become real property.

TAX AMOUNT: This is supposed to be the TOTAL GROSS property taxes, including all Education Taxes, Local Improvements etc. As an owner-occupant, you would qualify for a $700 Provincial Rebate

RMA: Means Rooms Above Ground level. This indicates the total number of rooms such as any formal dining room, kitchen and living room, but NOT bathrooms or powder room, etc.

Real Estate Abbreviations & Terminology real estate abbreviations

BDA: Bedrooms Above Ground. Includes the master bedroom and all secondary bedrooms located above ground level

TBD: Total Bedrooms (including basement bedrooms). This is how you can tell how many bedrooms are in the basement. Simply subtract the BDA from the TBD and see that the basement has 2 bedrooms, for example. Careful here: Just because a property sellers are listing it as a bedroom, does not necessarily mean it fits the legal description of a bedroom.

FB: Number of full Bathrooms (a “FULL” bathroom has at least 3 pieces, so for example: toilet, sink and shower, or toilet, sink and tub)

HB: Number of half Bathrooms (a half bath might have only 1 piece, such as a toilet, or just a sink, but most often has 2 pieces)

EN: Ensuite, which refers to a bathroom that is accessible from a bedroom directly

Exterior: Refers to the exterior surface of the home’s walls. Most common in Winnipeg is stucco, but could also include brick, siding (including vinyl and aluminum siding) and wood.

Foundation: Most common is concrete, but older homes often feature STONE or sometimes Cinderblock or even brick. In the 1980s there was a fad for ‘Preserved Wood’ foundations.

Home heating radiator

Heating: Most common is ‘forced air’ which indicates central heat (preferred). Other options might be Hot Water (radiators) or electric (baseboard heaters).

Heating Fuel: Indicates whether it is gas or electricity. Some new home builders are making the switch to electric furnaces. Careful as even in our province, producing heat with electricity is substantially more expensive than producing it with natural gas.

Basement: Full. This means that the area size of the foundation is the same as the main floor. It does not mean the basement is finished, as this is indicated in another section.

Unfinished basement
Unfinished basement

Other options for the basement category are: crawl, slab, half and 3/4. Real estate professionals should be able to point out the differences, benefits and shortcomings, of each type of basement construction.

Square Feet: I’ve had clients try to add up all the room measurements of a listing, and come to the conclusion that the 1,200 ft home is really just 850 square feet. While they are correct, this is not how buildings are measured and advertised.

The proclaimed total square footage of a house is the OUTSIDE measurements which includes all 4-season living space, excluding the garage. It includes ONLY the areas above ground, so for example the main floor, second floor and third floor if there is one. It does NOT include the basement, UNLESS there is a crawl space under that part of the basement.

For further explanation, see this article on how homes are measured. and remember that different provinces and states might have different rules.

Garage

Garage – AT or DT. This refers to the car garage which can be either attached or detached. Confusion here sometimes as an ‘attached garage’ might be physically attached, but not have a direct door leading into the house.

S/S: Showings Start date. NO showings can occur BEFORE that date

OTP: Offer To Purchase date. That the is FIRST date when offers can be considered.

In addition to the above listing terms, you will probably come across many of the next acronyms used by the listing agent in their advertisements

Real Estate Acronyms

A/C or C/Air: Central Air Conditioning

APPL: Appliances (personal property)

ATT or DT: Attached or Detached also refers to single-family home vs. attached home.

CLG: Ceiling

C/Vac: Central Vacuum

CC: Clothes Closet or possibly “WICC” as in Walk-In Clothes Closet

AT/2 or DT/2: Attached double or detached double (as in garage)

EE and HE: Energy Efficient and High Efficient

F/Fin: Fully Finished

HWFS and HWDS: Hardwood floors and simply Hardwoods

S/S or SS indicating stainless steel (as in appliances)

WDW: Windows

WDWK: Woodwork (as referring to baseboards and window casings)

Im hoping that this list of most common terms is of great value to you.

If you’re thinking of buying a house or a condo in Winnipeg, call me for a free buyer consultation. There is a lot of information which is difficult to convey in a blog post but I’d be happy to discuss in person.

Confused our stumped by other real estate listings abbreviations?  Ask me in the comments, or email me anytime

Bo Kauffmann of Remax performance realty.

 

Below is the audio version of my popular post : Closing Costs When Buying A House Or Condo In Winnipeg.

Let’s see some real listings

 

If you’re thinking of buying a home, please be sure to check out “Buying a house or condo in Winnipeg; 6 important steps”

 

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55 Plus Condos - 685 St. Anne's Rd

55-plus Condos in Winnipeg

55-plus condos: Perfect for you?

It’s an often-reported fact that Winnipeg‘s population is aging, and as such, 55-plus condos were becoming quite popular.  In fact, there are numerous advantages to owning a condoHowever, the recent changes to the Condominium Act have made bylaws, which restrict ownership based on age, obsolete.

These were units with bylaws which state that the owner/occupant of the unit must be at least 55 years of age.  (Some 55-plus condos have dropped this age requirement down to 50 yrs, in an effort to attract more buyers).  Even though they are no longer technically allowed to discriminate based on age, there are still a number of condos where ownership is mostly the mature, even elderly persons.  See the list at the bottom of this post.

For the right person, there are a number of advantages to these (formerly called) 55-plus condos.  Here are a few:

1) Security

Many of these 55-plus condos are built with security in mind, sometimes with security cameras but almost always with good secure locks on well-lit entry ways.

2) Handicap accessible

Many buildings feature wider-than-normal hallways, doors and bathrooms, to allow access via wheelchair or walker.

3) “Community Spirit”

Quite often, the residents organize weekly pot-luck dinners, shopping trips, card-games and other outings.

4) “Birds of a Feather”

Since everyone in the building is 55 yrs or older, and most often retired, residents tend to have a lot in common, and friendships are made easily….  if you WANT to do so.

5) Conveniences

Local grocery stores often arrange weekly bus-trip to their shops.  Some condos arrange for a local nurse to attend monthly, or bi-monthly for a general visit.

Amenities in 55-plus condos
Amenities in 55-plus condos often include common rooms

6) Amenities

55-plus condominiums often feature amenities not found in regular condos.  Things such as a library, a meeting room, a lounge with kitchen, a fitness room and more.

 

List of former 55-plus condos in Winnipeg

Although not officially able to maintain a 55-plus restriction, these condo communities should have a majority of elderly owners.

  • Bell Cove (Headingley South)
  • Country Villas Blvd.  (E.St Paul)
  • 3420 Grant Ave.
  • 4314 Grant Ave.
  • 380 John Forsyth Rd.
  • 1460 Portage Ave
  • 1976 Portage Ave.
  • 3200 Portage Ave.
  • Rockmaple Rd.  (E. St. Paul)
  • 4025 Roblin Blvd.
  • 679, 681,685, 687, 697, 785, 795, 805, 815  St. Anne’s Rd.
  • 500 Tache Ave.
  • 208, 212 Watson St.
  • 687 Warde Ave.
  • 20 Wynstone Cir.  (E. St. Paul)
  • 403 Regent Ave W.  (Madeline Estates)

 

 

https://blog.winnipeghomefinder.com/55-plus-condos-in-winnipeg-right-choice-for-you/ Are 55+ condos the right option for you? Here are the details of what age restricted condos are all about

Home-owners who are thinking of selling their houses for a variety of reasons (want to travel, no more yardwork, security issues), but don’t feel they are ready for a retirement community, might well consider checking out a 55-plus Condominium.  There are a growing number of such communities in Winnipeg.  For a sample list of addresses which feature “age-restricted’ condos, click on 55 plus condominiums.

Bo Kauffmann at Remax Performance Realty  204-333-2202.  If you’re thinking of selling your current home, or thinking about 55 plus condominiums and wish to discuss your options, please call me anytime.

 

 

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Winnipeg Luxury Homes Market Report

Custom Winnipeg Luxury Homes Report – May-June 2021

Welcome to our Winnipeg Luxury Homes Market Report.  This new style of luxury market update is in the form of a downloadable, multi-media PDF.  It looks at listing and sold stats of houses and condos over $500,000 in all areas within Winnipeg, plus some close bedroom communities such as Oak Bluff, St. Andrews, Oakbank, LaSalle and others.

 

Winnipeg Luxury Homes Market Report July 2019

Available Luxury Listings in Winnipeg

Currently, there are 423 Luxury Houses listed in Winnipeg.  That is down slightly from 446 in June, which was the highpoint of the year.

Winnipeg Luxury Homes Sales

Sold in the past 30 days

Over the past month, Winnipeg real estate agents have sold 51 houses which were priced over $500K. That is down from the 79 in June, and 85 in May, and also lower than 2018.

Days of Inventory

What is ‘days of inventory?’

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury ;houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.</sp<

Due to the huge inventory increase,&nbsp; Winnipeg’s ass=”textannotation disambiguated wl-thing” itemid=”http://data.wordlift.io/wl01744/entity/luxury_market”>luxury market inventory sits at 249 days, which is a large jump from last month, and also higher than the same time last year.  Homes in lower price ranges, such as $250-$500K, are at 43 days on average, so yes, luxury homes are a much slower market.

Expired Listings

Over the past month, 96 luxury listing have d-not-sell-what-is-the-next-step/”>either expired or been withdrawn from market.

Newly Listed <spa< span=””>n id=” urn:enhancement-727=””>tp:/</spa<>/data.wordlift.io/wl01744/entity/luxury”>Homesh3>

Over the past month, 153 new luxury home listings have come to the Winnipeg MLS®, fewer than the 210 in the previous month.

Looking to buy a home in Winnipeg?    Contact Me For A Free Consultation

Summary of the Market

Homes in the Upper Price Range will remain a strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

If you’re the seller of a luxury property, a little extra care is advisable in how the property shows, how it’s priced and how much your real estate agent does.

Previous Month Report…

Luxury Homes Market Report May 2019

Available Luxury Listings in Winnipeg

Currently, there are 413 Luxury Houses listed in Winnipeg.  That is actually the highest number of listings (in this price range) over the past year+.

Sold in the past 30 days

Over the past month, Winnipeg real estate agents have sold 85 houses which were priced over $500K. That is nearly double the sales of April and also represents the highest number of sales in over a year.

Days of Inventory

What is ‘days of inventory?’

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury =”” span=“”>=”http://span>data.wor<sp< span=””>an span=””>id=” urn:enhancement-676=””>dlift.io/wl01744/entity/multiple_listing_service”>;houses</span> at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.</sp<>

Due to the huge inventory increase, Winnipegs luxury market inventory sits at 146 days, which is faster than the previous month, but slower than last year at this time  (128 days).  Homes in lower price ranges, such as $250-$500K, are at 43 days on average, so yes, luxury homes are a much slower market.

Newly Listed Homes

Over the past month, 197 new luxury home listings have come to the Winnipeg MLS®.  An increase over the 184 in the previous month.

Expired Listings

Over the past month, 67 luxury listing have d-not-sell-what-is-the-next-step/”>either expired or been withdrawn from market.

Summary of the Market

Homes in the Upper Price Range will remain a strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

For older reports, click the down arrow

Winnipeg Luxury Homes Market Report Sept. 2018

Available Luxury Listings in Winnipeg

Currently, there are 371 Luxury Houses listed in Winnipeg.  Thats up from the 349 the previous month, and a huge increase over the same time last year.  (257)

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviations

Sold in the past 31 days

Over the past month, Winnipeg real estate agents have sold 52 houses which were priced over $500K.  Thats slightly less than in August, but more than last year as well.

Days of Inventory

What is ‘days of inventory?’

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Due to the huge inventory increase,  Winnipeg’s luxury market inventory sits at 221 days, so slower than last month, and much slower than last year.

Newly Listed Homes

Over the past month, 163 new luxury home listings have come to the Winnipeg Real Estate MLS®.  An increase over the 154 in August 2018, and another huge jump when compared to the 123 in Sept. 2017.

Expired Listings

Over the past month, 82 luxury listing have either expired or been withdrawn from market.

Looking to buy a home in Winnipeg?    Contact Me For A Free Consultation

Summary of the Market

Homes in the Upper Price Range will remain a strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Winnipeg Luxury Homes Market Report April 2018

Available Luxury Listings in Winnipeg

Currently, there are 281 Luxury Houses listed in Winnipeg.  Thats up from the 231 the previous month, and also an increase when compared to April of last year.

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviations
Winnipeg Luxury Homes sales and listings

Sold in the past 31 days

Over the past month, Winnipeg real estate agents have sold 50 houses which were priced over $500K.  While thats an increase over the previous month, it is still slower than sales in April 2017.  So we have MORE homes available in this range, but fewer sales….definitely a buyers market.

Days of Inventory

What is ‘days of inventory?’

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory sits at 174 days, fast than last month, but quite a bit slower than last year.

Newly Listed Homes

Over the past month, 158 new luxury home listings have come to the Winnipeg Real Estate MLS®.  An increase over the 122 in March 2018, which also happened to be the same number of luxury homes listed in April 2017.

Expired Listings

Over the past month, 53 luxury listing have either expired or been withdrawn from market.

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Summary of the Market

Homes in the Upper Price Range will remain a strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Winnipeg Luxury Homes Market Report December 2017

Available Luxury Listings in Winnipeg

Currently, there are 202 Winnipeg homes for sale in this price range, nearing the low point set past January of 165.  More options and choices will be coming in Spring 2018.

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviations Sold in the past 30 days

Over the past month, Winnipeg real estate agents have sold just 29 homes in this price range, between $500k and all the way up to a 2 million dollar home in Headingley.

Days of Inventory

What is ‘days of inventory?’

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory sits at 209 days, not far off the lowest point in the past year.  With relatively few homes to chose from (202) and a good sales pace of 29 homes sold last month, it was still a good time to sell in November.  That night change, as you can see from the numbers of this past Janfuary.

Newly Listed Homes

Over the past month, just 55 new luxury home listings have come to the Winnipeg Real Estate MLS®.  Given the option, sellers will more often wait until the spring time now.

Expired Listings

Over the past month, 63 luxury listing have either expired or been withdrawn from market, a high point of the year.

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Summary of the Market

Homes in the Upper Price Range will remain a strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Winnipeg Luxury Homes Market Report May 2017

Available Luxury Listings in Winnipeg

Currently, there are 252 Winnipeg homes for sale in this price range, up from the 227 in April 2017.  Its also near the high-water mark of 268 homes in June 2016.

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviationsSold in the past 30 days

Over the past month, Winnipeg real estate agents have sold 65 homes in this price range, between $500k and all the way up to a 1.375 million dollar home in River Heights.  This is more than double the number of luxury homes sold in March, and equal to the high sales mark set last June.

Days of Inventory

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory sits at 116 days, nearly the lowest point in the past year.  As good a time as any to list your luxury home, certainly better than in the middle of winter.

Newly Listed Homes

Over the past month, 144 new luxury home listings have come to the Winnipeg Real Estate MLS®, slightly more than the 122 in April, and the 45 listed in January.

Expired Listings

Over the past month, 44 luxury listing have either expired or been withdrawn from market, up from the 30 in April.

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Free Buyer Consultation

Summary of the Market

Homes in the Upper Price Range will remain a strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..


lets look at the previous month:

Winnipeg Luxury Homes Market Report April 2017

Available Luxury Listings in Winnipeg

Currently, there are 227 Winnipeg homes for sale in this price range, up from the 1208 in March 2017.

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviationsSold in the past 31 days

Over the past month, Winnipeg REALTORS® have sold 64 homes in this price range, between $500k and all the way up to a 1.2 million dollar home in Bridgewater Trails.  This is more than double the number of luxury homes sold in March.

Days of Inventory

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory has dropped to 110 days, the lowest point in the past year.  As good a time as any to list your luxury home.

Newly Listed Homes

Over the past month, 122 new luxury home listings have come to the MLS®, slightly more than the 105 in March, and 101 in Feb.

Expired Listings

Over the past month, only 30 luxury listing have either expired or been withdrawn from market, down from 50 in Feb..

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Free Buyer Consultation

Summary of the Market

Homes in the Upper Price Range will remain a strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..


Winnipeg Luxury Homes Market Report March 2017

Available Luxury Listings in Winnipeg

Currently, there are 208 Winnipeg homes for sale in this price range, up from the 179 in Feb. and 165 in January

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviationsSold in the past 28 days

Over the past month, Winnipeg REALTORS® have sold 31 homes in this price range, between $500k and all the way up to a 1.2 million dollar home in Bridgewater Trails.

Days of Inventory

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory sits at 188 days, nearly the lowest point in the year.  As good a time as any to list your luxury home.

Newly Listed Homes

Over the past month, 105 new luxury home listings have come to the MLS®, similar to the 101 in February and over double the 45 in January.

Expired Listings

Over the past month, only 35 luxury listing have either expired or been withdrawn from market, down from 50 in Feb..

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Free Buyer Consultation

Summary of the Market

Homes in the Upper Price Range will remain a strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Winnipeg Luxury Homes Market Report January 2017

Available Luxury Listings in Winnipeg

Currently, there are 165 Winnipeg homes for sale in this price range, down from the 180 listed in the December report.

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviationsSold in the past 30 days

Over the past month, Winnipeg RELATORS® have sold only 6 homes in this price range, down from 19 in the last period.  The most expensive home sold in the past month was $1Million in South Charleswood.

Days of Inventory

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory jumps to 852 days in this price range.  This is a HUGE increase from the 284 days in December, making this price range a buyers market.  Don’t expect these number to last beyond another month or so, although the luxury home market will surely remain a strong buyers market in Winnipeg.

Newly Listed Homes

Over the past month, 45 new luxury home listings have come to the MLS®, similar to the 51 in December.

Expired Listings

Over the past month, 61 luxury listing have either expired or been withdrawn from market, up from the 51 in December.

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Free Buyer Consultation

Summary of the Market

Homes in the Upper Price Range are still a very strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Winnipeg Luxury Homes Market Report December 2016

Available Luxury Listings in Winnipeg

Currently, there are 180 Winnipeg homes for sale in this price range, down from the 212 listed in the November report.

Sold in the past 30 days

Over the past month, Winnipeg RELATORS® have sold only 19 homes in this price range, down from 23 in the last period

Days of Inventory

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory jumps to 284 days in this price range.  This is another increase from the 143 days in November, making this price range a buyers market.

Newly Listed Homes

Over the past month, 51 new luxury home listings have come to the MLS®, similar to the 75 in November.

Expired Listings

Over the past month, 51 luxury listing have either expired or been withdrawn from market, up from the 43 in November.

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Free Buyer Consultation

Summary of the Market

Homes in the Upper Price Range are still a very strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Winnipeg Luxury Homes Market Report November 2016

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviations

Available Luxury Listings in Winnipeg

Currently, there are 212 Winnipeg homes for sale in this price range, nearly identical to the 211 listed in the October report.

Sold in the past 30 days

Over the past month, Winnipeg RELATORS® have sold 27 homes in this price range, down from 235 in the last period

Days of Inventory

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory jumps to 243 days in this price range.  This is another increase from the 181 days in October, making this price range a buyers market.

Newly Listed Homes

Over the past month, 75 new luxury home listings have come to the MLS®, similar to the 76 in October.

Expired Listings

Over the past month, 43 luxury listing have either expired or been withdrawn from market, also down from October.

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Free Buyer Consultation

Summary of the Market

Homes in the Upper Price Range are still a very strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Winnipeg Luxury Homes Market Report October 2016

Custom Winnipeg Luxury Homes Report - May-June 2021 real estate abbreviations
Luxury Homes on the MLS in Winnipeg

Available Luxury Listings in Winnipeg

Currently, there are 211 Winnipeg homes for sale in this price range, down from the 227 Luxury Homes listed in September’s report.

Sold in the past 30 days

Over the past month, Winnipeg RELATORS® have sold 35 homes in this price range, up from 28 in the last period

Days of Inventory

Currently, Winnipeg’s luxury market inventory drops to 181 days in this price range.  While this is down from the 243 available homes last month, it is still a fairly strong Buyers Market.

Newly Listed Homes

Over the past month, 76 new luxury home listings have come to the MLS®, fewer than the 94 in September

Expired Listings

Over the past month, 50 luxury listing have either expired or been withdrawn from market, also down from September.

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Free Buyer Consultation

Summary of the Market

Homes in the Upper Price Range are still a very strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Winnipeg Luxury Homes Market Report September 2016

slide5

Available Luxury Listings in Winnipeg

Currently, there are 227 Winnipeg homes for sale in this price range.

Sold in the past 30 days

Over the past month, Winnipeg RELATORS® have sold 28 homes in this price range.

Days of Inventory

This statistic is the answer to the question: “If NO MORE LISTINGS come to the market right now, how long would it take to sell all available luxury houses at the current rate?”  Here, the lower the number, the hotter the market, and a higher number reflects a stronger ‘Buyers Market’.

Currently, Winnipeg’s luxury market inventory sits at 243 days in this price range, making this a fairly strong Buyers Market.

Newly Listed Homes

Over the past month, 94 new luxury home listings have come to the MLS®.

Expired Listings

Over the past month, 56 listing have either expired or been withdrawn from market.

Looking to buy a home in Winnipeg?  Contact me for a Free Consultation

Free Buyer Consultation

Summary of the Market

Homes in the Upper Price Range are still a very strong buyers market, offering a lot of options and great deals and opportunities for home buyers moving into the Winnipeg Luxury Homes market..

Our Latest Web-Stories
Never miss an episode of our real estate podcast. Install our FREE Podcast App available on iOS and Android. For your Apple Devices, click here to install our iOS App. For your Android Devices, click here to install our Android App. Check my videos on Youtube

Check out our Podcast

Top 10 Winnipeg Tourist Attractions in Winnipeg (Slideshow) real estate abbreviations

Top 10 Winnipeg Tourist Attractions in Winnipeg (Slideshow)

Top Winnipeg Tourist Attractions

Here is a short slideshow of some of the top Winnipeg tourist attractions that help make our city the ‘centre of Canada‘.


Top 10 Attractions in Winnipeg

If you’re planing a move to this great city, and want to purchase a house or condo in our great city, please call me anytime.  Bo Kauffmann, REMAX performance realty,  (204) 333-2202

We’d love to hear from you.  What are YOUR favorite tourist attractions in Winnipeg?  Let us know in the comments below.

 

Website hopes to aid Winnipeg Tourist Attractions

https://mytoba.ca/life/travel-lifestyle/website-hoped-to-attract-more-tourists-to-winnipeg/Tourism Winnipeg has launched a brand new website with the hopes of attracting more tourists to the city. The website now boasts new technology and multi-market content, with features that allow users to search by type of experience and interest, build custom itineraries, and explore curated content on all of our tourism assets, such as restaurants, hotels, and attractions. Weve made significant improvements to the design, content, and technology. More info via Winnipeg’s Real Estate Blog

Tourism Winnipeg achieves industry accreditation

https://mytoba.ca/news/tourism-winnipeg-achieves-industry-accreditation/Tourism Winnipeg does excellent work promoting and marketing our city to Canada and the world as the go-to, all-season tourist destination with something for everyone, said Mayor Brian Bowman. They first achieved the designation for the period of 2011-2015. More info via Winnipeg’s Real Estate Blog

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Copperstone Estates - Island Shore Blvd - Winnipeg Condo Community real estate abbreviations

Copperstone Estates – Island Shore Blvd – Winnipeg Condo Community

Spotlight on: Copperstone Estates Located in popular Island Lakes in the south end of Winnipeg, Copperstone Estates Condos offer the best of condo-living. It should be noted that with these types of units, owners are generally NOT permitted to store their boats, RV’s or snowmobile trailers on their front drives.