Welcome to our WinnipegLuxury 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.
Sold in the past 30 days
Over the past month, Winnipegreal 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?” Â 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, 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either expired or been withdrawn from market.
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?” Â 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 newluxuryhome 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.
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)
Sold in the past 31 days
Over the past month, Winnipegreal 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?” Â 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 WinnipegReal 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.
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.
Winnipeg Luxury Homes sales and listings
Sold in the past 31 days
Over the past month, Winnipegreal 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?” Â 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 WinnipegReal 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? Â 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 Winnipeghomes 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.
Sold in the past 30 days
Over the past month, Winnipegreal 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?” Â 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 WinnipegReal 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? Â 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 Winnipeghomes for sale in this price range, up from the 227 in April 2017. Â Its also near the high-water mark of 268 homes in June 2016.
Sold in the past 30 days
Over the past month, Winnipegreal 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. Â 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?” Â 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. Â 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 WinnipegReal 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? Â 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..
lets look at the previous month:
Winnipeg Luxury Homes Market Report April 2017
Available Luxury Listings in Winnipeg
Currently, there are 227 Winnipeghomes for sale in this price range, up from the 1208 in March 2017.
Sold 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?” Â 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. Â 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? Â 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 March 2017
Available Luxury Listings in Winnipeg
Currently, there are 208 Winnipeghomes for sale in this price range, up from the 179 in Feb. and 165 in January
Sold 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?” Â 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. Â 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? Â 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 January 2017
Available Luxury Listings in Winnipeg
Currently, there are 165 Winnipeghomes for sale in this price range, down from the 180 listed in the December report.
Sold 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?” Â 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. Â This is a HUGE increase from the 284 days in December, making this price range a buyers market. Â 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? Â Contact me for a Free 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 LuxuryHomes market..
Winnipeg Luxury Homes Market Report December 2016
Available Luxury Listings in Winnipeg
Currently, there are 180 Winnipeghomes 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?” Â 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. Â 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? Â Contact me for a Free 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 LuxuryHomes market..
Winnipeg Luxury Homes Market Report November 2016
Available Luxury Listings in Winnipeg
Currently, there are 212 Winnipeghomes 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?” Â 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. Â 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? Â Contact me for a Free 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
Luxury Homes on the MLS in Winnipeg
Available Luxury Listings in Winnipeg
Currently, there are 211 Winnipeghomes 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. Â 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? Â Contact me for a Free 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
Available Luxury Listings in Winnipeg
Currently, there are 227 Winnipeghomes 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?” Â 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? Â Contact me for a Free 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..
About the Publisher
Bo Kauffmann is a residential real estate agent with over 18 yrs experience in helping buyers and sellers achieve their goals. Inducted into the REMAX Hall of Fame in 2010 and receiving the REMAX Lifetime Achievement Award in 2019, Bo has sold over 500 houses and condos in the Greater Winnipeg market. He is an accredited buyer representative (A.B.R.) and a Luxury Home Marketing Specialist.
Bo provides exceptional service to First-Time Home-Buyers, Seniors looking to downsize and Home Sellers of all ages.
He can be reached easily  By E-Mail or call/text him  Call/Text Here 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
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A friend of mine had called me some time ago, and asked me to give him a Market Evaluation on his investment property in #Winnipeg. Â Turns out he had purchased a small condo about a year before, and had done so ‘privately’, without the use of a real estate agent, a decision he now regretted for several reasons. Â As we were talking about his investment property , my mind went over the top features any investor should be looking for when purchasing a condominium.
Location, Location, Location
You’ve heard this before. Â The top three most important things in #realestate are….well, you know. Â Its no different when purchasing an investment #condo, or a condo for your own personal use. Â Will it be easy to resell, or does the location hamper your re-sale efforts? Â If you’re going to rent it out, is the condo located near public transportation routes? Â Is the neighbourhood safe? Â Many factors come into play.
Parking, especially in central locations such as downtown, is always at a premium. Â Even if you are lucky enough to rent out your investment property to someone who does not drive their own vehicle, reselling a condo without its own parking spot is more difficult.
Balcony
With several apartment-to-condo conversions underway, it’s easy to forget that a balcony is still one of the most important features requested by buyers. Â Without a spot to sit outside, perhaps read a book in the fresh air or throw some beef on the ‘que, owners and renters will feel trapped inside their condo. Â Make sure your investment condo has a balcony or, if located on the main floor, it has a patio space.
In-Suite Laundry
Less important with single men, but in-suite laundry is almost ‘vital’ to female condo buyers and renters.  Having a secure place to do your own laundry is, at the very least, a ‘nice to have’ feature. Sometimes, a condo which has no in-suite laundry is at least able to add this feature later on, so you may want to check into this possibility.
The above 4 features are perhaps the most important ones to consider. Â Depending on your price range, you may want to consider several more:
Bonus: Concrete Building
Usually a little more expensive, but well worth the price. Â Quieter, more solid and stable, an investment property with concrete floors and walls will also make for easier resale.
Bonus: Central Air
Central air conditioning and heating is another nice-to-have feature, making the condo more comfortable and easier to rent out.
Bonus: Secure Parking
Especially with our winter climate, having underground or indoor parking is an often-requested feature, albeit at a price premium
Back to my friend: Â His private purchase ended up being a very poor deal, as his investment condo had NONE of these features. Â Located in a rough part of town, no parking spot, no balcony, no in-suite laundry and on the 3rd floor with no elevator will make this a very tough sale, even in a hot market.
Moral of the story: If you’re going to invest some serious money into real estate, call a real estate agent BEFORE you plunk down the cash. Â I would much rather guide you in the right direction, than try to help correct a mistake already made.
Bo Kauffmann is a residential real estate agent with over 18 yrs experience in helping buyers and sellers achieve their goals. Inducted into the REMAX Hall of Fame in 2010 and receiving the REMAX Lifetime Achievement Award in 2019, Bo has sold over 500 houses and condos in the Greater Winnipeg market. He is an accredited buyer representative (A.B.R.) and a Luxury Home Marketing Specialist.
Bo provides exceptional service to First-Time Home-Buyers, Seniors looking to downsize and Home Sellers of all ages.
He can be reached easily  By E-Mail or call/text him  Call/Text Here 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
Pillows: Not just for fights They can be used to great effect when staging your home. Whether attracting a buyer or just adding a cozy feel,check these tips
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Sold in the past 30 days
Sold in the past 31 days
Sold in the past 28 days
Sold in the past 30 days
