Special Winnipeg Housing Market Report – December 2016 – Your Update

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Welcome to our custom Winnipeg Housing Market Report.  Each month we look at the numbers of available listings, sales and expired listings stats in Winnipeg’s housing market.  This report will include Winnipeg, E/St Paul and Headingley, and focus on homes in the 100K to 500K range.  This market update includes detached homes, attached homes (commonly known as side-by-sides) townhouses and mobile homes.  It relies on stats from the MLS® and Winnipeg Real Estate Board.

For more expensive homes, see our monthly Luxury Homes Report, and for condominiums, we issue a monthly Winnipeg Condo Market Report.

Winnipeg Housing Market Report for December 2016

Market Highlights for December 2016

Special Winnipeg Housing Market Report - December 2016 - Your Update

Reading the Charts

The first column shows the numbers for the current period, which spans the 30 (or 31) days prior.  the (+) or (-) sign indicates whether this number is higher or lower than the previous month.

Available Listings between $100K and $250K

Currently there are 362 houses available in this price range down from 443 in the previous report.

Sold in the Past 30 days

Over the past month, Winnipeg REALTORS® have sold a total of 138 homes in this price range, down (-) significantly from 185 the previous month, but still better than Jan 2016 when we only sold 98 homes.

Special Winnipeg Housing Market Report - December 2016 - Your Update

Days of Inventory

Description: This is the number of days it would take to sell ALL remaining homes at the current rate of sale, IF NO NEW LISTINGS were to come to market.  Here, the lower the number, the hotter the Winnipeg housing market.

The current number of days of inventory in this entry-level price range is 79 days, up slightly from 74.  This is as a result of fewer available homes on the market, at the same time when sales remained roughly equal.

Newly Listed Homes in the past 30 days

Another indicator of market strength.  In the past month, only 189 new listings have hit the Winnipeg MLS®, down from the number in the Sept. report, and also down from the 308 in October.

Expired Listings in the past 30 days

Over the past month, a total of 108 home listings have expired or have been withdrawn from the market.  This number is one of the indicators of whether Winnipeg is in a buyers, or sellers market.  It is down slightly from the 119 expired listings of last month.

Looking to buy a home in Winnipeg?  Click here to book a Free Consultation

Available House Listings between $250K and $500K

Currently there are 541 houses listed for sale in this range, down quite a bit from the 695 available homes in the previous report, and the over 800 before that.

Sold in the Past 30 days

Over the past month, Winnipeg REALTORS® have sold a total of 204 homes in this price range, down about 20% from November  (which was already 17% lower than October).  This is the market trend in Winnipeg……  As temperatures go, so do the sales.

Special Winnipeg Housing Market Report - December 2016 - Your Update

Days of Inventory

The current number of days of inventory in this entry-level price range is 80 days, making this the one of the hottest segment of the Winnipeg housing market.  It is down slightly from the 83 days in the previous month.

Newly Listed Homes in the past 30 days

In the past month, 273 new listings have hit the Winnipeg MLS®, down from the 419 new listings in November and again down from the 536 in October.  Seems like less people are listing their homes as winter approaches.

Expired Listings in the past 30 days

Over the past month, a total of 163 home listings have expired or have been withdrawn from the market, down from the 190 in the previous month.

Lets look at last month’s report

Winnipeg Housing Market Report for November 2016

Market Highlights for November 2016

Special Winnipeg Housing Market Report - December 2016 - Your Update

Reading the Charts

The first column shows the numbers for the current period, which spans the 30 (or 31) days prior.  the (+) or (-) sign indicates whether this number is higher or lower than the previous month.

Available Listings between $100K and $250K

Currently there are 443 houses available in this price range down from 515 in the previous report.

Sold in the Past 30 days

Over the past month, Winnipeg REALTORS® have sold a total of 185 homes in this price range, down (-) slightly from the previous month.

Special Winnipeg Housing Market Report - December 2016 - Your Update
Entry Level Homes in the First-Time Buyer price range

Days of Inventory

Description: This is the number of days it would take to sell ALL remaining homes at the current rate of sale, IF NO NEW LISTINGS were to come to market.  Here, the lower the number, the hotter the Winnipeg housing market.

The current number of days of inventory in this entry-level price range is 74 days, down slightly from the previous month of 82.  This is as a result of fewer available homes on the market, at the same time when sales remained roughly equal.

Newly Listed Homes in the past 30 days

Another indicator of market strength.  In the past month, 257 new listings have hit the Winnipeg MLS®, down from 370 in the Sept. report, and also down from the 308 in October.

Expired Listings in the past 30 days

Over the past month, a total of 119 home listings have expired or have been withdrawn from the market.  This number is one of the indicators of whether Winnipeg is in a buyers, or sellers market.  It is up from the previous report of 97 expired listings.

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

Special Winnipeg Housing Market Report - December 2016 - Your Update

Available House Listings between $250K and $500K

Currently there are 695 houses listed for sale in this range, down quite a bit from the 809 available homes in the previous report.

Sold in the Past 30 days

Over the past month, Winnipeg REALTORS® have sold a total of 258 homes in this price range, down about 17% from October.

Special Winnipeg Housing Market Report - December 2016 - Your Update
Mid-Level Price Range homes in Winnipeg

Days of Inventory

The current number of days of inventory in this entry-level price range is 83 days, making this the one of the hottest segment of the Winnipeg housing market.  It is up slightly from the 79 days in the previous month.

Newly Listed Homes in the past 30 days

In the past month, 419 new listings have hit the Winnipeg MLS®, down from the 593 new listings in September and again down from the 536 in October.  Seems like less people are listing their homes as winter approaches.

Expired Listings in the past 30 days

Over the past month, a total of 190 home listings have expired or have been withdrawn from the market, up from the 154 in the previous month.

Older Real Estate Market Updates

Click arrow to see older reports…….

Winnipeg Housing Market Report for October 2016

Market Highlights for October 2016

Special Winnipeg Housing Market Report - December 2016 - Your Update

Available Listings between $100K and $250K

Currently there are 515 houses available in this price range up from 500 in the previous report.

Sold in the Past 30 days

Over the past month, Winnipeg REALTORS® have sold a total of 187 homes in this price range, down (-) from the previous month.

Special Winnipeg Housing Market Report - December 2016 - Your Update
Entry Level Homes in Winnipeg

The current number of days of inventory in this entry-level price range is 82 days, down slightly from the previous month of 77.

Newly Listed Homes in the past 30 days

Another indicator of market strength.  In the past month, 308 new listings have hit the Winnipeg MLS®, down from 370 in the Sept. report.

Expired Listings in the past 30 days

Over the past month, a total of 97 home listings have expired or have been withdrawn from the market.  This number is one of the indicators of whether Winnipeg is in a buyers, or sellers market.  It is down slightly from the previous report of 120 expired listings.

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

Special Winnipeg Housing Market Report - December 2016 - Your Update

Available House Listings between $250K and $500K

Currently there are 809 houses listed for sale in this range, up slightly from the 799 in the previous report.

Sold in the Past 30 days

Over the past month, Winnipeg REALTORS® have sold a total of 306 homes in this price range, down about 10% from September.

Special Winnipeg Housing Market Report - December 2016 - Your Update
Mid Level Homes In Winnipeg

Days of Inventory

The current number of days of inventory in this entry-level price range is 79 days, making this the hottest segment of the Winnipeg housing market.  It is up slightly from the 70 days in the previous month.

Newly Listed Homes in the past 30 days

In the past month, 536 new listings have hit the Winnipeg MLS®, down from the 593 new listings in September.

Expired Listings in the past 30 days

Over the past month, a total of 154 home listings have expired or have been withdrawn from the market, down from the 176 in the previous month.

 

Winnipeg Housing Market Report for September 2016

Market Highlights for September 2016

Special Winnipeg Housing Market Report - December 2016 - Your Update

Available Listings between $100K and $250K

Currently there are 500 houses available in this price range.

Sold in the Past 30 days

Over the past month, Winnipeg REALTORS® have sold a total of 194 homes in this price range

Days of Inventory

The current number of days of inventory in this entry-level price range is 77 days.

Newly Listed Homes in the past 30 days

Another indicator of market strength.  In the past month, 370 new listings have hit the Winnipeg MLS®.

Expired Listings in the past 30 days

Over the past month, a total of 120 home listings have expired or have been withdrawn from the market.  This number is one of the indicators of whether Winnipeg is in a buyers, or sellers market.

Special Winnipeg Housing Market Report - December 2016 - Your Update

Available Listings between $250K and $500K

Currently there are 799 houses listed for sale in this range.

Sold in the Past 30 days

Over the past month, Winnipeg REALTORS® have sold a total of 340 homes in this price range

Days of Inventory

The current number of days of inventory in this entry-level price range is 70 days, making this the hottest segment of Winnipeg’s real estate market.

Newly Listed Homes in the past 30 days

In the past month, 593 new listings have hit the Winnipeg MLS®.

Expired Listings in the past 30 days

Over the past month, a total of 176 home listings have expired or have been withdrawn from the market.

Special Winnipeg Housing Market Report - December 2016 - Your Update

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12 Comments on "Special Winnipeg Housing Market Report – December 2016 – Your Update"

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Member

I love how informative this report is. I’m not into real estate but I was able to understand everything perfectly.

Member

Wow this is so detailed! So the highest house ever sold was $1.2 million. Very cool indeed.

Member

Thanks a lot for this information! This is really a big help for everybody who’s into buying or selling. This article is really informative and substantial.

Member

This article is helpful especially for those new to the world of buying / selling real estate, there is a moment in the year to buy and sell respectively if we do not seize the right moment only have lost.

Member

I have many things to consider about this, specially the month for buy and sell. This information is so helpful to me, thanks!!

Member

What does this figures mean? Sorry to sound innocent but I am new to this article.

Member

I agree but these is not applicable to me so, I do not know what to say. Love to take a look though.

Member

This is very helpful. For those who are still renting, this is the chance for you to check these figures. Better decide purchasing your own house instead of continuing to rent so that you can save more money.

Member

Wow this is so detailed! Very helpful for those who are looking for a place to stay.

Member

Wow! Judging from those figures, it looks like you’ve had a great month. Keep up the good work.

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