Market Update for Winnipeg in September 2019
Here is a short video summation of Winnipeg’s real estate market this month
Transcript:[00:00:00] September caps off a strong third quarter in Winnipeg’s real estate market. The third quarter of 2019 ended up being the strongest quarter of market activity on record.
[00:00:13] September’s 1211 sales were a 16 percent increase over last year and only four sales short of the best September on record, which was in 2016.
[00:00:23] Making things a little easier for buyers is the fact that this September saw a 10 percent increase in new listings coming to the market when compared to last year. This helps to keep prices in check. The average single family home sold for 325,000 dollars in change which is less than 1 percent increase over last year.
[00:00:43] So what does all this mean. The fall time is usually a buyer’s market and that’s especially true this year. Right now is the best time to buy a house or condo in Winnipeg.
[00:00:54] Are you looking to buy a house or a condo in Winnipeg. Work with the agent who takes the time to explain the process to you, guiding you through every step. For service beyond the sale, book your home buying consultation with Bo Kauffmann of Remax performance today. Bo knows real estate.
Winnipeg REALTORS® stats for October 2018
Winnipeg REALTORS® stats for February 2018
Overall sales in February 2018 were down about 11% when compared to Feb. of 2017. However the market improved from January this year, with numbers of listings, SOLDS, and average prices of houses and condos all up ☝︎, and the time it takes to sell these homes all down ☟.
Bo Kauffmann: Winnipeg Market on Feb.1st 2018
Bo Kauffmann: Winnipeg Market on Jan.1st 2018
For the full transcript, click on the down arrow
Over the month of December we’ve sold in Winnipeg a total of 251 houses. That’s all houses, stand alone detached attached duplex and mobile homes and we sold just 54 condos. These are likely the lowest numbers you’ll see all year long as new listings are going to come to market right now.
Most luxurious homes sold was for $890,000 dollars that was a brand new building in Island Lakes and listen to this: the most luxurious condo again another brand new build was 1.423 million dollars in Fort Garry.
Remax classified luxury homes to be over 500,000 dollars. And of those we sold a total of 13 houses and 3 condos. Again today is January 1st and we have a total of 784 houses for sale and a total of 439 condos on the market in Winnipeg. And again that’s likely going to be the lowest numbers you’ll see all year long as the spring market really is going to start in the next few weeks or a couple of months. This has been Bo Kauffmann Remax performance realty give me a call anytime 204-333-2202.
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Winnipeg REALTORS Highlights for November 2017