For a more accurate picture of the real estate market in Winnipeg, my stats will reflect the full month from the 1st to the 31st.
While the year to date sales activity is ahead of previous years, the month of July wasn’t nearly as robust as years past. Both new listings coming on the market in July and the inventory at the end of the month were down 8% from 2015. The most active price range for residential-detached sales in July 2016 was from $250,000 to $299,999 at 22% of total sales. 15% of the sales activity was from $200,000 to $249,999 and close behind at 14% was the $300,000 to $349,999 price range.
The highest sales price was $2,000,000 while the lowest was only $40,000. The average number of days to sell a home was 27.
The most active price range for condominiums in July 2016 was from $150,000 to $199,999 at 34%. The second busiest price range was from $200,000 to $249,999 at 19%. Only 7% of condo sales in July went for over $350,000. The highest one sold for $899,000. The average days on market for condominium sales in July was 47.
Residential Attached sales saw 34 units sold in July. The average sales price was $ 234,142. The highest sale price was $312.690 and the lowest was $ 182,500. Average days to sell in this category was 25.