Courtesy of Debra Ann Kaminsky
DOLLAR VOLUME RECORD SET IN MONTH OF JULY
AVERAGE SALE PRICES
WINNIPEG –The Winnipeg Metro Region market heated up in terms of dollar volume with a new record set for July with $437 million representing a 10% increase over July 2018. Sales of 1,440 trended upward with nearly a 5% rise over last July. Helping explain the higher percentage
increase in dollar volume this July are some notable increases in sales in some of the higher price ranges in condominiums and to a lesser extent, single family homes. For example, in condominiums, there were 20 sales compared to 10 last July in the $275,000 to $299,999 price range. There were 9 sales compared to 3 last July in the $375,000 to $399,999 price range and twice as many sales over $600,000 this year. A good example in single family homes with 60 sales in the $400,000 to $424,999 price range compared to 34 in 2018 in this same price range. Listings continue to exhibit strong increases on a monthly basis over last year with over a 10% jump in new listings coming on the market in July or a 15% growth in inventory with 6,083 listings available for sale going into August. Source: WinnipegREALTORS ®
SOLD LISTINGS detached 1,046 condo 173 attached 103
NEW LISTINGS 2,671
Stats are Reflective July 2019 Source: WinnipegREALTORS ® Market values stated are of the average of Winnipeg and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to- date evaluation of your home.
single family detached ACTIVE LISTINGS condo atch.
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