Courtesy of Linda Storoschuk

Strong Start To Fourth Quarter WINNIPEG – October MLS ® sales of 1,107 increased 8% over

AVERAGE SALE PRICES

$324,786 detached

$234,509 condo

October 2017 and 1% over the 5 –year average for this month. Sales rebounded and actually outsold a slower performing September as usually it is the other way around. Year-to- date sales of 11,371 are down 5% from the same period in 2017. Listings entered on the MLS ® to the end of October are slightly ahead of last year with both respective years over 21,000 listings. The big difference behind fewer sales in 2018 is 52.6% of listings sold compared to 56.5% in 2017. “October results showed how our local market despite some challenges can quickly rebound and deliver solid results,” said Chris Dudeck, president of WinnipegREALTORS ® . “There still remains a wide range and selection of properties for sale with two months to year end.” As for specific property types, both residential- detached and condominium sales activity in October were right in line with their 5-year average for this month of 798 and 143 respectively. Where these two depart in similarity is in the percentage of new listings which sold in October; 67% for residential-detached versus 50% for condominiums. Source: WinnipegREALTORS ®

800

single family detached SOLD LISTINGS 141 condo

2,492

DAYS ON MARKET

33 detached

DAYS ON MARKET

781

43

condo

Stats are Reflective of October 2018 Source: WinnipegREALTORS ®

single family detached ACTIVE LISTINGS condo

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.

Cell: 204-330-6563 lastoroschuk@outlook.com www.LindaStoroschuk.remax.ca Call me for all your real estate needs.

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