Donation Choice: " In Support of " The Winnipeg Humane Society
The RE/MAX 2017 Average Price Expectation for Winnipeg
is an Increase of 3%
The Winnipeg Housing Market was Balanced in 2016 and is Expected to shift Slightly to a Buyer's MARKET IN 2106.
The average residential sale price rose 3% year over year in 2016, from $281,022 to 288,500.
Sales increased by 6% between January and October in 2016 compared to 2015.
Single-family detached homes between $200,00 and $300,000 are in the
highest demand in Winnipeg, while move up buyers are particularly active 

in the city, typically looking for properties in the  $400,000 to $600,000 range.
First-Time Buyers

Are single milennials or young families. Single milennials are active in the city condo market while families looking to purchase their first home drive demand in Winnipeg's starter single-detached homes and townhouse market.

Condo Market

Adverse supply of both new and resale products has fuelled activity in Winnipeg's condo market with sales increasing by 10% year over year in 2016.
Retires are typically attracted to resale condos located in Winnipeg's surrounding areas, while millennial buyers drive demand for new development in the city's downtown core.

Luxury Homes
Winnipeg's luxury Market has grown substantially in recent years,
with increased numbers of new builds in both the city centre and surrounding areas. 
The number of luxury homes Sold in 2015 rose from 85 to 112 in 2016.
 
High inventory is expected to result in a slight softening in prices in the upper end market in 2017.

 

Residential-Detached Sales:
June 2017 MLS SALES 

June sales were two sales behind last years's highest activity on record for the month.
Active listings or the current inventory going into July is sitting at 9% down from the same .

This Year, 25% of residential-detached listings sold for above the list price while 13% of condomimium listings went for above list price.

While total residential-detached sales for the first six months are down modestly from last year, the main distinquishing difference from 2016 is the increase in sales over $300,000, they have increased over 7%.

Average days to sell a home in June was 26 days. 

 

 

Rhonda Dahmer
 

DONATION CHOICE:

" In Support of "
The Winnipeg Humane Society


Donations give from every sale to help prevent cruelty to animals Rhonda Dahmer Remax associates

 

Rhonda Dahmer, RE/MAX associates
  Office 204-989-9000    Cell 204-291-6924  rdahmer@shaw.ca

 
Rhonda Dahmer, REALTOR®, real estate agents for RE/MAX of Winnipeg, Manitoba specializing in helping clients buy & sell
 properties in the greater Winnipeg Area.  Offering Realtor services, mortgage services, home buyer information,
 home seller information, comparative market analysis (CMA), home evaluation, new listing notifier,
MLS listings for sale, mortgage calculators, interest rates, local Winnipeg community and area school information.