January 2013 is a Great Kick start to the Year!
A New Monthly dollar volume record for January was set, giving better than average sales and prices remaining firm.
There was a 11% increase in MLS Listings ( 1,164 new properties ), which was a welcomed addition to the existing
inventory and gave buyers more options to choose from.
There were a number of MLS areas showing an improvement in higher conversions of listings to sales with respect to
residential-detached properties. Two examples in Winnipeg were Deer Lodge and West Kildonan MLS areas while the
rural MLS area which includes lac du Bonnet saw a marked improvement from last January.
The most active residential-detached price range was from $150,000 to $199,999 at 21%.
The $200,000 to $249,999 price range captured 18% of the market.
While $250,000 to %299,999 registered 19%.
For Condominiums, $150,000 to $ 199,999 price range led the way at 37% of total sales.
The average days on market for residential-detached sold properties was 44 days, two days slower than January 2012.
The average days on market for condominiums was 41 days, six days slower than January 2012.