2020 off to a Strong Start!
Winnipeg - 2020 got off to a strong start with 731 MLS SALES, a 15% increase over January 2019 and 18% more than the 5 year average total.
Positive momemtum from the end of 2019 continues in 2020 with brisk sales for this time of year.
Affordability is a real strength in the Winnipeg market regions and makes the dream of homeownership possible.
Over half of all detached homes and condominiums are listed below $300,000, and another 20% are listed from $300,000 to $400,000.
Of the 70 condominiums sales, 85% sold for under $300,000 with the most active price range being from $100,000 to $149,999 at 20% of total sales.
The Highest condo price to sell in January was $589,900.
Commercial properties also shone in comparison to last January with 23 sales and one mixed use commercial building selling for $2.6 million.
Lots of choice and options for buyers in 2020 and that will prevail in February and into the spring.