Winnipeg Real Estate Monthly Dollar Volume Eclipses $400 Million for First Time

Free Home Sale Preparation List courtesy of Brenden Morgan, Sutton Group. (204) 955-0500 24 hrs

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1600 Winnipeg home sales in May 2012 make it second best month in history for Winnipeg real estate market

by Brenden Morgan, Sutton Group
(204) 955-0500 24 hrs

There were over 1,600 sales in the Winnipeg real estate market in May 2012 – making it the second best May ever next to May 2007. A fabulous month indeed and it demonstrates buyers are as active as ever in taking advantage of exceptionally low mortgage rates and one of the most affordable major real estate markets in the country.

There have now been two consecutive months where residential-detached sales in the over $500,000 price range have significantly outnumbered the under $99,999 price range. When you compare May 2012 to May 2011, MLS® unit sales in Winnipeg increased 10% while dollar volume went up 17%. Year-to-date sales for Winnipeg real estate in 2012 are ahead of 2011 by 5% while dollar volume has risen 12% in the first five months.

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Not surprisingly given the strength of the Winnipeg real estate market in May, there were more homes that sold for above list price than below list price.

The most active price range for May residential-detached sales in Winnipeg was $250,000 to $299,999 with 24% of total sales activity. Dropping back in market share but still second was the $200,000 to $249,999 price range at 17%. Two-thirds of all sales of Winnipeg homes are from $150,000 to $300,000.

In the Winnipeg condominium market, 30% of sales fell in the $150,000 to $199,999 price range, but the next laddered range of $200,000 to $249,999 is growing in market share with 21% of total sales.

Average days on market for residential-detached homes in Winnipeg in May was 24 days, two days quicker than last month and two days off the pace set in May 2011. Days on the market for Winnipeg condominium sales in May was 28 days, nine days faster than last month and the same rate as May 2011.

For a Free Home Value Analysis of your home in Old St. Vital, Bright Oaks, Elm Park, Pulberry, Norberry, Normand Park, River Pointe, or Van Hull Estates please Click Here.

I am available at anytime to discuss the Real Estate market. Get the FACTS. Whether buying, selling or if you just have questions, call me. (204) 955-0500.

Thanks for reading!


Brenden Morgan, Real Estate Agent Winnipeg, Sutton Group Realty

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FANTASTIC 5BR HOME IN MEADOWS WEST FANTASTIC 5BR HOME IN MEADOWS WEST

Real Estate for Sale, ListingId:18464171, location: 15 Piper Place Winnipeg Here is the home you have been waiting for. Fantastic 5 bedroom 1678SF 4 level split in a desirable cul de sac location. Feel at home as soon as you walk in. Rich dark hardwood floors throughout the living and dining rooms. Large eat-in kitchen with island full of storage and breakfast nook. Kitchen flooring done in ’11. The upper level consists of the large master bedroom with full 4 piece ensuite’10. Also on the upper level are the other 2 bedrooms of generous size as well as a full 4 piece main bathroom. Once in the lower level you have a large rec room, 2 piece bath and the other 2 large bedrooms ’11. Once outside in the large backyard you have a great two tiered deck ’10 for entertaining or to watch the kids play. Features include newer high efficiency furnace and air conditioning and newer kitchen appliances. Do not miss the opportunity to make this home yours.

Real Estate for Sale in Winnipeg, Manitoba

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QUALICO BUILT 2000SF HOME IN HARBOURVIEW SOUTH QUALICO BUILT 2000SF HOME IN HARBOURVIEW SOUTH

Real Estate for Sale, ListingId:18338393, location: 88 Reg Wyatt Winnipeg 3 years new Qualico 2000SF 3BR 2.5 baths in desirable Harbourview South! Open plan w/ lots of extras. Features include great room w/ gas FP, lots of windows, maple trim. Huge eat-in maple kitchen has custom backsplash, island, walk-thru pantry, 2 incl appliances, formal dining area w/door to potential deck. Professional office at front door, main floor laundry – machines included, 20×22 AT2. Upper level feat 3 spacious BRs all with their own WICC! Huge MB has luxury ensuite w/ deep therapy soaker tub and will surely be a hit! Lower level is partially finished. Completely insulated and wired and mostly framed in. Potential for 2 more flex rooms plus recroom, RI plumbing and large mechanical. Hi-eff furnace, HRV, sump pump, piled foundation, power smart w/ R50 attic insulation and dbl insulated bsmnt are just some of the extras you’ll find. Book your viewing today!

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FORMER KENSINGTON SHOW HOME FORMER KENSINGTON SHOW HOME

Real Estate for Sale, ListingId:18237737, location: 6 Vintage Hills Winnipeg This 1900SF home features hardwood and tile throughout main floor. Beautiful maple kitchen, designer colors throughout, fantastic master bedroom with ensuite! The lower level has been professionally developed with study or optional 4th bedroom. Situated on landscaped yardsite in one of North Kildonan’s most popular subdivisions.

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Real Estate for Sale, ListingId:18237827, location: 11 Daken Winnipeg Brand New! Price and value are here in this 1400SF home! Features include wide open floor plan, bamboo engineered hardwoods, exotic shower that you definitely won’t see everyday, 3BRs and a wide open basement with plenty of potential. Last but not least is the 800SF double detached garage. Situated in popular north Henderson subdivision.

Real Estate for Sale in Winnipeg, Manitoba

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ONE OF A KIND CUSTOM IRWIN BUILT HOME ONE OF A KIND CUSTOM IRWIN BUILT HOME

Real Estate for Sale, ListingId:18131437, location: 239 McKay Winnipeg This is a fantastic home with a timberframe entrance like you have never seen before! Rustic feel with contemporary flavor. Some features include open concept floor plan, maple hardwoods throughout and large alder kitchen with granite countertops! 9′ ceilings throughout. Huge master bedroom with garden doors & private balcony complimented with a 5pc deluxe ensuite. The lower level is fully developed with 3 bedrooms & 5 pc bath. Completely turn key. Situated mere minutes from the perimeter.

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Real Estate for Sale, ListingId:18132488, location: 87 MinikadaBay Winnipeg Located in a quiet bay close to buses, parks, schools and more. This home features 2 bedrooms on the main floor with the 3rd converted into a dining room. The fully finished basement offers an additional bedroom and a 2nd full bathroom. Upgrades include roof, soffit, fascia, A/C, flooring, kitchen, baths and more! 52×100 lot with landscaped deck in the private back yard will surely impress. Call today for your private viewing.

Real Estate for Sale in Winnipeg, Manitoba

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