North Kildonan Real Estate, August 2014.

222 Cheriton Avenue.

222 Cheriton Avenue.

23 Diamond Street.

23 Diamond Street.

 

This past month the Winnipeg real estate market changed quicker than the end of our summer season.  Home sales for the month of August were down twelve percent and new listings coming onto the real estate market were up by five percent.  Let’s see how the North Kildonan real estate market compared, by the numbers:

Active listings, August 2014:  42

Active listings, August 2013:  37

Synopsis:  Homes available in North Kildonan was up by thirteen and a half percent in August.  This percentage is still below the Winnipeg real estate market where there is an increase by twenty-six percent of available homes compared to last year.

New listings for the month, August 2014:  19

New listings for the month, August 2013:  17

Homes sold for the month, August 2014:  26

Homes sold for the month, August 2013:  22

Synopsis:  North Kildonan real estate continues to perform very well with an increase of homes sold by eighteen percent even though available homes listed for sale increased by twelve percent.  Short term the overall real estate activity is becoming more of a balanced market in Winnipeg.  The North Kildonan neighborhood continues to out pace the overall real estate market.

Sales to listing ratio, August 2014:  63%

Sales to listing ratio, August 2013:  68%

Homes sold above asking price, August 2014:  4

Homes sold above asking price, August 2013:  9

Average days to sell a home, August 2014:  28

Average days to sell a home, August 2014:  19

Synopsis:  This is where there is a big change in the North Kildonan real estate market.  Only fifteen percent of the homes that did sell received an offer over the original asking price.  Last year forty percent of the homes sold in North Kildonan had sold above the asking price.  Moving forward into autumn the real estate market pricing of your home is as important as the decision is of selling your home.

Average sales price, August 2014:  $290,715.00

Average sales price, August 2013:  $302,827.00

Lowest sales price for the month:  222 Cheriton Avenue

Highest sales price for the month:  23 Diamond Street

Expert opinion:  I had expected a better real estate market in August for North Kildonan.  Although the market itself was very good, there is a short-term trend developing for the North Kildonan neighborhood.  Active home inventory is up.  New listings for the month are up.  Homes sold for the month are up.  Sales to listing inventory is down.  Homes sold above asking price is down.  It now takes sixty percent longer to sell a home in North Kildonan.  All key indications the real estate market in North Kildonan, for those paying attention, is making a shift to a balanced market should this recent trend continue in our months ahead.

If you are planning on selling, buying, or investing in real estate, then hire the services of a real estate professional.  Should you wish to stay current on the ever-changing North Kildonan real estate market then please opt to follow this blog page.  For your real estate needs call Rolf Hitzer with Royal Lepage Top Producers at 204-989-6900.  Or, email hitzer@aol.com.      

 

 

North Kildonan Real Estate, July 2014.

81 John Huyda Drive.

81 John Huyda Drive.

July may be one of the big vacation times in Manitoba, but there was no break for the North Kildonan real estate market this past month.  Keeping you current with real estate information is my goal for the residents of North Kildonan.  Here is the July North Kildonan real estate market, by the numbers:

Active listings, July 2014:  37

Active listings, July 2013:  33

Variance:  There is an increase of active home inventory of 12% for the North Kildonan neighborhood.  This compares to 29% for the rest of the housing inventory for Winnipeg in the month of July.

New listings for the month of July, 2014:  19

New listings for the month of July, 2013:  18

Homes sold for the month of July, 2014:  33

Homes sold for the month of July, 2013:  22

Synopsis:  The overall Winnipeg real estate market had an increase of 7% in the number of homes sold in July.  North Kildonan had a whopping increase of homes sold year over year by 33%.

Sales to listing ratio, July 2014:  97%

Sales to listing ratio, July 2013:  69%

Homes sold above asking price, July 2014:  10

Homes sold above asking price, July 2013:  9

Synopsis:  Thirty percent of the homes sold in July was above the asking price.  Meanwhile homes for the North Kildonan neighborhood sold 20% quicker this year.

Average sales price, July 2014:  $301,700.00

Average sales price, July 2013:  $298,800.00

Lowest sales price for the month:  243 Emerson Avenue

Highest sales price for the month:  81 John Huyda Drive.

Expert opinion:  It was easy to predict last month the North Kildonan real estate market would continue to remain strong heading into summer, 2014.  The numbers speak for themselves for the bullish market statistics for North Kildonan.  More of the same is my continued expectation for August.

If you are planning on selling, buying, or investing in real estate this year then hire the services of a real estate professional.  If you wish to stay current with the North Kildonan real estate market please opt to follow this blog page.  For your real estate needs, call Rolf Hitzer with Royal Lepage Top Producers at 204-989-6900.  Or, email hitzer@aol.com.

 

243 Emerson Avenue.

243 Emerson Avenue.

 

If you knew you were going to die today….

If you know you will die today...what would you do?

If you knew you were going to die today…what would you do?

Would you do anything different?  Would you change who you are?  Would you rethink your belief in life after death?  If you didn’t have faith before, would you change?  Would you be angry knowing you were going to die today?  Would you let people know today was your last day?  Or hold it a secret?

I lost a friend this past weekend.  He was in his mid-fifties.  He departed much too young from our Earth.  Through my journey in life so far I have lost family, friends, and acquaintances of all ages.  Did they know it was their last day?  When my Mom passed, we both knew it would be her last day.  She is the only person I know so far that knew it was their last day.  I wasn’t ready for such a tremendous loss, she was.  We had left each other with nothing left unsaid and I have kept my bed-side promise to her fulfilled.

If you knew you were going to die today…what would you do?  What would you change?

North Kildonan real estate market statistics, Q2, 2014.

283 McIvor Avenue

283 McIvor Avenue

Increased housing inventory continued in the second quarter for the North Kildonan neighbourhood.  Even though more homes were available for home buyers the North Kildonan area remained to be a seller’s market.  Here is an overview of the North Kildonan real estate activity for the second quarter, by the numbers:

Homes sold in North Kildonan Q2, 2014:  112

Homes sold in North Kildonan Q2, 2013:  92

Sales to listing ratio Q2, 2014:  133%

Sales to listing ratio Q2, 2013:  122%

Average days to sell Q2, 2014:  16

Average days to sell Q2, 2013:  17

Average sales price Q2, 2014:  $306,800.00

Average sales price Q2, 2013:  $299,800.00

Expert opinion:  The real estate activity for North Kildonan the past three months was quite strong.  The neighbourhood performed much better compared to the overall real estate market statistics for the City of Winnipeg.  Historically the second quarter is the best three months of the calendar year for the local real estate market.  Home equity had a gain of two percent versus property values for North Kildonan in 2013.  As had been predicted earlier this year the second quarter for North Kildonan real estate did not disappoint.

Looking into the hazy crystal ball for the next three months I predict a continued strong real estate market for North Kildonan.  Low interest rates, stable employment and buyer demand are the reasons North Kildonan real estate should remain healthy over the third quarter.

Planning on selling, buying, or investing in real estate this year then hire the services of a real estate professional.  If you wish to stay current with the North Kildonan real estate market please opt to follow this blog page.  For your real estate needs, call Rolf Hitzer with Royal Lepage Top Producers at 204-989-6900.  Or, email hitzer@aol.com.

North Kildonan Real Estate market statistics, June 2014.

310 Devon Avenue

310 Devon Avenue

137 Mitchelson Way

137 Mitchelson Way

Home sales in North Kildonan continue to remain hot.  The pent-up demand from our coldest winter in a hundred years have buyers out and ready to purchase North Kildonan real estate.

Keeping you current with real estate information is my goal for the North Kildonan real estate blog.  Here is the June North Kildonan real estate market, by the numbers:

Active listings, June 2014:  34

Active listings, June 2013:  29

Variance:  The North Kildonan area remains consistent this year with an increase of available homes in the real estate market.  June listing inventory was up seventeen compared to one year ago.  Properties available on the Multiple Listing Service for all of Winnipeg was up twenty-six percent.

New listings for the month of June:  17

Homes sold for the month of June, 2014:  38

Homes sold for the month of June, 2013:  30

Synopsis:  Unit sales for the North Kildonan real estate market had a twenty-six percent increase year over year.

Sales to listing ratio, June 2014:  113%

Sales to listing ratio, June 2013:  105%

Average days to sell, June 2014:  20

Average days to sell, June 2013:  20

Homes sold above asking price:  21

Synopsis:  Fifty-five percent of the homes sold in June was above the original asking price.  This out paced the previous month and now makes June the new benchmark for the percentage of homes sold higher than the initial price point.

Average sales price, June 2014:  $315,600.00

Average sales price, June 2013:  $303,600.00

Lowest sales price for the month:  310 Devon Avenue

Highest sales price for the month:  137 Mitchelson Way

Expert opinion:  The North Kildonan market remains as one of Winnipeg’s strongest districts for real estate activity.  Congratulations, North Kildonan.  I anticipate real estate activity will continue strong throughout the summer of 2014.

If you are planning on selling, buying, or investing in real estate this year then hire the services of a real estate professional.  If you wish to stay current with the North Kildonan real estate market please opt to follow this blog page.  For your real estate needs, call Rolf Hitzer with Royal Lepage Top Producers at 204-989-6900.  Or, email hitzer@aol.com     

Use my smartphone? Should I, or shouldn’t I?

iPhone 4S

iPhone 4S

I thought I would share some recent encounters I have had with people and their cell phones.  What you are about to read actually happened over the past several weeks.  Warning!  You may not want to try this at home with your smartphone:

-  while using a public restroom the person next to me was talking on their cell phone.  I could hear the entire conversation because the person was speaking quite loud into his phone.  As I sat there in my stall I couldn’t help but wonder if the person on the other end of the phone call could hear the person next to me passing gas during their conversation?

-  during a meeting with another person where I had only one hour available their phone rang during our session.  The person answered their cell phone and gave me the “just a minute” signal with their finger.

-  I stepped into the elevator and there is a person on their cell phone having an argument with whomever she was speaking too.  I press the lobby button and stand back in the confined space awkwardly while the other person continues their rant on their cell phone.  It’s fourteen floors down to the lobby and it can’t come quick enough for me.

-  the stewardess announces all electronic devices including cell phones are to be turned off as the pilots prepare for a safe take off.  The person beside me is ignoring the announcement and is texting someone.  I’m scared of flying.  The stewardess stops and asks the person politely beside me to please turn off their cell phone.  He does.  But the minute the stewardess walks away he powers up his phone again.  Really?

-  I’m having dinner with a friend who I haven’t seen in a while.  He is picking up his cell phone every minute and checks it.  I’m not sure why because his smartphone setting was not on silent.  I am starting to believe I am a boring friend.

-  I’m attending a business seminar to improve my real estate services for my clients.  The speaker’s opening comment is requesting everyone to please turn their phones off, or please put your cell phone on silent mode.  Easily one-third of the room reach into their pocket, or purse, and respect the request of the speaker.  Everyone can visibly see people change their phone settings.  Less than two minutes into the presentation a cell phone begins to ring.  The room falls silent in disbelief as all eyes turn to the person searching for their phone.

-  standing in line at the store to pay for my groceries the person in front of me is on his cell phone talking and ignoring the cashier.  Myself, the cashier and the person in line behind me look at the person on the phone in disbelief.  I have a knack of selecting the wrong line at the grocery store.

It is statistically proven people will speak thirty percent louder when they are on their cell phone.

These are just some of the encounters I have had over the past several weeks with people and how they decide to use their smartphones.  I know I have been guilty myself without using proper cell phone etiquette.  I have been making a conscious effort to be more respectful with my iPhone since starting these blog articles on proper cell phone use.

My lesson learned is as follows:  Think before you decide to use your cell phone and respect the people around you.

Feel free to share your comments, or cell phone stories and please select the “follow” option for more stories in the future.

North Kildonan Real Estate market statistics, May 2014.

72 Malcana Street

72 Malcana Street

1593 Rothesay Street

1593 Rothesay Street

 

The North Kildonan real estate market continues where it had left off from the previous month, at a bullish pace for certain price categories.

Keeping you current with real estate information is my goal for the North Kildonan real estate blog.  Here is the May North Kildonan real estate market, by the numbers:

Active listings, May 2014:  38

Active listings, May 2013:  34

Variance:  An increase in listing inventory remains to be a continuing trend this year.  The May listing inventory was up by twelve percent compared to last year.

New listings for the month of May:  14

Homes sold for the month of May, 2014:  46

Homes sold for the month of May, 2013:  34

Synopsis:  Even with the increase of listing inventory unit sales had an increase of thirty-five percent year over year for the same month.

Sales to listing ratio, May 2014:  194%

Sales to listing ratio, May 2013:  104%

Average days to sell, May 2014:  15

Average days to sell, May 2013:  16

Homes sold above asking price:  19

Synopsis:  Wow!  Forty-one percent of the homes sold had gone for an amount above the original asking price.  This is the best performance for any given month so far in 2014 for the North Kildonan neighbourhood.

Average sales price, May 2014:  $308,800.00

Average sales price, May 2013:  $285,800.00

Lowest sales price for the month:  1593 Rothesay Street

Highest sales price for the month:  72 Malcana Street

Expert opinion:  Throughout the City of Winnipeg for all neighbourhoods there was another increase in active listings of twenty-two percent.  The North Kildonan real estate market had only a twelve percent increase of active listings.  The number of homes sold in North Kildonan was fantastic when compared to a modest one percent increase city-wide.  Once again North Kildonan real estate out performed most other neighbourhoods, bravo!

If you are planning on selling, buying, or investing in real estate this year hire the services of a real estate professional.  If you wish to stay current with the North Kildonan real estate market then please opt to follow this blog page.  For your real estate needs, call Rolf Hitzer with Royal Lepage Top Producers at 204-989-6900.  Or, email hitzer@aol.com.