North Kildonan real estate market statistics, December 2015.

It’s not a mystery December is the slowest month of the year for residential real estate activity.  Let’s see how the North Kildonan real estate market performed in December, by the numbers:

Active listings, December 2015:  23

Active listings, December 2014:  23

New listings for the month, December 2015:  14

New listings for the month, December 2014:  6

Homes sold for the month, December 2015:  19

Homes sold for the month, December 2014:  10

Homes sold above asking price, December 2015:  0

Homes sold above asking price, December 2014:  0

Average days to sell, December 2015:  42

Average days to sell, December 2014:  38

Sales to homes listed, December 2015:  84%

Sales to homes listed, December 2014:  48%

Average sales price, December 2015:  $319,250.00

Average sales price, December 2014:  $294,800.00

Lowest sales price for the month:  16 Rowe Street

Highest sales price for the month:  73 Malcanna Street

Call Rolf Hitzer with Royal LePage Top Producers at 204-989-6900 for your real estate needs.  Or, email hitzer@mymts.net.

16 Rowe Street

16 Rowe Street

73 Malcanna Street

73 Malcanna Street

 

North Kildonan real estate versus Winnipeg real estate, 2015.

281 Stuart Avenue

281 Stuart Avenue

I enjoy preparing the comparison of the North Kildonan real estate market housing statistics versus all the other Winnipeg neighborhoods quite interesting.  Included with the neighbourhood data is the average sales price and the days on market for a home to sell.  The homes listed to sales percentage shows you the odds of selling your home in the respective areas versus North Kildonan.

Lets’ see how North Kildonan real estate compares to the rest of the nieghbourhoods throughout Winnipeg, by the numbers:

1.)  Fort Rouge average home value:  $246,900.00

–  average days to sell:  19

–  homes listed to sales ratio:  78%

2.)  River Heights average home value:  $357,000.00

–  average days to sell:  21

–  homes listed to sales ratio:  68%

3.)  Charleswood average home value:  $325,000.00

–  average days to sell:  19

–  homes listed to sales ratio:  68%

4.)  Fort Richmond/Waverly Heights average home value:  $336,900.00

–  average days to sell:  23

–  homes listed to sales ratio:  75%

5.)  St. Vital average home value:  $300,500.00

–  average days to sell:  20

–  homes listed to sales ratio:  73%

6.)  River Park South average home value:  $366,000.00

–  average days to sell:  26

–  homes listed to sales ratio:  59%

7.)  Windsor Park average home value:  $278,700.00

–  average days to sell:  15

–  homes sales to listed ratio:  81%

8.)  Southdale average home value:  $355,200.00

–  average days to sell:  25

–  homes listed to sales ratio:  70%

9.)  Elmwood average home value:  $184,600.00

–  average days to sell:  23

–  homes sales to listing ratio:  65%

10.)  East Kildonan average home value:  $247,500.00

–  average days to sell:  21

–  homes sales to listing ratio:  71%

11.)  Valley Gardens average home value:   $303,400.00

–  average days to sell:  30

–  home sales to listing ratio:  61%

12.)  Kildonan Meadows/Lakeside Meadows/Harbourview South home values:  $337,800.00

–  average days to sell:  28

–  home sales to list ratio:  51%

13.)  Transcona home values:  $253,000.00

–  average days to sell:  22

–  home sales to list ratio:  77%

14.)  East St. Paul home values:  $545,000.00

–  average days to sell:  34

–  home sales to list ratio:  40%

15.)  West Kildonan home values:  $225,500.00

–  average days to sell:  34

–  home sales to list ratio:  66%

16.)  Garden City home values:  $333,200.00

–  average days to sell:  32

–  home sales to list ratio:  59%

17.)  Maples home values:  $301,600.00

–  average days to sell:  29

–  home sales to list ratio:  62%

18.)  Tyndall Park/Garden Grove home values:  $276,000.00

–  average days to sell:  32

–  home sales to listing ratio:  69%

19.)  St. James home values:  $251,200.00

–  average days to sell:  25

–  homes sales to listing ratio:  68%

20.)  West End/Wolseley home values:  $250,600.00

–  average days to sell:  23

–  home sales to listing ratio:  74%

21.)  North Kildonan home values:  $320,000.00

–  average days to sell:  25

–  home sales to listing ratio:  69%

The information for this article was made available from the Multiple Listing Service provided by the Winnipeg Realtors Association from January 1, 2015 and to October 31, 2015.

Planning on selling, buying, or investing in real estate?  Call Rolf Hitzer with Royal LePage Top Producers at 204-989-6900.  Or email, hitzer@mymts.net.

 

         

 

North Kildonan real estate market statistics, November 2015.

107 SAGE WOOD

107 SAGE WOOD

90 Vintage Hills Court

90 Vintage Hills Court

November real estate activity across Winnipeg had an increase of home sales by 9%.  Let’s see how the North Kildonan real estate market performed, by the numbers:

Active listings, November 2015:  42

Active listings, November 2014:  27

New listings, November 2015:  17

New listings, November 2014:  15

Comment:  Active listings in Winnipeg was up by 5%.  Meanwhile in North Kildonan active listings were up by 55% when compared to one year earlier for the neighborhood.

Homes sold for the month, 2015:  16

Homes sold for the month, 2014:  17

Sales to list ratio, November 2015:  40%

Sales to list ratio, November 2014:  64%

Homes sold above asking price, November 2015:  0

Homes sold above asking price, November 2014:  3

Comment:  North Kildonan continues to perform lower when compared to the overall market statistics and real estate activity for the rest of Winnipeg.  The side effect of higher housing inventory is the reason why North Kildonan real estate is doing what it currently is doing.

Average sales price, November 2015:  $336,500.00

Average sales price, November 2014:  $296,700.00

Lowest sales price for the month:  107 Sage Wood Avenue

Highest sales price for the month:  90 Vintage Hills Court

Expert opinion:  As we approach the end of 2015 the North Kildonan real estate market performed very well earlier in the year.  These past few months in North Kildonan there was a shift to a balanced real estate market, and at times, a buyers market.  Low interest rates are in the forecast for next year and this will continue to allow affordable home ownership opportunities for North Kildonan.

     

North Kildonan real estate market statistics, October 2015.

179 Summerfield Way

179 Summerfield Way

313 Saddleridge Lane

313 Saddleridge Lane

Throughout the entire city in October there had been twenty-five fewer homes that had sold for the month.  For Winnipeg the month represented a sales decline of 2.6 %.  Let’s see how home sales performed for the North Kildonan neighbourhood last month, by the numbers:

Active listings, October 2015:  58

Active listings, October 2014:  32

New listings, October 2015:  28

New listings, October 2014:  17

Comment:  Housing inventory continues to be much higher in North Kildonan when compared to the real estate market across the other Winnipeg districts.  October was a buyer’s market for North Kildonan and if this trend continues over the months ahead there could be a negative impact on home values for the area. 

Homes sold for the month, 2015:  20

Homes sold for the month, 2014:  26

Sales to list ratio, October 2015:  35%

Sales to list ratio, October 2014:  81%

Homes sold above asking price, October 2015:  1

Homes sold above asking price, October 2014:  5

Comment:  Home sales was down by 30% when compared to only 2.6% for the overall Winnipeg housing sales activity in North Kildonan.  The statistic for homes sold versus the amount of homes listed for sale dropped well below the 50/50 ratio.  October was a buyers market for the North Kildonan neighbourhood.

Average sales price, October 2015:  $358,500.00

Average sales price, October 2014:  $294,700.00

Average days to sell a home, 2015:  40

Average days to sell a home, 2014:  25

Lowest sales price for the month:  179 Summerfield Way

Highest sales price for the month:  313 Saddleridge Lane

Expert opinion:  The headline for the real estate market in North Kildonan reads:  Housing inventory is up substantially for North Kildonan.  Add in the reality of fewer homes have sold this year versus last year;  it has become a buyers market for the North Kildonan real estate market.  I expect this trend will continue as we near the end of 2015 and into the new year.  If you have been thinking of buying a home in North Kildonan now is a really good time to put your plans into action to take advantage of the tighter real estate market.

For a complimentary consultation when planning to sell, buy, or invest in real estate, then please call Rolf Hitzer at Royal LePage Top Producers, 204-989-6900.  Or email, hitzer@mymts.net.

 

The 2015 Great Manitoba Pumpkin has been found.

Finishing in 9th place is this trio of pumpkins submitted by Meghan, Madison and Myah St. Laurent.

Finishing in 9th place is this trio of pumpkins submitted by Meghan, Madison and Myah St. Laurent.

In 7th position this carved pumpkin by Eric Balla.

In 7th position this carved pumpkin by Eric Balla.

In the 6th position, this carved pumpkin by Sheryl Holding.

In the 6th position, this carved pumpkin by Sheryl Holding.

At pumpkin carving number 5, by Layne Theriault.

At pumpkin carving number 5, by Layne Theriault.

Finishing in the 4th position is this pumpkin carving by Lloyd Hiebert.

Finishing in the 4th position is this pumpkin carving by Lloyd Hiebert.

Tied for 3rd place and winner of the $50.00 cash prize is this pumpkin carved by Dillon Novakoski.

Tied for 3rd place and winner of the $50.00 cash prize is this pumpkin carved by Dillon Novakoski.

Also tied for 3rd place and winner of the $50.00 cash prize is this carved pumpkin submission by Leah Friesen.

Also tied for 3rd place and winner of the $50.00 cash prize is this carved pumpkin submission by Leah Friesen.

Capturing the second best pumpkin overall in the 2015 Great Manitoba pumpkin search is this submission by Brad Bamford.

Capturing the second best pumpkin overall in the 2015 Great Manitoba pumpkin search is this submission by Brad Bamford and winning a cash prize of $100.00.

Congratulations to Annette Easton for submitting the 2015 Great Manitoba Pumpkin and also the recipient of the $150.00 cash prize for winning the competition.

Congratulations to Annette Easton for submitting the 2015 Great Manitoba Pumpkin and also the recipient of the $150.00 cash prize for winning the competition.

Coming in at number 8 is this pair of pumpkins submitted by Adrian Vlaming and Jenn Bronk.

Coming in at number 8 is this pair of pumpkins submitted by Adrian Vlaming and Jenn Bronk.

Congratulations to Ms. Annette Easton.  She is being crowned for having the best carved pumpkin in this year’s search for the Great Manitoba Pumpkin contest sponsored by Royal LePage Top Producers.  Finishing in second place is Mr. Brad Bamford.  There was a tie for third place and the winners are Ms. Leah Friesen and Mr. Dillon Novakoski.

With well over 100 carved pumpkin submissions this year the judges had the task of voting for their top selections.  The crew at Royal LePage Top Producers would like to thank the residents throughout the city and Province for submitting your carved pumpkins.  Also a big shout out to the judges who volunteered to review all the pumpkins that were submitted.

Here are the Top Ten carved pumpkins selected in the 2015 search for the Great Manitoba Pumpkin:

Finishing 10th overall is this carved pumpkin from Mark Dick.

Finishing 10th overall is this carved pumpkin from Mark Dick.

 

North Kildonan real estate market statistics, Q3, 2015.

The North Kildonan neighborhood one year ago was trending towards a balanced real estate market.  Well, the same can be said for this past quarter.  The North Kildonan area is now into the final quarter of the calendar year.  And historically, it is the time of year when the least amount of homes sell.   Let’s see how North Kildonan performed this past summer, by the numbers:

Active listings Q3, 2015:  196

Active listings Q3, 2014:  121

New listings Q3, 2015:  95

New listings Q3, 2014:  60

Homes sold in Q3, 2015:  103

Homes sold in Q3, 2014:  89

Sales to listing ratio Q3, 2015:  63%

Sales to listing ratio Q3, 2014:  78%

Homes sold above asking price Q3, 2015:  21

Homes sold above asking price Q3, 2014:  18

Average days to sell a home Q3, 2015:  25

Average days to sell a home Q3, 2014:  21

Average sales price Q3, 2015:  $318,000.00

Average sales price Q3, 2014:  $297,100.00

Highest sales price Q3:  238 Rothesay Street

Lowest sales price Q3:  284 Edelweiss Crescent

284 Edelweiss Crescent

284 Edelweiss Crescent

2338 Rothesay Street

2338 Rothesay Street

Expert opinion:  The third quarter was actually stronger than the second quarter.  Normally it would be the other way around.  Inventory was up, but so were the home sales.  Home equity dipped ever so slightly from the average sales price throughout the spring market.  Overall, a strong third quarter for North Kildonan residents.  Looking ahead we should see the least amount of buying activity as we approach the slowest month of the year, December.  If the final quarter is anything like the past three months, and all things taken into consideration, we should see a good to strong three months to finish our year.

Wish to remain current with the ever-changing North Kildonan real estate market and how it will impact you financially?  Then please “opt” to follow this blog.

For a complimentary real estate consultation when planning to sell, buy, or invest in real estate, then please call Rolf Hitzer at Royal LePage Top Producers, 204-989-6900.  Or email, hitzer@mymts.net.

 

 

 

  

North Kildonan real estate market statistics, September 2015.

271 McKay Avenue

271 McKay Avenue

109 Mitchelson Way

109 Mitchelson Way

Across Winnipeg homes listed for sale was 7 1/2% higher than the previous year.  Homes sold for the month in all Winnipeg neighborhoods was down by 3%.  Let’s see how the North Kildonan real estate market performed in comparison, by the numbers:

Active listings, September 2015:  63

Active listings, September 2014:  42

New listings for the month of September, 2015:  24

New listings for the month of September, 2014:  22

Comment:  Active home inventory is up by over 50% for September and when compared to the same month one year ago.  This past August housing inventory was up 57% and July up 80%.  The slow-moving trend for homes listed for sale continues to favor the buyer in the North Kildonan neighborhood.

Homes sold for the month, 2015:  34

Homes sold for the month, 2014:  30

Sales to list ratio, September 2015:  53%

Sales to list ratio, September 2014:  74%

Homes sold above asking price, September 2015:  9

Homes sold above asking price, September 2014:  4

Comment:  The North Kildonan real estate market remained at a balanced market to a buyers market.  Many of the homes sold above the asking price this year was only by one hundred dollars above the original asking price.

Average sales price, September 2015:  $320,600.00

Average sales price, September 2014:  $299,000.00

Average days to sell a home, 2015:  28

Average days to sell a home, 2014:  24

Lowest sales price for the month:  221 McKay Avenue

Highest sales price for the month:  109 Mitchelson Way

Expert opinion:  The average sales price this month is up over 20% when compared to last year.  The reason for such a noticeable average price increase for a home in North Kildonan is the property sales were far more active in a higher price category.  It wasn’t a true reflection of the average sales price for a North Kildonan home.  Looking ahead for the final quarter of 2015 in the North Kildonan neighborhood I anticipate, as is historically normal, the slowest real estate activity as Manitobans prepare for our winter and holiday season in December.

Wish to remain current with the ever-changing North Kildonan real estate market and how it will impact you financially?  Then please “opt” to follow this blog.

For a complimentary consultation when planning to sell, buy, or invest in real estate, then please call Rolf Hitzer at Royal LePage Top Producers, 204-989-6900.  Or email, hitzer@mymts.net.