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Winnipeg Real Estate Market Update for February 2010

Winnipeg REALTORS® have issued their monthly press release. While January 2010 sales fell below 500, dollar volume exceeded the $100 Million mark for a first time in January ever.

 
PRLog - Feb. 9, 2010 - WINNIPEG, Canada -- Winnipeg REALTORS® issue monthly press releases regarding the state of Winnipeg's Real Estate Market.  Bo Kauffmann of Remax Performance Realty summarizes the release this way:

"Although the numbers of sales are below 500 units for the month, the “dollar-total” was, for the first time ever in a January, over $100 Million.  The fact that sales were lower is a reflection on the lack of homes on the market.  (As I had recently indicated in a video, available homes in Winnipeg numbered just over 500)

These lack of listings also resulted in the fact that 35% of homes sold above the list price, and the average residential-detached home price was up 17% over Jan 2009.

As usual, the most active sections of the market (residential detached) were in the $150K to $250 K range, making up 41% of the sales."

For addition information, including a video presentation, go to Bo's blog site at: http://bokauffmann.com/2010/winnipeg-real-estate-market-u...

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Award winning Real Estate Agent in Winnipeg. Works with home buyers in the search of their dream home, and excels as a "Listing Agent", with marketing plans which are second-to-none. Homes are featured in magazines, newspapers, internet and Television.

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Contact Email:
***@remax.net Email Verified
Source:Bo Kauffmann, REALTOR®
Phone:204-333-2202
Zip:R2M 3R5
City/Town:Winnipeg - Manitoba - Canada
Industry:Real Estate
Tags:real estate agents, listing agents, winnipeg, MLS, realtor, realtors, market updates, winnipeg real estate market
Shortcut:prlog.org/10525729
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