Feb. 9, 2010
-- 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.