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.
Feb. 9, 2010 - PRLog -- 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:

# # #

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.
Source:Bo Kauffmann, REALTOR®
Email:*** Email Verified
Zip:R2M 3R5
Tags:Real Estate Agents, Listing Agents, Winnipeg, MLS, Realtor, Realtors, Market Updates, Winnipeg Real Estate Market
Industry:Real Estate
Location:Winnipeg - Manitoba - Canada
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Bo Kauffmann (Re/Max) PRs
Trending News
Top Daily News
Top Weekly News

Like PRLog?
Click to Share