Winnipeg REALTORS® market statistics for Winnipeg in October 2012
October real estate market stats for Winnipeg and surrounding region. For a more focused report on Winnipeg-only, see Bo Kauffmann's blog.
"Only October 2007 surpasses this October in sales but dollar volume worth nearly $282 million, including three $1 million plus home sales and a $925,000 condominium, resulted in a new October dollar volume record. It also sets up an interesting finishing two months with a razor-thin lead in MLS® sales over 2011 and within 140 sales of the best year ever in 2007. New listings are positive with over 1,500 new properties put on the MLS® in October or 8% more than the same month last year. There are over 3,000 active MLS® properties available for purchase in November of which 1,748 are residential-
So buyers should be encouraged and also take some consolation knowing October had a two to one ratio of residential-
While a distant third with only 5% of total market share, vacant land has been a real standout MLS® property type this year with a 25 % increase in sales activity and a 48% increase in dollar volume. This result is indicative of the excellent year Manitoba home builders are having with starts well in excess of initial forecast expectations.
October MLS® unit sales increased 4% (1,118/1,076)
“We knew coming into the second half of 2012, especially the final two months, that we are up against some absolutely terrific all-time or near best monthly sales performances in 2011. So it will not be easy to maintain our slim lead to the end of the year,” said Shirley Przybyl, president of WinnipegREALTORS®
October 2012 points out once again why there is always emphasis from WinnipegREALTORS®
“It behooves anyone dealing in such a dynamic and diverse market as Winnipeg’s, be it urban or rural, to enlist a knowledgeable professional before attempting to buy or sell a property.” said Przybyl.
The most active price ranges for residential-
The average days on market for residential-
For a more focused report on Winnipeg-city, go to http://blog.winnipeghomefinder.com/
Page Updated Last on: Nov 12, 2012