Here are the Sales and Listing Stats for August 2009 for the hot Winnipeg Real Estate Market, as compiled by Winnipeg REALTORS®.
WINNIPEG - While MLS® sales in August fell short of last year’s mark by only 17 sales and 11 %
off the best sales month on record for August in 2005, this year’s August, based on prices in general
being slightly better in comparison to last year, recorded its best dollar volume result ever for this
month at $231 million. It also paves the way for the third consecutive year of $2 billion worth of
MLS® sales activity as year-to-date dollar volume now sits at $1.75 billion.
August 2009 also saw WinnipegREALTORS® record its 8th million dollar plus home sale which is
equal to the most sales ever sold in one year in this price range. It was an impressive newly built
home in Waverley West that sold for $1,290,000. With four months to go, there is a distinct
possibility another one or more luxury homes may sell before year end. There are currently 18
million dollar plus MLS® listings – 16 homes and 2 condominiums. The highest list price is a
Wellington Crescent home going for $2,800,000.
Talking about million dollar plus home sales, the Calgary Real Estate Board sold its first $10 million
home in August. It was the home of former NHL goaltender Mike Vernon.
Also noteworthy, is year-to-date sales activity in comparison to the same period last year is
improving and coming within a few percentage points now of WinnipegREALTORS® January
forecast. It predicted home sales would be down 5% from last year and house prices up in the low
single digits as opposed to double-digits like the past six years.
August MLS® unit sales were down 1% (1,151/1,168) while dollar volume rose 6% ($231.2
million/$218.9 million) in comparison to the same month last year. Year-to-date MLS® sales are off
8% (8,620/9,392) while dollar volume is down only 4% ($1.75 billion/$1.83 billion) in comparison to
the same period in 2008. Year-to-date active MLS® listings of 3,000 at month end are tracking very
close to last year while listings entered on the MLS® to the end of August are at 13,000, slightly
lower than 2008.
The full stats are available on my website by clicking this link:
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