Winnipeg Real Estate Market Update for April 2011

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Each month, Winnipeg’s Real Estate Blog issues a Real Estate Market Update by taking a look at the previous month’s sales and listing stats on the MLS®.   We report on the total numbers of homes sold in Winnipeg during the previous month, and then take a look at how many Winnipeg homes are available on the last day of that month.  By combining the two factors, we get a good idea of which direction the Winnipeg Real Estate Market is heading….  into more of a Sellers market, or slowing down into a Buyers Market.  See last month’s Winnipeg Real Estate Market Update.

I also separate the homes along the price line of $250,000, as homes below this price usually sell at a more brisk pace, while homes in the higher price ranges tend to take a little longer.

So, during the month of March 2011, a total of 688 homes of all types, price ranges and styles sold in Winnipeg.  At the end of the month, there were a total of 665 homes available. By diving one number into the other, we arrive at a figure of “Months of Inventory” left on the market.  This is like saying  “If no more homes were listed in Winnipeg after today, how long would it take before all remaining homes are sold”.  Obviously, the lower the number, the hotter the real estate market.  The Winnipeg real estate market remains one of the hottest in the country, with just under 1 month (4 weeks) of inventory remaining.  By comparison some parts of Calgary are measuring inventory in terms of YEARS….  as in 1.4 YEARS of inventory.

We then take a look at homes below $250,000 and found that during the month of March, we sold 409 homes in this price range, and at the end of the month, a total of 315 such homes were available, meaning an even tighter market at 3 WEEKS of inventory.

Finally we can report that sales of homes OVER $250,000 have also picked up pace.  We sold 279 such homes during March, and have 350 homes available on April 1st…..  meaning a ‘glut’ of inventory sitting at 1.25 months.

Here is a look at the video version of Winnipeg Real Estate Market Update.

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If you’re interested in the Winnipeg Real Estate Market, whether to buy or sell, a house or a condo, call or email me boknowshomes@gmail.com anytime.

Related articles

• Winnipeg Real Estate Blog’s most popular posts over the past month (bokauffmann.com)

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Winnipeg Condo Market Report for March 2011

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Each month, Winnipeg’s Real Estate Blog issues a Winnipeg Condo Market Report, separate and apart from our Real Estate Market Report, since condominiums form a distinct and separate part of the real estate market.  In this report, we take a look at the total number of condos available, and how they are distributed thruout the City.  Click here to see last month’s Condo Market Report!

To start of, the Winnipeg Condo Market currently has 276 total active listings.   This is made up of all types, styles and price ranges of condos, including apartment, townhouse and stand-alone homes.  The report takes into account all condos inside Winnipeg, plus the areas of East and West St Paul, and Headingley.  During the month of February 2011, we sold a total of 69 Condos citywide.

In the north and north-west of the city, the Winnipeg Condo Market has 43 active listings, priced from a low of $61,900 to a high of $610,000.

In the West of Winnipeg, (Charleswood, St James etc)  we currently only have 18 condos available, from$129,900 to $357,000

In the South and South-east, including St Boniface, St Vital, Pembina Hwy, Lindenwoods, Richmond West and Fort Richmond, we currently have 74 condos available, from $79,900 to $499,900.

Not surprisingly, the majority of units in the Winnipeg Condo Market are available in the central parts of the city, including the downtown, Osborne Village, Wellington Cr and River Heights.  Here we can find 141 available condos, from a low of $49,900 to a stunning condo on Academy Rd. at $700,000 dollars.

For the video version of our Winnipeg Condo Market Report, see this:

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Related articles

• Winnipeg Condo Market Report for February 2011 (bokauffmann.com)
• Housing Shortage in Winnipeg: Buckle up for spring 2011 (bokauffmann.com)
• Winnipeg Real Estate Blog top 6 posts in past month (bokauffmann.com)
• Buying a condo in Winnipeg: what you need to know and consider (Part 2) (bokauffmann.com)
• What’s the best time to list a home for sale in Winnipeg? (bokauffmann.com)

Winnipeg Real Estate Market Update for March 2011

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Each month, Winnipeg’s Real Estate Blog issues a Real Estate Market Update by taking a look at the previous month’s sales and listing stats on the MLS®.   We report on the total numbers of homes sold in Winnipeg during the previous month, and then take a look at how many Winnipeg homes are available on the last day of that month.  By combining the two factors, we get a good idea of which direction the Winnipeg Real Estate Market is heading….  into more of a Sellers market, or slowing down into a Buyers Market.  See last month’s Winnipeg Real Estate Market Update.

I also separate the homes along the price line of $250,000, as homes below this price usually sell at a more brisk pace, while homes in the higher price ranges tend to take a little longer.

So, during the month of February 2011, a total of 410 homes of all types, price ranges and styles sold in Winnipeg.  At the end of the month, there were a total of 684 homes available. By diving one number into the other, we arrive at a figure of “Months of Inventory” left on the market.  This is like saying  “If no more homes were listed in Winnipeg after today, how long would it take before all remaining homes are sold”.  Obviously, the lower the number, the hotter the real estate market.  The Winnipeg real estate market remains one of the hottest in the country, with just under 1.7 months (7 weeks) of inventory remaining.  By comparison some parts of Calgary are measuring inventory in terms of YEARS….  as in 1.4 YEARS of inventory.

We then take a look at homes below $250,000 and found that during the month of February, we sold 245 homes in this price range, and at the end of the month, a total of 373 such homes were available, meaning an even tighter market at 1.5 months of inventory.

Finally we can report that sales of homes OVER $250,000 have also picked up pace.  We sold 165 such homes during February, and have 311 homes available on March 11st…..  meaning a ‘glut’ of inventory sitting at 1.88 months.

Here is a look at the video version of Winnipeg Real Estate Market Update.

If you’re interested in the Winnipeg Real Estate Market, whether to buy or sell, a house or a condo, call or email me boknowshomes@gmail.com anytime.

Related articles

• Winnipeg Real Estate Market Update for February 2011 (bokauffmann.com)
• Is Winnipeg’s Real Estate Market a ‘Bubble’? (bokauffmann.com)
• Housing Shortage in Winnipeg: Buckle up for spring 2011 (bokauffmann.com)
• Winnipeg Real Estate Blog top 6 posts in past month (bokauffmann.com)
• What’s the best time to list a home for sale in Winnipeg? (bokauffmann.com)

Technorati Tags: Market Update, real estate agent, real estate market, realtors, selling, winnipeg, winnipeg real estate, Winnipeg Real Estate Market Update

Winnipeg Condo Market Report for February 2011

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Each month, Winnipeg’s Real Estate Blog issues a Winnipeg Condo Market Report, separate and apart from our Real Estate Market Report, since condominiums form a distinct and separate part of the real estate market.  In this report, we take a look at the total number of condos available, and how they are distributed thruout the City.  Click here to see last month’s Condo Market Report!

To start of, the Winnipeg Condo Market currently has 235 total active listings.   This is made up of all types, styles and price ranges of condos, including apartment, townhouse and stand-alone homes.  The report takes into account all condos inside Winnipeg, plus the areas of East and West St Paul, and Headingley.  During the month of January 2011, we sold a total of 59 Condos citywide.

In the north and north-west of the city, the Winnipeg Condo Market has 37 active listings, priced from a low of $61,900 to a high of $440,000.

In the West of Winnipeg, (Charleswood, St James etc)  we currently only have 14 condos available, from$129,900 to $365,000

In the South and South-east, including St Boniface, St Vital, Pembina Hwy, Lindenwoods, Richmond West and Fort Richmond, we currently have 52 condos available, from $79,900 to $499,900.

Not surprisingly, the majority of units in the Winnipeg Condo Market are available in the central parts of the city, including the downtown, Osborne Village, Wellington Cr and River Heights.  Here we can find 132 available condos, from a low of $49,900 to a stunning condo on Academy Rd. at $1.2 million dollars.

For the video version of our Winnipeg Condo Market Report, see this:

http://www.youtube.com/watch?v=mrwIn2jhYd4

Related articles

• Winnipeg Condo Market Report January 2011 (bokauffmann.com)
• What’s the best time to list a home for sale in Winnipeg? (bokauffmann.com)
• Housing Shortage in Winnipeg: Buckle up for spring 2011 (bokauffmann.com)

Technorati Tags: condominium, Condominiums, first time buyer, luxury condos, market conditions, real estate market, winnipeg real estate, Winnipeg Real Estate Market Update

Winnipeg Real Estate Market Update for February 2011

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Each month, Winnipeg’s Real Estate Blog issues a Real Estate Market Update by taking a look at the previous month’s sales and listing stats on the MLS®.   We report on the total numbers of homes sold in Winnipeg during the previous month, and then take a look at how many Winnipeg homes are available on the last day of that month.  By combining the two factors, we get a good idea of which direction the Winnipeg Real Estate Market is heading….  into more of a Sellers market, or slowing down into a Buyers Market.  See last month’s Winnipeg Real Estate Market Update.

I also separate the homes along the price line of $250,000, as homes below this price usually sell at a more brisk pace, while homes in the higher price ranges tend to take a little longer.

So, during the month of January 2011, a total of 276 homes of all types, price ranges and styles sold in Winnipeg.  At the end of the month, there were a total of 526 homes available. By diving one number into the other, we arrive at a figure of “Months of Inventory” left on the market.  This is like saying  “If no more homes were listed in Winnipeg after today, how long would it take before all remaining homes are sold”.  Obviously, the lower the number, the hotter the real estate market.  The Winnipeg real estate market remains one of the hottest in the country, with just under 1.9 months (8 weeks) of inventory remaining.  By comparison some parts of Calgary are measuring inventory in terms of YEARS….  as in 1.4 YEARS of inventory.

We then take a look at homes below $250,000 and found that during the month of January, we sold 174 homes in this price range, and at the end of the month, a total of 287 such homes were available, meaning an even tighter market at 1.65 months of inventory.

Finally we can report that sales of homes OVER $250,000 have slowed a little, at least by Winnipeg Real Estate standards.  We sold 102 such homes during January, and have 239 homes available on January 31st…..  meaning a ‘glut’ of inventory sitting at 2.34 months.

For a look at the video version of this report, go to

http://www.youtube.com/watch?v=MygKipyIkKc

If you’re interested in the Winnipeg Real Estate Market, whether to buy or sell, a house or a condo, call or email me boknowshomes@gmail.com anytime.

Related articles

• Winnipeg Real Estate Market Update for January 2011 (bokauffmann.com)
• Housing Shortage in Winnipeg: Buckle up for spring 2011 (bokauffmann.com)
• Is Winnipeg’s Real Estate Market a ‘Bubble’? (bokauffmann.com)
• What’s the best time to list a home for sale in Winnipeg? (bokauffmann.com)
• Winnipeg Real Estate Blog: What’s this Blog about? (bokauffmann.com)

Technorati Tags: buying, Market Update, market value, mls, winnipeg real estate, Winnipeg Real Estate Market Update

Winnipeg Condo Market Report January 2011

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Each month, Winnipeg’s Real Estate Blog issues a Winnipeg Condo Market Report, separate and apart from our Real Estate Market Report, since condominiums form a distinct and separate part of the real estate market.  In this report, we take a look at the total number of condos available, and how they are distributed thruout the City.  Click here to see last month’s Condo Market Report!

To start of, the Winnipeg Condo Market currently has 183 total active listings.   This is made up of all types, styles and price ranges of condos, including apartment, townhouse and stand-alone homes.  The report takes into account all condos inside Winnipeg, plus the areas of East and West St Paul, and Headingley.  During the month of December 2010, we sold a total of 79 Condos citywide.

In the north and north-west of the city, the Winnipeg Condo Market has 34 active listings, priced from a low of $144,900 to a high of $459,000.

In the West of Winnipeg, (Charleswood, St James etc)  we currently only have 5 condos available, from$149,900 to $227,000

In the South and South-east, including St Boniface, St Vital, Pembina Hwy, Lindenwoods, Richmond West and Fort Richmond, we currently have 44 condos available, from $79,900 to $515,000.

Not surprisingly, the majority of units in the Winnipeg Condo Market are available in the central parts of the city, including the downtown, Osborne Village, Wellington Cr and River Heights.  Here we can find 100 available condos, from a low of $59,900 to a stunning condo on Academy Rd. at $1.2 million dollars.

For the video version of our Winnipeg Condo Market Report, see this:

http://www.youtube.com/watch?v=SbOfV99REv8

Related articles

Related articles

• Winnipeg Condo Market Report for December 2010 (bokauffmann.com)
• Winnipeg’s Real Estate Blog most popular posts (bokauffmann.com)
• Winnipeg Real Estate Blog: What’s this Blog about? (bokauffmann.com)

Technorati Tags: condominium, Condominiums, luxury condos, Market Update, winnipeg, Winnipeg Real Estate Market Update

Winnipeg Real Estate Market Update January 2011

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Each month, Winnipeg’s Real Estate Blog issues a Real Estate Market Update by taking a look at the previous month’s sales and listing stats on the MLS®.   We report on the total numbers of homes sold in Winnipeg during the previous month, and then take a look at how many Winnipeg homes are available on the last day of that month.  By combining the two factors, we get a good idea of which direction the Winnipeg Real Estate Market is heading….  into more of a Sellers market, or slowing down into a Buyers Market.  See last month’s Winnipeg Real Estate Market Update.

I also separate the homes along the price line of $250,000, as homes below this price usually sell at a more brisk pace, while homes in the higher price ranges tend to take a little longer.

So, during the month of December 2010, a total of 293 homes of all types, price ranges and styles sold in Winnipeg.  At the end of the month, there were a total of 468 homes available. By diving one number into the other, we arrive at a figure of “Months of Inventory” left on the market.  This is like saying  “If no more homes were listed in Winnipeg after today, how long would it take before all remaining homes are sold”.  Obviously, the lower the number, the hotter the real estate market.  The Winnipeg real estate market remains one of the hottest in the country, with just under 1.6 months (6 weeks) of inventory remaining.  By comparison some parts of Calgary are measuring inventory in terms of YEARS….  as in 1.4 YEARS of inventory.

We then take a look at homes below $250,000 and found that during the month of November, we sold 170 homes in this price range, and at the end of the month, a total of 248 such homes were available, meaning an even tighter market at 1.45 months of inventory.

Finally we can report that sales of homes OVER $250,000 have slowed a little, at least by Winnipeg Real Estate standards.  We sold 123 such homes during November, and have 220 homes available on December 31st…..  meaning a ‘glut’ of inventory sitting at 1.78 months.

For a look at the video version of this report, go to

http://www.youtube.com/watch?v=Emcpl_q-zCU

If you’re interested in the Winnipeg Real Estate Market, whether to buy or sell, a house or a condo, call or email me boknowshomes@gmail.com anytime.

Related articles

• Winnipeg Real Estate Market Update for December 2010 (bokauffmann.com)
• Winnipeg Condo Market Report for December 2010 (bokauffmann.com)
• Winnipeg Real Estate Blog: What’s this Blog about? (bokauffmann.com)
• Winnipeg’s Real Estate Blog most popular posts (bokauffmann.com)

Technorati Tags: market conditions, Market Update, mls, realtor, selling, winnipeg, winnipeg real estate, Winnipeg Real Estate Market Update

Real Estate Market Update report for Winnipeg in September 2010. Stats on listings and sold houses and condos in Winnipeg's hot real estate market

Here we take a look at how many homes are available on the real estate market in Winnipeg, and how many have sold in the past 31 days in Winnipeg. By combining these factors, we get a good idea of where Winnipegs Real Estate Market is heading.

If you’re thinking of buying or selling a house or a condo in Winnipeg, please call my anytime. Bo 333-2202

Technorati Tags: buying, first time buyer, House for sale, Market Update, market value, mls, Winnipeg Real Estate Market Update

Hi Everyone:

Winnipeg Real Estate agents have a new tool to help buyers find their perfect house or condo. Keystone MATRIX® is a search program which helps buyers not only FIND the house they want, but also keeps them informed on sales, price changes and eventually the SOLD price of a house or condo as well.

In this short, 7 minute tutorial, I will show you a few basics on how to get the most out of this system.

But remember, FINDING a house is the easy part. When it comes time to make an offer, being PREPARED is key. So if you are serious about buying a house or condo, please call me anytime and we’ll start with a short meeting to make sure that you are prepared.

Bo 333-2202

Technorati Tags: buying, first time buyer, House for sale, Market Update, market value, mls, New Listing, real estate, real estate agent, Winnipeg Real Estate Market Update

Hi Everyone:

Recent interest rate hikes have had the effect of pressuring buyers to quickly buy a home. Home buyers are pre-approved at lower rates and want to take advantage of those rates by purchasing a new home or condo.

So if you’re thinking of selling your home, please call me anytime….. Now may be a great time to sell your luxury home or condo.

Technorati Tags: buying a house, Lindenwoods, luxury condos, luxury homes, mls, real estate agent, real estate market, realtor