Quick Real Estate Market Update for September 2019
September caps off a STRONG 3rd quarter in Winnipegs Real Estate Market
The third quarter of 2019 ended up being the strongest quarter of market activity on record. September’s 1211 sales were a 16% increase over last year, and only 4 sales short of the best September on record, in 2016.
Making things a little easier for buyers is the fact that this September saw a 10% increase of new listings coming to market, when compared to 2018.
This helps to keep prices in check. The average single family home sold for $325,215 less than 1% increase over last year.
What does all this mean: The fall-time is usually a buyers market, and that is especially true this year. Right now is the best time to buy a house or condo in Winnipeg.
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