September 2019 - 60-second Market Update for Winnipeg

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.