Courtesy of Kris Keough

2020 STARTS STRONG WITH 731 MLS® SALES IN JANUARY Winnipeg, February 7, 2020 - 2020 got off to a strong start with 731 MLS® sales, a 15% increase over January 2019 and 18% more than the 5-year average total. The 1,870 listings entered on MLS® in January were up less than 5% and at month end there were 4,002 listings available for sale, brisk sales for this time of year,” said Catherine Schellenberg, president of WinnipegREALTORS®. “Helping kick start 2020 are very favourable mortgage rates with 5-year fixed residential mortgage rates available for under 3%.” Affordability is a real strength in the WinnipegREALTORS® market region and makes the dream of homeownership possible. Over half of all detached homes and condominiums are listed below $300,000 and another 20% are listed from $300,000 to $400,000. It is worth noting that single-attached properties which saw double-digit growth in sales activity last year recorded 44 sales in January, a 42% spike in sales from January 2019. - Source: WinnipegREALTORS ® nearly 7% higher than last year. “Positive momentum from the end of 2019 continues in 2020 with

AVERAGE SALE PRICES

$310,433 detached

$217,213 condo

$268,096 attached

2,001

SOLD LISTINGS detached 511 condo 870 attached 63

NEW LISTINGS 1,870

644

180

Stats are Reflective Jan. 2020 Source: WinnipegREALTORS ® Market values stated are of the average of Winnipeg and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to- date evaluation of your home.

single family detached ACTIVE LISTINGS condo atch.

Sales Representative

204 255 4204 Cell: 204.782.7948

kris@keoughwinnipeg.ca www . keoughwinnipeg.ca

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