Winnipeg Sales Still Staying Steady
With time to spare and the December sales still to come before year end, WinnipegREALTORS® recorded its 13,080th MLS® sale this week. It breaks the previous all-time sales record set in 2007 of 13,079 sales.
The actual unit to supplant WinnipegREALTORS® nine-year previous sales record is a new 2 Bedroom 1,351 sq. ft. apartment style condominium unit at Riverstone Terrace Condominiums in South St. Vital. It is nestled along the Red River with a balcony which takes full advantage of a southwest exposure of the river. It sold for $362,900.
This sales dollar amount adds to the $3.6 billion worth of transactions put through WinnipegREALTORS® MLS® up until the end of November. A new annual dollar volume record was already established in November when the 2015 total of just over $3.5 billion was eclipsed.
“We indicated earlier in the year a number of positive factors were setting up well to generate strong sales activity through our MLS® this year,” said Stewart Elston, president of WinnipegREALTORS®. “Though until we get through the most active second quarter of real estate sales activity, it is hard to be so bold to predict toppling a nine-year record.”