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Quarterly Market Review – Spring



Quarterly Market Review

Spring, 2022


“The Real Estate market seems to be shifting…”



New Listings

MLS stats – homes & condos




MLS stats – homes & condos


Homes that Sold Over List Price

Winkler – 29.67%

Morden – 29.78%

Altona – 20%



Days on the Market

The number of days between when a house is listed and when it is sold.


MLS stats – homes & condos



Average Sale Price

MLS stats – homes & condos




In most cases the local Real Estate market continues to favour the sellers. Few listings available and plenty of buyers looking often results in quick sales and bidding wars. However, the market seems to be shifting. With rising interest rates we’re anticipating buyers motivation to decrease slightly as costs of homeownership continue to increase.