Tree Lighting Ceremony

Friday, November 16, 7:00pm - Morden Civic CentreSanta arrives at 5:15pm for... City of Morden...

A number of factors have created a seller's housing market in Morden and Winkler.

In Winkler, the average sale price of a home has jumped almost $10,000 from $224,000 to $233,500. In Morden, house prices have climbed nearly $20,000 from $201,500 last year to $220,000.

The average sale price in Southern Manitoba was also up from $209,000 last year to $215,000 this year.

However, a lack of inventory has also led to fewer sales this year from 229 at this time last year in Winkler, to 184 this year. In contrast, home sales in Morden have risen from 151 to 165 compared to last year.

Local realtor Dave Kasdorf notes the highest demand is found in the $180,000 to $240,000 price range.

"There's a lot of buyers, but just not much for sale," he says, adding homes are selling quickly in Winkler.

Last year it took on average 53 days to sell a house in the city. This year houses have sold in 45 days on average. With more listings, it's taking slightly longer to sell a house in Morden with an average of 76 days compared to 64 last year. The average days on the market for homes in Southern Manitoba, in general, was 70, compared to 63 last year at this time.

He notes first-time home buyers are still limited in their options in Winkler, which has caused a slowdown. "Townhomes, multi-family, single-family starter homes, we just haven't had many developments this year."

However, Kasdorf notes there are some multi-family projects on the horizon that should help meet the housing shortage.

More Local News

Winkler Founder Named Top Entrepreneur Under 30

A 22-year-old Winkler resident has been added to a list of the Top 10 Entrepreneurs Under 30. Patrick Benske joins a number of serial entrepreneurs from around the world who've found success as…

Altona Volunteer Humbled By National Award

A long-time volunteer is encouraged after receiving the Governor General's Sovereign's Medal for Volunteers at a ceremony earlier this month in Ottawa. "It kind of tells you (that) it matters what…

R.M. Morris Reeve Wants Top AMM Job

After serving 3 terms as vice president, R.M. of Morris Reeve Ralph Groening is making a bid to be the next president of the Association of Manitoba Municipalities (AMM). "I have had the opportunity…

Sudden Rate Change Forces Winkler Council To Secure New Arena Financing

A last-minute interest rate change left council scratching their heads and searching for a new lender for the Meridian Exhibition Centre. While CIBC was originally chosen as the lender for the $17…

Students Take Day To Walk In Their Parents Shoes

Take Your Kid To Work Day is a chance for parents to show their kids an insider's perspective on what their jobs are really like. Grade nine students all across Manitoba participate every year, which…

Summer May Be Over But STARS Is Still Out

STARS Air Ambulance continues to save lives daily; from June - August STARS flew 209 missions across the province. In the Pembina Valley alone, STARS has flown 35 missions this year. Manitobans are…

Winkler Firefighter Hangs Up The Hat After Nearly 30 Years

After 28 years, Myron Derksen is retiring from the Winkler Fire Department. His nearly three-decade tenure began at the age of 21 after returning home from college. While Derksen imagined a long wait…

Piney Says CBSA Wrong To Cut Hours At Local Ports Of Entry

The Reeve of Piney is extremely disappointed in a decision by the Canada Border Services Agency to reduce hours at the ports of entry at the South Junction, Piney and Tolstoi border crossings. The…

Altona Mayor Says Decision Not To Hold Cannabis Plebiscite Wasn't Made Lightly

Altona's new mayor is responding to questions about why the community didn't hold a plebiscite on the retail sale of marijuana in town following the legalization of recreational cannabis nearly a…

Local Habitat For Humanity Hopes To Build In 2019

The grassroots resurgence of Habitat for Humanity in Morden and Winkler was recognized at the Manitoba Legislature recently by MLA Cameron Friesen. "We all know the pride, security, and stability…

PembinaValleyOnline.com is your only local source for community news and information such as weather and classifieds.

Search the Biz Guide

Login