WINNIPEG REGIONAL REAL ESTATE BOARD PRESS RELEASE, JANUARY 9, 2025

Winnipeg, January 8, 2026 – All MLS®1 sales of 752 in December 2025 were up 2% from December 2024 and up 4% from the 5-year average. Active All MLS® listings of 2,292 were down 4% and total MLS® dollar volume of over $297 million was up 9% from December 2024. Residential detached MLS® sales of 466 were statistically even while the average price of $467,378 was up 10% when compared to last year. Condominium MLS® sales of 129 were up 8% and the average price of $256,713 was down 6% from December 2024.​

“2025 closed out with a new residential detached average price record for December which represents the third highest this year and on record,” said Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board. “December MLS® sales for All MLS®, residential detached and condominiums were at or above last year and the 5-year averages. Notably, residential detached average prices in 2025 broke monthly records in every month except November while condominium average prices broke monthly records in every month except for January, April, August and December.” 

Year-to-date All MLS® sales of 15,180 through to the end of December 2025 were up 4%, total MLS® listings of 22,798 statistically even while total dollar volume of over $6B was up 10% from 2024. Year-to-date residential detached MLS® sales of 10,306 were up 3% and the average price of $451,852 was up 7% when compared to last December. Condominium MLS® sales of 2,199 were statistically even and the average price of $281,927 was 3% above last year.​

“A new year often symbolizes a fresh start and new beginnings with the hope of making our lives better with a blank canvas for the year ahead,” said Crystal Hollas, CEO of the Winnipeg Regional Real Estate Board. “If selling your home, and/or buying a new one sounds like the fresh start and new beginning you’re looking for, now is always a great time to seek out a REALTOR® to get advice and build a strategy to make this your new reality. Happy New Year, and all the best in 2026 from the Winnipeg Regional Real Estate Board.”

All MLS® sales and dollar volume were up when compared to December 2024 and the 5-year average while active MLS® listings were down from last year and the 5-year average. Residential detached MLS® sales were statistically even while dollar volume and average prices were above last year and the 5-year average. Condominium MLS® sales and dollar volume were above last year and the 5-year average while average prices decreased from December 2024 and were statistically even with the 5-year average. From a year-to-date perspective, All MLS® sales and dollar volume rose above 2024 while total listings remained statistically even. Residential detached MLS® sales, dollar volume and average prices rose above 2024 while listings fell below. Condominium MLS® sales were statistically even while the number of listings, dollar volume and average prices rose above 2024.​

• ​For December, Waverley West was the neighbourhood in Winnipeg which saw the most residential detached homes sold followed by the Polo Park area. Outside Winnipeg, the Morden/Winkler area had the most residential detached homes sold followed by the Steinbach area.

• For December, the most active price range was the $300,000-$399,999 which saw 99 MLS® sales, representing 21% of all residential detached MLS® sales. The $200,000-$299,999 price range was the second most active with 79 MLS® sales representing 17% of all residential detached MLS® sales in December.

• There were 13 residential detached homes sold at or above $1 million in December, with the highest priced at over $3.6 million. December 2024 had 7 residential detached homes sold at or above $1 million with the highest at over $1.8 million. 

• For December, Downtown was the neighbourhood in Winnipeg with the most condominium MLS® sales followed by Waverley West. Outside Winnipeg, the Morden/Winkler area had the most MLS® sales in December followed by the Steinbach area.

• The most active price range for condominiums was the $100,000-$199,999 range with 48 MLS® sales which represents 37% of all condominium MLS® sales in December. The $200,000-$299,999 range was the second most active with 45 MLS® sales in December, representing 35% of all condominium MLS® sales.

Serving Members since 1903, the Winnipeg Regional Real Estate Board is one of Canada's longest running real estate board, serving over 2,500 licensed residential and commercial real estate Brokers and Salespersons, along with other industry-related professions. REALTOR® Members of the Winnipeg Regional Real Estate Board utilize the Multiple Listing Service (MLS®) to put the housing market in perspective for those looking to buy or sell a home. REALTORS® can explain market insights, price trends, provide comparable property analysis and housing trends.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Statistics provided in this market release are the sole property of the Winnipeg Regional Real Estate Board.