Winnipeg Real Estate Market Summary – Week 17, April 26, 2026
This summary is based on residential and condominium sales in Winnipeg between April 20, 2026 and April 26, 2026. The data has been manually compiled to reflect actual market activity, focusing on pricing behaviour, demand levels, and transaction patterns. While every effort has been made to ensure accuracy, this should be considered a general market reference rather than real estate advice.
1. Overall Market Summary
The market remained active this week, with continued competition in most price segments.
- Total Transactions: ~110+ properties
- Average Sale Price: Around $470K–$490K
- Property Mix: Houses ~96%, Condos ~4%
- Year Built Range: Late 1800s to new construction
Detached homes continue to dominate the market, with the strongest activity concentrated in mid-range price points.
2. Days on Market
Homes are selling quickly overall, but with clear differences depending on pricing and property type.
- Average DOM: ~7–9 days
- Many properties sold within 1 week
- Slower listings extended to 30–100+ days
This shows a market where well-priced homes move fast, while mispriced listings stay on the market longer.
3. Sold Price vs List Price
The market remains strongly in favour of sellers.
- Around 65%–75% of homes sold above asking
Pricing behaviour:
- Over-asking sales: typically +$30K to +$120K
- Under-asking sales: typically -$10K to -$60K
Highest Premium (Percentage)
| Address | Premium |
|---|---|
| 86 Savoy Crescent | +50%+ |
| 153 Parkview Street | +36%+ |
| 354 Montgomery Avenue | +28%+ |
Highest Premium (Amount)
| Address | Price Difference |
|---|---|
| 34 Castleton Court | +$200K+ |
| 153 Parkview Street | +$130K+ |
| 354 Montgomery Avenue | +$125K+ |
These extreme premiums are typically driven by underpricing strategies and multiple-offer situations.
4. Price Distribution
The market remains concentrated in the mid-range:
| Price Range | Proportion |
|---|---|
| < $200K | ~5% |
| $200K – $300K | ~18% |
| $300K – $400K | ~28% |
| $400K – $500K | ~26% |
| $500K – $700K | ~17% |
| > $700K | ~6% |
The $300K–$500K range continues to be the core of buyer activity.
5. Key Takeaways
- Strong competition remains in mid-range homes
- Older homes perform well when priced correctly
- Higher-end properties show more balanced results
- Pricing strategy remains the most critical factor
Summary
The Winnipeg market continues to follow a clear pattern:
Well-priced homes sell quickly, often with competition.
Overpriced homes tend to sit.