June 2025 Market Report
Detached Average Reclaims All-Time Peak $473,131
All MLS® Areas · with H1 First-Half Summary · June 2025
Marker · Average Reclaims All-Time Peak
01 / MILESTONETwo highlights this month: Detached and Condo averages both set record June highs; the Detached monthly average of $473,131 surpassed March's $470,399 to reclaim the all-time single-month peak. Winnipeg Detached sales-to-listings spiked to 108.6%, a new record.
June Headline · All Property Types
02 / OVERVIEWJune sales of 1,671 were up 6% YoY; dollar volume $707.6M, up 14%. All three property types posted positive sales YoY.
| Metric | Jun 2025 | vs 2024 | vs 5-Yr Avg |
|---|---|---|---|
| Sales | 1,671 | +6% | -3% |
| Active Listings | 3,716 | -10% | +2% |
| Dollar Volume | $707,589,676 | +14% | +7% |
| Type | Sales | vs24 | Listings | vs24 | Avg Price | vs24 |
|---|---|---|---|---|---|---|
| Detached | 1,211 | +8% | 1,710 | -14% | $473,131 | +8% |
| Condominium | 227 | +10% | 505 | +8% | $291,647 | +7% |
| Attached | 113 | +14% | 243 | -6% | $372,937 | +5% |
H1 2025 First-Half Summary
03 / H1 SUMMARYFirst-half sales of 7,760 were up 7% YoY; dollar volume over $3.1 billion, up 14%. H1 Detached and Condo averages both exceeded prior year and the 5-year average.
| Type / Metric | H1 Sales | YoY | H1 Avg | YoY |
|---|---|---|---|---|
| All Property sales | 7,760 | +7% | — | — |
| Residential-Detached | 5,274 | +6% | $460,790 | +9% |
| Condominium | 1,129 | +1% | $280,707 | +1% |
Detached · Winnipeg vs Outside
04 / REGIONALWinnipeg Detached sales-to-listings of 108.6% broke May's 102.3% record — a new high since 2024, with sales exceeding listings by 64.
| Dimension | Winnipeg | Outside Winnipeg |
|---|---|---|
| Sales | 809 | 402 |
| Sales YoY | +10% | +3% |
| Active Listings | 745 | 965 |
| Avg Price | $485,521 | $448,198 |
| Price YoY | +9% | +7% |
| Sales-to-Listings | 108.6% | 41.7% |
Price Range Distribution
05 / PRICE BANDSDetached top range $400–499k; the high end expanded notably.
Residential-Detached
Condominium
H1 2025 · Regional Detached
06 / AREAS| Region | H1 Avg | YoY | H1 Sales | YoY |
|---|---|---|---|---|
| All MLS Areas | $460,790 | +9% | 5,274 | +6% |
| Winnipeg | $472,880 | +8% | 3,426 | +5% |
| Total Outside Winnipeg | $438,377 | +9% | 1,848 | +9% |
| Lake Country | $306,408 | +10% | 280 | +4% |
| Steinbach (R16) | $404,709 | +7% | 281 | +13% |
| Morden/Winkler (R35) | $347,572 | +6% | 173 | -22% |
| Niverville/Ritchot (R07) | $511,972 | +2% | 118 | +17% |
| Gimli (R26) | $311,502 | +10% | 105 | -5% |
| West St. Paul (R15) | $652,149 | -2% | 91 | +49% |
| Morris (R17) | $264,439 | -2% | 91 | -1% |
Most Active Neighbourhoods
07 / COMMUNITIESThe Read · Two Storylines
08 / TAKEAWAYSFact Sheet
09 / FACT SHEET| Reporting Period | June 2025 (with H1 summary) |
| Property Scope | All MLS® Areas |
| Total Sales | 1,671 (YoY +6%) |
| Total Dollar Volume | $707,589,676 (YoY +14%) |
| Detached Avg Price | $473,131 · all-time single-month peak |
| Winnipeg Sales-to-Listings | 108.6% · record high |
| $1M+ Detached | 31 (YoY +48%) |
| H1 All-Property Sales | 7,760 (YoY +7%) |
Volume and prices both rose, core market extremely tight —
Detached average reclaimed its all-time single-month peak.
Detached $473,131 (all-time single-month peak) · Wpg sales-to-listings 108.6% (record)
Total sales +6% · Dollar volume $707.6M (+14%) · $1M+ sales +48%
Pattern: a strong first half on both volume and price; the core market is extremely tight and seller-led.