Winnipeg Real Estate Market Data · July 2025
Winnipeg · Monthly MLS® Market Report

July 2025 Market Report
Highest-Ever July Dollar Volume

All MLS® Areas · Detached / Condo / Attached · July 2025

Dollar Volume$646.4M
Sales
1,620+9% · 3rd-best July
Dollar Volume
$646.4M+12% · record July
Detached Avg
$443,635+2% · record July

Marker · Highest-Ever July Dollar Volume

01 / MILESTONE

Key event: $646M dollar volume is the highest-ever July on record; 1,620 sales rank as the 3rd-best July, and Detached and Condo averages are record July highs.

Highest July on Record
$646.4MDollar Volume · July 2025
YoY
+12%
Sales
1,620 (3rd-best July)
Detached avg
$443,635 (record July)
Takeaway: Prices eased from June's peak — July Detached avg fell $29,496 (-6.2%) from June, yet still a record July; volume stayed strong through the seasonal pullback.

July Headline · All Property Types

02 / OVERVIEW

July sales of 1,620 were up 9% YoY and 6% above the 5-year average; all three types posted positive sales YoY.

MetricJul 2025vs 2024vs 5-Yr Avg
Sales1,620+9%+6%
Active Listings3,678-12%-2%
Dollar Volume$646,406,194+12%+13%
Headline figures by property type
TypeSalesvs24Listingsvs24Avg Pricevs24
Detached1,131+9%1,697-16%$443,635+2%
Condominium238+12%468+1%$284,845even
Attached114+13%253-1%$374,496+6%

YTD 2025 · Through July

03 / YTD

Year-to-date sales of 9,374 were up 7% YoY, with dollar volume over $3.7 billion, up 13%.

Type / MetricYTD SalesYoYYTD AvgYoY
All Property sales9,374+7%——
Residential-Detached6,399+6%$457,667+8%
Condominium1,367+3%$281,427+1%

Detached · Winnipeg vs Outside

04 / REGIONAL

Winnipeg sales-to-listings of 93.8% receded from June's 108.6% but stayed at historic-high levels. Outside sales +15% far exceeded Winnipeg's +6%.

DimensionWinnipegOutside Winnipeg
Sales721410
Sales YoY+6%+15%
Active Listings769928
Avg Price$461,342$412,496
Price YoY+3%+1%
Sales-to-Listings93.8%44.2%
Condo · Winnipeg Higher
Wpg $286,929 vs Outside $275,396
Winnipeg Condo sales YoY +17%; avg exceeded Outside by $11,533.
Attached · Winnipeg Leads Price
Wpg avg YoY +12%
Winnipeg Attached avg $388,267; Outside Attached avg YoY -9%.

Price Range Distribution

05 / PRICE BANDS

Detached top range $400–499k; Condo's $100–199k bucket overtook $200–299k for the top, with lower-priced Condo share rising.

Residential-Detached

$400,000 – $499,999268 sales · 24%
$300,000 – $399,999249 sales · 22%

Condominium

$100,000 – $199,99979 sales · 33%
$200,000 – $299,99971 sales · 30%
High end: $1M+ Detached sales of 20 (highest nearly $3M), up from July 2024's 19 (+5%, essentially flat).

YTD July · Regional Detached

06 / AREAS
RegionYTD AvgYoYYTD SalesYoY
All MLS Areas$457,667+8%6,399+6%
Winnipeg$470,659+8%4,142+5%
Total Outside Winnipeg$433,824+8%2,257+10%
Lake Country$312,411+8%374+10%
Steinbach (R16)$403,456+6%325+12%
Morden/Winkler (R35)$356,108+9%220-17%
Gimli (R26)$317,209+12%146+7%
Niverville/Ritchot (R07)$514,203+1%134+11%
Oakbank (R04)$548,127+5%114+63%

· Oakbank YTD sales YoY +63% led the outside; West St. Paul and Morris dropped off the list this month.

Most Active Neighbourhoods

07 / COMMUNITIES
Detached · Winnipeg
River Heights (top, first) · Charleswood (next)
River Heights took the top for the first time, breaking Waverley West's streak since March 2024.
Condo · Winnipeg
Osborne Village (top) · Linden Woods (next)
Detached · Outside
Morden/Winkler (top) · Steinbach (next)
Condo · Outside
Steinbach (top) · Niverville/Ritchot (next)

The Read · Two Storylines

08 / TAKEAWAYS

Strong Volume

  • Record-high July dollar volume ($646M)
  • 1,620 sales, the 3rd-best July on record
  • Detached / Condo averages both record July highs
  • All three types posted positive sales YoY
  • Outside sales +15%, ahead of Winnipeg

Seasonal Price Easing

  • Detached avg fell -6.2% from June's peak
  • Condo avg fell -4.4% from May's peak
  • Winnipeg sales-to-listings eased 108.6% → 93.8%
  • Lower-priced Condo share rose ($100–199k top)
  • Outside Morden/Winkler YTD sales YoY -17%

Fact Sheet

09 / FACT SHEET
Reporting PeriodJuly 2025
Property ScopeAll MLS® Areas
Total Sales1,620 (YoY +9%)
Total Dollar Volume$646,406,194 · record July
Detached Avg Price$443,635 · record July
Condo Avg Price$284,845 · record July
Winnipeg Sales-to-Listings93.8%
YTD All-Property Sales9,374 (YoY +7%)
Data source: publicly released monthly MLS® market statistics for the Winnipeg region. This page is an independent historical data compilation and restructuring based on publicly released market statistics. No original market commentary, forecasts, or quotations from the source report are reproduced. Some cross-year/cumulative comparisons include estimates and are for reference only.
Monthly Summary

Record July dollar volume, prices ease seasonally —
strong volume extended the first-half rally.

Dollar volume $646.4M (record July) · Sales 1,620 (3rd-best July)
Detached $443,635 · Condo $284,845 (both record July)

Pattern: volume strong; prices pulled back slightly from summer peaks, with outside sales leading.