Marker · Annual Volume First Crosses $6B
01 / MILESTONE
2025 closes out: full-year all-MLS sales of 15,180 rank 3rd-best on record, and dollar volume crossed $6 Billion for the first time, up 10%. December Detached avg $467,378 set a record December and ranks as 2025's 3rd-highest month (after June $473,131 and March $470,399).
First Time on Record
$6B+2025 annual dollar volume · YoY +10%
Takeaway: 11 of 12 months in 2025 set new Detached monthly historic highs (only November did not); Condo set new monthly highs in 8 of 12 (Jan, Apr, Aug, Dec the exceptions).
December Headline · All Property Types
02 / DECEMBER
December sales of 752 were up 2% YoY; dollar volume $297.2M, up 9%. The Detached average rebounded strongly to $467,378.
| Metric | Dec 2025 | vs 2024 | vs 5-Yr Avg |
|---|
| Sales | 752 | +2% | +4% |
| Active Listings | 2,292 | -4% | -4% |
| Dollar Volume | $297,191,405 | +9% | +14% |
December figures by property type
| Type | Sales | vs24 | Listings | vs24 | Avg Price | vs24 |
|---|
| Detached | 466 | 0% | 910 | -9% | $467,378 | +10% |
| Condominium | 129 | +8% | 284 | +9% | $256,713 | -6% |
| Attached | 65 | -7% | 218 | +24% | $372,632 | -3% |
2025 Full-Year Summary
03 / FULL YEAR
Full-year all-MLS sales of 15,180 (3rd-best on record) were up 4% YoY; dollar volume crossed $6B, up 10%.
| Type / Metric | Annual Sales | YoY | Annual Avg | YoY |
|---|
| All Property sales | 15,180 | +4% | — | — |
| Residential-Detached | 10,306 | +3% | $451,852 | +7% |
| Condominium | 2,199 | essentially even | $281,927 | +3% |
Key annual comparison — 2025 vs 2024
| Dimension | 2025 | 2024 | Change |
|---|
| All-Property sales | 15,180 | 14,597 | +4.0% |
| All-Property dollar volume | $6B+ | $5.5B+ | +10% |
| Detached sales | 10,306 | 9,987 | +3.2% |
| Detached avg price | $451,852 | $423,878 | +6.6% |
| Condo sales | 2,199 | 2,194 | even |
| Condo avg price | $281,927 | $274,201 | +2.8% |
2025 Full Monthly Average Series
04 / MONTHLY SERIES
The Detached average peaked in June ($473,131), bottomed in November ($420,121), and rebounded strongly to $467,378 in December.
| Month | Detached Avg | Condo Avg | All-Property Sales |
|---|
| January | $413,247 | $249,793 | 722 |
| February | $458,064 | $274,036 | 885 |
| March | $470,399 | $277,068 | 1,189 |
| April | $465,402 | $274,483 | 1,523 |
| May | $459,320 | $297,864 ▲ | 1,789 ▲ |
| June | $473,131 ▲ | $291,647 | 1,671 |
| July | $443,635 | $284,845 | 1,620 |
| August | $450,596 | $280,143 | 1,402 |
| September | $436,507 | $297,213 | 1,391 |
| October | $442,104 | $297,428 | 1,344 |
| November | $420,121 | $272,718 | 935 |
| December | $467,378 | $256,713 | 752 |
| Full Year | $451,852 | $281,927 | 15,180 |
Note: ▲ marks year peaks. Detached single-month peak June $473,131; Condo single-month peak May $297,864; all-property single-month sales peak May 1,789.
Winnipeg Detached Sales-to-Listings · Annual V-Shape
05 / S-T-L SERIES
The Winnipeg Detached ratio traced a V-shape: Jan–Jun rising to 108.6% extreme tightness, Jul–Nov retreating, December a slight rebound.
| Month | Winnipeg Detached Sales-to-Listings |
|---|
| January | 60.1% |
| February | 73.0% |
| March | 84.5% |
| April | 98.0% |
| May | 102.3% (first to break 100%) |
| June | 108.6% (year peak) |
| July | 93.8% |
| August | 78.9% |
| September | 68.9% |
| October | 74.9% |
| November | 64.3% |
| December | 73.8% |
December Detached · Winnipeg vs Outside
06 / REGIONAL
Winnipeg's December Detached avg $473,594 was 2025's highest monthly Winnipeg Detached average; listings positive for a 3rd straight month, avg YoY +12% rebounding sharply.
| Dimension | Winnipeg | Outside Winnipeg |
|---|
| Sales | 299 | 167 |
| Sales YoY | -1% | +1% |
| Active Listings | 405 | 505 |
| Avg Price | $473,594 | $456,249 |
| Price YoY | +12% | +8% |
| Sales-to-Listings | 73.8% | 33.1% |
2025 Full-Year Regional Detached (Final)
07 / ANNUAL AREAS
| Region | Annual Avg | YoY | Annual Sales | YoY |
|---|
| All MLS Areas | $451,852 | +7% | 10,306 | +3% |
| Winnipeg | $462,224 | +6% | 6,691 | +3% |
| Total Outside Winnipeg | $432,654 | +8% | 3,615 | +4% |
| Lake Country | $300,452 | +3% | 604 | 0% |
| Steinbach (R16) | $409,521 | +7% | 500 | +2% |
| Morden/Winkler (R35) | $369,907 | +12% | 376 | -9% |
| Gimli (R26) | $302,844 | +3% | 214 | -12% |
| Niverville/Ritchot (R07) | $523,937 | +4% | 213 | -4% |
| Morris (R17) | $266,106 | +2% | 208 | +8% |
· Steinbach led the outside with 500 annual sales; by price, Niverville/Ritchot $523,937 highest, Morden/Winkler avg YoY +12% the largest gain.
2025 vs 2024 Key Milestones
08 / MILESTONES
| Milestone | 2025 | 2024 |
|---|
| Detached single-month avg peak | June $473,131 | May (2022) $455,038 |
| Condo single-month avg peak | May $297,864 | April $288,426 |
| Wpg Detached sales-to-listings peak | June 108.6% | May 89.3% |
| All-property single-month sales peak | May 1,789 | May 1,717 |
| $1M+ Detached annual sales | ~230+ (est.) | 143 |
Full-Year Read · Two Storylines
09 / TAKEAWAYS
Strong Year Overall
- Dollar volume first crossed $6B (YoY +10%)
- Annual sales 15,180, the 3rd-best on record
- Detached annual avg +6.6%; 11 months set monthly records
- $1M+ Detached ~230+ for the year (2024 only 143)
- December Detached avg rebounded to $467,378
Second-Half Cooling
- November Detached avg first YoY decline of 2025
- Winnipeg sales-to-listings retreated from June's 108.6%
- Condo annual sales essentially flat
- Outside Morden/Winkler & Gimli sales double-digit declines
- December Condo avg YoY -6%
Fact Sheet
10 / FACT SHEET
| Reporting Period | December 2025 & full year |
| Property Scope | All MLS® Areas |
| Annual Sales | 15,180 · 3rd-best (YoY +4%) |
| Annual Dollar Volume | $6 Billion+ · first >$6B (YoY +10%) |
| Detached Annual Avg | $451,852 (YoY +7%) |
| Condo Annual Avg | $281,927 (YoY +3%) |
| December Detached Avg | $467,378 · record December |
| Detached Single-Month Peak | June $473,131 |
| Sales-to-Listings Peak | June 108.6% |
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.