Market Temperature Snapshot
00 / OVERVIEW
This week's read
🔥
Strong seller-side dynamics
Around 70% of properties sold above asking, averaging ~$40K over list with frequent bidding wars
⚡
Houses move fast; condos lag
Houses sold in ~10 days on average, while condos took ~20–30 days
📈
Steady price growth
The market stayed highly active with strong demand and continued upward pressure on prices
Market Overview
01 / MARKET
Total Sales
~70
An active week
Avg Sold Price
~$450K
Centred on $300K–$500K
Property Mix
95% / 5%
Houses · Condos
Above Asking
~70%
Strong seller dynamics
Avg Overbid
~+$40K
Avg underbid ~−$10K
Build Year Range
1900–Recent
Wide spread of stock
The market is clearly dominated by detached homes (~95%), with condos a small share. Demand was strong and bidding wars frequent — a firmly seller-favoured week.
Days on Market · House vs Condo
02 / DOM
A clear split emerged between detached houses and condos this week.
~10 days
Houses — sold quickly amid strong buyer demand
~20–30 days
Condos — took two to three times as long to clear
Houses cleared roughly two to three times faster than condos. The detached market remained the engine of activity, while condos sat noticeably longer before selling.
Sold Price vs Listing Price
03 / PRICING
The market showed strong seller-side dynamics — roughly 70% of properties sold above asking, with an average overbid of ~$40K against an average underbid of just ~$10K.
Top by Premium %
| Address | Premium % |
|---|
| 756 Beresford Avenue | +40% |
| 290 Niagara Street | +30% |
| 615 David Street | +30% |
Top by Premium $ Amount
| Address | Premium $ |
|---|
| 756 Beresford Avenue | +$200K |
| 615 David Street | +$120K |
| 290 Niagara Street | +$110K |
756 Beresford Avenue led both leaderboards — top premium percentage (+40%) and top dollar amount (+$200K) — a textbook outcome of an aggressive underpricing strategy meeting a multiple-offer bidding war.
Price Distribution
04 / PRICE
The market is clearly centred on the mid-range. Each bar shows the share of this week's transactions.
The $300K–$500K range is the core of the market, accounting for roughly 55% of this week's transactions.
Build-Year Distribution
05 / AGE
Supply skews toward mid-aged stock, with newer construction a smaller share.
The 1970–2000 band is the single largest cohort (~30%), and combined with 1940–1970 stock, mid-aged homes make up over half of all sales. Post-2020 new builds remained a modest ~10%.
Size Distribution
06 / SIZE
Most homes fall within 800–1,800 sqft — the bread-and-butter of the Winnipeg market. A small number of large properties exceeded 5,000 sqft at the premium end.
Key Takeaways · Actionable
07 / TAKEAWAYS
🔥 Frequent bidding wars
~70% sold above asking, averaging ~$40K over list — competition was broad.
⚡ Houses move fast
Detached homes cleared in ~10 days versus ~20–30 for condos.
🎯 $300K–$500K is the core
The mid-range made up roughly 55% of sales.
📈 Steady price growth
Strong demand kept upward pressure on prices throughout the week.
Weekly Summary
A highly active market with frequent bidding wars
and steady price growth.
The Winnipeg market stayed firmly seller-favoured, detached-dominated, and centred on the $300K–$500K mid-range. Around 70% of homes sold above asking — averaging ~$40K over list — while houses cleared in roughly 10 days versus 20–30 for condos.
With strong demand, frequent bidding wars, and continued upward pressure on prices, the market remained highly active throughout the week.
※ Methodology & Disclaimer: Sample of ~70 transactions (~95% houses, ~5% condos), March 30 – April 5, 2026, manually compiled from MLS data. Distribution percentages are approximate and rounded. This report is for market reference only and does not constitute real estate or investment advice. For more timely, accurate data, please reach out directly.