Market Temperature Snapshot
00 / OVERVIEW
This week's read
🔥
An active, seller-favoured market
Around 65–70% of homes sold above asking, with continued competition across most price segments
⚡
Pricing accuracy sets the pace
Average DOM of ~8–10 days; many sold within a week, while mispriced listings stretched to 20–50 days
◧
Mid-range is the core
The $300K–$500K range drove buyer activity, accounting for over half of transactions
Overall Market Overview
01 / MARKET
Total Sales
~100+
An active week
Avg Sold Price
~$460–480K
Mid-range driven
Property Mix
97% / 3%
Houses · Condos
Above Asking
65–70%
Strongly seller-favoured
Average DOM
~8–10 d
Fast overall turnover
Build Year Range
1800s–New
Wide spread of stock
The market remained active this week, with continued competition in most price segments. The market continues to be driven by detached homes, with steady demand across mid-range price points.
Days on Market
02 / DOM
Homes are selling quickly overall, but with clear differences based on pricing.
~8–10 days
Average DOM — many well-priced homes sold within a single week
20–50 days
Slower listings — mispriced homes stayed on the market far longer
Pricing accuracy directly impacts speed of sale: a well-priced home moves within a week, while a mispriced listing can sit for one to two months. The gap between the two is almost entirely a pricing story.
Sold Price vs Listing Price
03 / PRICING
The market remains strongly in favour of sellers — around 65–70% of homes sold above asking. Over-asking sales typically ran +$40K to +$100K, while under-asking sales fell in the −$10K to −$40K range.
Top by Premium %
| Address | Premium % |
|---|
| 590 Oxford Street | +33.9% |
| 948 Merriam Boulevard | +33.2% |
| 824 Oakdale Drive | +30.9% |
Top by Premium $ Amount
| Address | Premium $ |
|---|
| 590 Oxford Street | +$152,000 |
| 824 Oakdale Drive | +$142,000 |
| 21 Carberry Crescent | +$140,100 |
These extreme premiums are typically driven by underpricing strategies and multiple-offer situations — listing below market to attract a crowd, then letting competition push the final price well above asking.
Price Distribution
04 / DISTRIBUTION
The market remains concentrated in the mid-range. Each bar shows the share of this week's transactions.
The $300K–$500K range continues to be the core of buyer activity, making up roughly 58% of this week's transactions.
Key Takeaways · Actionable
05 / TAKEAWAYS
🔥 Strong mid-range competition
Competition remains strong in mid-range homes — the $300K–$500K core drives the market.
🏠 Older homes perform well
Older homes perform well if priced correctly, attracting active buyer interest.
⚖️ Higher-end mixed
Higher-end properties show mixed results — outcomes depend heavily on pricing and product.
🎯 Pricing is the key factor
Pricing strategy remains the single most critical factor in both speed and final price.
Weekly Summary
The pattern is clear: well-priced homes sell fast,
overpriced homes tend to sit.
The Winnipeg market continued an active, seller-favoured week, with competition concentrated in the $300K–$500K mid-range. Well-priced homes sold quickly — often within a week and frequently with competition — while overpriced listings lingered for one to two months.
Pricing accuracy remained the most critical factor: list right and demand does the rest; list wrong and the home sits.
※ Methodology & Disclaimer: Sample of ~100+ transactions (~97% houses, ~3% condos), April 13–19, 2026, manually compiled from MLS data. This week's report uses a lighter data set than some weeks (no DOM-band, build-era, or $/sqft breakdowns). Most figures are rounded and approximate. This report is for market reference only and does not constitute real estate or investment advice.