Market Temperature Snapshot
00 / OVERVIEW
This week's read
🔥
An active, seller-favoured market
Around 65–75% of homes sold above asking, with continued competition across most price segments
⚡
Well-priced homes move fast
Average DOM of ~7–9 days; many sold within a week, while mispriced listings sat for 30–100+ 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
~110+
An active week
Avg Sold Price
~$470–490K
Mid-range driven
Property Mix
96% / 4%
Houses · Condos
Above Asking
65–75%
Strongly seller-favoured
Average DOM
~7–9 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. Detached homes continue to dominate, with the strongest activity concentrated in mid-range price points.
Days on Market
02 / DOM
Homes are selling quickly overall, but with clear differences depending on pricing and property type.
~7–9 days
Average DOM — many well-priced homes sold within a single week
30–100+ days
Slower listings — mispriced homes stayed on the market far longer
The split is about pricing: a well-priced home moves fast, often within a week, while a mispriced listing can sit for a month or more. Pricing strategy is the single biggest factor in time on market.
Sold Price vs Listing Price
03 / PRICING
The market remains strongly in favour of sellers — around 65–75% of homes sold above asking. Over-asking sales typically ran +$30K to +$120K, while under-asking sales fell in the −$10K to −$60K range.
Top by Premium %
| Address | Premium % |
|---|
| 86 Savoy Crescent | +50%+ |
| 153 Parkview Street | +36%+ |
| 354 Montgomery Avenue | +28%+ |
Top by Premium $ Amount
| Address | Premium $ |
|---|
| 34 Castleton Court | +$200K+ |
| 153 Parkview Street | +$130K+ |
| 354 Montgomery Avenue | +$125K+ |
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 54% 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 when priced correctly, attracting active buyer interest.
⚖️ Higher-end more balanced
Higher-end properties show more balanced results — less competition, steadier pricing.
🎯 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 multiple offers — while overpriced listings lingered for a month or more.
Pricing strategy remained the most critical factor: list right and competition does the rest; list wrong and the home sits.
※ Methodology & Disclaimer: Sample of ~110+ transactions (~96% houses, ~4% condos), April 20–26, 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.