Year-end surge in December MLS® sales leads to second consecutive record month
To close out 2024, December saw All MLS®* sales of 742 up 19% over December 2023, and 3% lower than the 5-year average. Active MLS® listings of 2,393 were down 19% from last December and total MLS® dollar volume of over $272 million up 22% from December 2023. Residential detached MLS® sales of 468 were up 15% while the average price of $423,908 was up 4% when compared to December 2023. Condominium MLS® sales of 120 were up 18% and the average price of $272,728 up 1% over last December.
"Similar to November, total December MLS® sales for all property types represented the third best December result on record,” said Daphne Shepherd, 2024-2025 President of the Winnipeg Regional Real Estate Board. “December represents the eighth month in 2024, and third consecutive month, when there were double digit increases for total All MLS® sales for all property types. December MLS® sales, average prices and dollar volume for the main three property types were higher than last year while all but residential detached MLS® sales were higher than the 5-year average.”
Year-to-date All MLS® sales of 14,597 were up 13%, total MLS® listings of 22,858 were up 2% while dollar volume of over $5.5B was up 20% over 2023. Year-to-date residential detached MLS® sales of 9,987 were up 11% and the average price of $423,878 was up 6% when compared to last December. Condominium MLS® sales of 2,194 were up 13% and the average price of $274,201 was up 6% over last December. Year-to-date residential attached MLS® sales of 1,039 were up 21% and the average price of $365,965 was up 10% over last year.
“The start of a new year is an exciting time when many people are looking for new beginnings and a fresh start,” said Marina R. James, CEO of the Winnipeg Regional Real Estate Board. “Fortunately, REALTORS® specialize in creating fresh starts and have the tools and expertise at their disposal to not only assist buyers and sellers in getting the best price but also to help provide professional advice at every step in the process. For anyone looking for a fresh start in a new home in 2025, I encourage you to pick up this week’s issue of the Winnipeg Regional Real Estate News to view listings, open houses and to find a REALTOR®.”
BOARD & ASSOCIATION INFORMATION
Since 1903, Winnipeg Regional Real Estate Board has assisted its members in achieving high levels of excellence in organized real estate by providing superior tools and services that enhance and build a vibrant real estate industry. Representing just over 2,000 REALTORS® and other industry related professions active in the Winnipeg metropolitan area, Winnipeg Regional Real Estate Board promotes the value of a REALTOR® and organized real estate. Winnipeg Regional Real Estate Board provides its members with essential market information, professional development sessions, networking opportunities, marketing products, an effective industry voice and strong leadership to further their professional success. Winnipeg Regional Real Estate Board adhere to a strict code of ethics and share a state-of-the-art Multiple Listing Service® (MLS®) designed exclusively for REALTORS®. REALTOR®, MLS® and Multiple Listing Service® are trademarks owned and controlled by The Canadian Real Estate Association and are used under license.
Winnipeg Regional Real Estate Board Association
For more information,
please contact:
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Jeremy Davis at
(204) 786-8854 ext 208
jdavis@wrreb.ca
Daphne Shepherd
