Winnipeg Regional Real Estate Board

Year-to-date average prices reached record highs for both residential detached homes and condominiums. Residential detached homes averaged $467,687 through to the end of Q3, up 3% from 2025 and 8% above the five-year average, while condominiums averaged $288,751, up 2% and 5%, respectively.

Buyers had more inventory to choose from this month with active MLS® listings reaching 4,234 in September, up 14% from last year and 5% above the five-year average. Residential detached inventory increased even more sharply, up 20% from last September, with 2,098 active listings.

From a sales perspective, MLS® sales eased from last September’s pace. Sales totalled 1,250, down 10% from last year but even with the five-year average. The slowdown was most pronounced for condominiums, where there were 155 sales which represented a 23% year-over-year decline.

“Year-to-date average prices for residential detached homes and condominiums reached their highest levels on record while the residential detached average for September also hit a historic record,” said Dan O’Brien, 2026-2027 President of the Winnipeg Regional Real Estate Board. “Growing housing supply and creating more choice for Manitobans continues to be an important focus of the Winnipeg Regional Real Estate Board’s advocacy efforts. It’s encouraging to see more inventory available in the market, giving buyers greater choice as they look for a home that meets their needs.”

Statistics provided in this market release are the sole property of the Winnipeg Regional Real Estate Board.

1 – The All MLS® statistical category is an aggregate of all property types.

Media Inquiries: Jeremy Davis Director External Relations & Market Intelligence Winnipeg Regional Real Estate Board media@wrreb.ca​ Office: 204-786-8857