February 2025 Real Estate Market Release

February saw All MLS® * sales of 885 up 11% over February 2024, and 2% below the 5-year average. Active MLS® listings of 2,787 were down 15% from last February and total MLS® dollar volume of over $348 million up 27% from February 2024.

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REALTORS® know real estate and bring their knowledge and expertise to help buyers and sellers navigate the local real estate market.  REALTORS® are professional and informed and are continually updating their knowledge so their clients become more informed on all aspects of the buying and selling process.

For additional information specific to your neighbourhood market statistics, please contact your REALTOR®

Downtown

Residential Detached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - 1 -50.00%
Sales to Listing Ratio - 0.00% -
Average Days on Market - - -
Average Price - - -
Residential Attached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - 1 0.00%
Sales to Listing Ratio - 0.00% -100.00%
Average Days on Market - - -
Average Price - - -
Condominium Feb-25 YTD* Y/Y%**
Sales 8 16 -11.11%
New Listings 28 45 7.14%
Sales to Listing Ratio 28.57% 35.56% -17.04%
Average Days on Market 35 26 -45.83%
Average Price $277,475.00 $248,900.00 -5.96%

North

Residential Detached Feb-25 YTD* Y/Y%**
Sales 68 130 19.27%
New Listings 105 199 -5.24%
Sales to Listing Ratio 64.76% 65.33% 25.86%
Average Days on Market 19 23 -17.86%
Average Price $371,268.28 $348,106.98 12.85%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 24 40 66.67%
New Listings 27 63 6.78%
Sales to Listing Ratio 88.89% 63.49% 56.08%
Average Days on Market 25 26 -3.70%
Average Price $349,726.42 $337,328.35 -0.35%
Condominium Feb-25 YTD* Y/Y%**
Sales 13 25 92.31%
New Listings 16 31 14.81%
Sales to Listing Ratio 81.25% 80.65% 67.49%
Average Days on Market 16 26 -7.14%
Average Price $234,544.38 $246,263.08 -6.86%

North East

Residential Detached Feb-25 YTD* Y/Y%**
Sales 70 113 -23.13%
New Listings 99 177 -20.27%
Sales to Listing Ratio 70.71% 63.84% -3.59%
Average Days on Market 16 19 -17.39%
Average Price $381,294.44 $387,694.35 9.49%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 13 19 -5.00%
New Listings 19 29 16.00%
Sales to Listing Ratio 68.42% 65.52% -18.10%
Average Days on Market 13 17 -55.26%
Average Price $376,269.15 $392,973.95 8.66%
Condominium Feb-25 YTD* Y/Y%**
Sales 8 15 -6.25%
New Listings 16 42 -12.50%
Sales to Listing Ratio 50.00% 35.71% 7.14%
Average Days on Market 8 12 -36.84%
Average Price $235,225.00 $253,402.53 -4.96%

Rural Municipality

Residential Detached Feb-25 YTD* Y/Y%**
Sales 183 349 12.58%
New Listings 356 667 -10.11%
Sales to Listing Ratio 51.40% 52.32% 25.24%
Average Days on Market 38 40 -9.09%
Average Price $482,717.14 $447,295.30 14.21%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 20 42 31.25%
New Listings 30 66 -27.47%
Sales to Listing Ratio 66.67% 63.64% 80.97%
Average Days on Market 48 40 -32.20%
Average Price $348,254.75 $351,080.10 13.27%
Condominium Feb-25 YTD* Y/Y%**
Sales 34 49 68.97%
New Listings 26 73 -26.26%
Sales to Listing Ratio 130.77% 67.12% 129.15%
Average Days on Market 39 43 -43.42%
Average Price $288,480.35 $297,570.31 9.32%

1W & 5W - RM of Headingley

Residential Detached Feb-25 YTD* Y/Y%**
Sales - 3 50.00%
New Listings 11 21 -22.22%
Sales to Listing Ratio 0.00% 14.29% 92.86%
Average Days on Market - 35 -37.50%
Average Price - $1,073,333.33 36.83%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -
Condominium Feb-25 YTD* Y/Y%**
Sales 1 1 -
New Listings 1 2 -33.33%
Sales to Listing Ratio 100.00% 50.00% -
Average Days on Market 30 30 -
Average Price $605,000.00 $605,000.00 -

3P - RM of East St. Paul

Residential Detached Feb-25 YTD* Y/Y%**
Sales 13 18 80.00%
New Listings 13 23 109.09%
Sales to Listing Ratio 100.00% 78.26% -13.91%
Average Days on Market 50 42 10.53%
Average Price $949,589.15 $901,953.28 44.82%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - 1 -
New Listings 1 1 -75.00%
Sales to Listing Ratio 0.00% 100.00% -
Average Days on Market - 27 -
Average Price - $660,000.00 -
Condominium Feb-25 YTD* Y/Y%**
Sales 2 2 -33.33%
New Listings 2 2 0.00%
Sales to Listing Ratio 100.00% 100.00% -33.33%
Average Days on Market 8 8 -46.67%
Average Price $523,500.00 $523,500.00 -4.58%

R02 - RM of St. Clements

Residential Detached Feb-25 YTD* Y/Y%**
Sales 6 9 0.00%
New Listings 15 22 -21.43%
Sales to Listing Ratio 40.00% 40.91% 27.27%
Average Days on Market 54 54 12.50%
Average Price $735,416.67 $743,111.11 14.19%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -
Condominium Feb-25 YTD* Y/Y%**
Sales - 1 0.00%
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - 9 -93.71%
Average Price - $391,100.00 73.82%

R03 - RM of Brokenhead (Beausejour, Tyndall)

Residential Detached Feb-25 YTD* Y/Y%**
Sales 3 9 0.00%
New Listings 12 23 53.33%
Sales to Listing Ratio 25.00% 39.13% -34.78%
Average Days on Market 12 17 -70.69%
Average Price $300,333.33 $340,666.67 -17.39%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -
Condominium Feb-25 YTD* Y/Y%**
Sales 1 1 -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market 217 217 -
Average Price $190,000.00 $190,000.00 -

R04 - RM of Springfield (Oakbank and Dugald)

Residential Detached Feb-25 YTD* Y/Y%**
Sales 10 16 6.67%
New Listings 13 29 20.83%
Sales to Listing Ratio 76.92% 55.17% -11.72%
Average Days on Market 35 28 -45.10%
Average Price $507,000.00 $489,637.50 1.11%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 1 1 0.00%
New Listings - 4 0.00%
Sales to Listing Ratio - 25.00% 0.00%
Average Days on Market 28 28 47.37%
Average Price $426,900.00 $426,900.00 13.24%
Condominium Feb-25 YTD* Y/Y%**
Sales 1 1 0.00%
New Listings 1 1 -83.33%
Sales to Listing Ratio 100.00% 100.00% 500.00%
Average Days on Market 6 6 -92.21%
Average Price $427,300.00 $427,300.00 27.55%

R05 - RM of Tache (Lorette, Landmark)

Residential Detached Feb-25 YTD* Y/Y%**
Sales 3 6 -50.00%
New Listings 15 23 -25.81%
Sales to Listing Ratio 20.00% 26.09% -32.61%
Average Days on Market 9 18 -64.00%
Average Price $461,167.67 $465,725.50 14.37%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 2 2 100.00%
New Listings 1 2 -50.00%
Sales to Listing Ratio 200.00% 100.00% 300.00%
Average Days on Market 39 39 -76.79%
Average Price $378,200.00 $378,200.00 12.90%
Condominium Feb-25 YTD* Y/Y%**
Sales 2 2 0.00%
New Listings 1 2 -50.00%
Sales to Listing Ratio 200.00% 100.00% 100.00%
Average Days on Market 8 8 700.00%
Average Price $157,400.00 $157,400.00 -4.46%

R06 - RM of St. Anne (Ste Anne)

Residential Detached Feb-25 YTD* Y/Y%**
Sales 8 16 100.00%
New Listings 4 16 -33.33%
Sales to Listing Ratio 200.00% 100.00% 200.00%
Average Days on Market 36 36 -21.74%
Average Price $390,174.00 $378,937.00 10.08%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 1 3 -
New Listings 2 3 0.00%
Sales to Listing Ratio 50.00% 100.00% -
Average Days on Market 20 53 -
Average Price $322,500.00 $320,833.33 -
Condominium Feb-25 YTD* Y/Y%**
Sales 1 1 -
New Listings - 1 0.00%
Sales to Listing Ratio - 100.00% -
Average Days on Market 27 27 -
Average Price $182,000.00 $182,000.00 -

R07 - RM of Ritchot (Niverville, Ste Agathe, St. Adolphe, Ile des Chenes)

Residential Detached Feb-25 YTD* Y/Y%**
Sales 14 29 61.11%
New Listings 27 69 -1.43%
Sales to Listing Ratio 51.85% 42.03% 63.45%
Average Days on Market 37 33 -17.50%
Average Price $535,874.64 $499,873.97 -1.63%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - 3 50.00%
New Listings 2 4 -66.67%
Sales to Listing Ratio 0.00% 75.00% 350.00%
Average Days on Market - 32 300.00%
Average Price - $388,789.67 14.01%
Condominium Feb-25 YTD* Y/Y%**
Sales 5 9 125.00%
New Listings 5 17 -19.05%
Sales to Listing Ratio 100.00% 52.94% 177.94%
Average Days on Market 12 14 -39.13%
Average Price $251,360.00 $268,200.00 -16.97%

R08 - RM of Macdonald (Oak Bluff, La Salle, Sanford)

Residential Detached Feb-25 YTD* Y/Y%**
Sales 1 3 -57.14%
New Listings 7 18 -14.29%
Sales to Listing Ratio 14.29% 16.67% -50.00%
Average Days on Market 47 50 0.00%
Average Price $970,000.00 $898,666.67 48.43%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -
Condominium Feb-25 YTD* Y/Y%**
Sales 4 5 25.00%
New Listings 2 8 -60.00%
Sales to Listing Ratio 200.00% 62.50% 212.50%
Average Days on Market 4 21 -79.00%
Average Price $425,437.50 $445,350.00 110.38%

R12 - RM of Rockwood & Woodlands (Stonewall, Stony Mountain)

Residential Detached Feb-25 YTD* Y/Y%**
Sales 8 15 0.00%
New Listings 13 20 11.11%
Sales to Listing Ratio 61.54% 75.00% -10.00%
Average Days on Market 18 24 50.00%
Average Price $489,362.50 $462,926.67 4.85%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 1 1 -
New Listings 4 4 100.00%
Sales to Listing Ratio 25.00% 25.00% -
Average Days on Market 50 50 -
Average Price $429,900.00 $429,900.00 -
Condominium Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - 3 -25.00%
Sales to Listing Ratio - 0.00% -
Average Days on Market - - -
Average Price - - -

R13 - RM of St. Andrews

Residential Detached Feb-25 YTD* Y/Y%**
Sales 5 10 -33.33%
New Listings 9 15 -34.78%
Sales to Listing Ratio 55.56% 66.67% 2.22%
Average Days on Market 51 39 -2.50%
Average Price $698,280.00 $574,365.00 37.53%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -
Condominium Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -

R14 - City of Selkirk

Residential Detached Feb-25 YTD* Y/Y%**
Sales 4 13 -23.53%
New Listings 12 22 -24.14%
Sales to Listing Ratio 33.33% 59.09% 0.80%
Average Days on Market 17 31 -16.22%
Average Price $311,975.00 $346,915.38 14.72%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - 1 -
New Listings - 1 -50.00%
Sales to Listing Ratio - 100.00% -
Average Days on Market - 2 -
Average Price - $337,500.00 -
Condominium Feb-25 YTD* Y/Y%**
Sales 1 1 -50.00%
New Listings 3 4 33.33%
Sales to Listing Ratio 33.33% 25.00% -62.50%
Average Days on Market 91 91 31.88%
Average Price $137,000.00 $137,000.00 -56.25%

R15 - RM of West St. Paul

Residential Detached Feb-25 YTD* Y/Y%**
Sales 16 26 271.43%
New Listings 41 63 21.15%
Sales to Listing Ratio 39.02% 41.27% 206.58%
Average Days on Market 25 25 -43.18%
Average Price $647,348.63 $627,572.08 8.14%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 3 6 50.00%
New Listings 8 16 -15.79%
Sales to Listing Ratio 37.50% 37.50% 78.13%
Average Days on Market 50 36 -21.74%
Average Price $448,478.33 $463,072.50 6.10%
Condominium Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -

R16 - City of Steinbach and RM of Hanover

Residential Detached Feb-25 YTD* Y/Y%**
Sales 38 67 52.27%
New Listings 59 92 -2.13%
Sales to Listing Ratio 64.41% 72.83% 55.58%
Average Days on Market 38 38 0.00%
Average Price $400,556.87 $385,496.06 -0.77%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 6 10 0.00%
New Listings 7 10 -52.38%
Sales to Listing Ratio 85.71% 100.00% 110.00%
Average Days on Market 40 45 9.76%
Average Price $323,493.33 $312,596.00 5.43%
Condominium Feb-25 YTD* Y/Y%**
Sales 3 8 166.67%
New Listings 4 9 12.50%
Sales to Listing Ratio 75.00% 88.89% 137.04%
Average Days on Market 13 16 -48.39%
Average Price $278,833.33 $265,423.13 32.27%

R26 - Lake Winnipeg West Side Beaches

Residential Detached Feb-25 YTD* Y/Y%**
Sales 9 15 0.00%
New Listings 16 30 -3.23%
Sales to Listing Ratio 56.25% 50.00% 3.33%
Average Days on Market 58 57 58.33%
Average Price $321,666.67 $292,080.00 -18.25%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -
Condominium Feb-25 YTD* Y/Y%**
Sales 2 2 0.00%
New Listings 2 4 -55.56%
Sales to Listing Ratio 100.00% 50.00% 125.00%
Average Days on Market 15 15 -75.81%
Average Price $148,250.00 $148,250.00 -20.93%

R27 - Lake Winnipeg East Side Beaches

Residential Detached Feb-25 YTD* Y/Y%**
Sales 4 8 14.29%
New Listings 4 13 -45.83%
Sales to Listing Ratio 100.00% 61.54% 110.99%
Average Days on Market 109 88 72.55%
Average Price $444,250.00 $375,187.50 47.27%
Residential Attached Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -
Condominium Feb-25 YTD* Y/Y%**
Sales - - -
New Listings - - -
Sales to Listing Ratio - - -
Average Days on Market - - -
Average Price - - -

South East

Residential Detached Feb-25 YTD* Y/Y%**
Sales 74 129 24.04%
New Listings 88 185 14.20%
Sales to Listing Ratio 84.09% 69.73% 8.62%
Average Days on Market 11 13 -48.00%
Average Price $484,854.45 $484,043.36 -2.51%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 9 11 -26.67%
New Listings 9 17 -34.62%
Sales to Listing Ratio 100.00% 64.71% 12.16%
Average Days on Market 35 34 6.25%
Average Price $447,209.78 $444,989.82 0.43%
Condominium Feb-25 YTD* Y/Y%**
Sales 19 21 -34.38%
New Listings 32 48 -22.58%
Sales to Listing Ratio 59.38% 43.75% -15.23%
Average Days on Market 34 32 -11.11%
Average Price $334,908.79 $339,155.57 -7.79%

South West

Residential Detached Feb-25 YTD* Y/Y%**
Sales 89 156 -1.27%
New Listings 129 241 -18.58%
Sales to Listing Ratio 68.99% 64.73% 21.27%
Average Days on Market 23 23 4.55%
Average Price $628,922.57 $604,014.27 14.98%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 15 23 -4.17%
New Listings 17 44 22.22%
Sales to Listing Ratio 88.24% 52.27% -21.59%
Average Days on Market 11 11 -73.81%
Average Price $428,608.67 $426,288.26 -7.44%
Condominium Feb-25 YTD* Y/Y%**
Sales 65 127 25.74%
New Listings 109 215 35.22%
Sales to Listing Ratio 59.63% 59.07% -7.01%
Average Days on Market 21 20 -39.39%
Average Price $270,344.80 $251,445.37 -4.84%

West

Residential Detached Feb-25 YTD* Y/Y%**
Sales 62 107 0.94%
New Listings 70 133 -8.90%
Sales to Listing Ratio 88.57% 80.45% 10.81%
Average Days on Market 17 20 -20.00%
Average Price $306,780.63 $305,180.45 3.27%
Residential Attached Feb-25 YTD* Y/Y%**
Sales 5 10 25.00%
New Listings 12 25 -7.41%
Sales to Listing Ratio 41.67% 40.00% 35.00%
Average Days on Market 18 34 0.00%
Average Price $380,600.00 $347,300.00 -12.00%
Condominium Feb-25 YTD* Y/Y%**
Sales 9 13 -38.10%
New Listings 11 28 -6.67%
Sales to Listing Ratio 81.82% 46.43% -33.67%
Average Days on Market 30 31 -24.39%
Average Price $206,111.11 $207,300.00 12.37%

* Year-to-date, as of the last day of the listed month
** Year-to-date. year over year percent change