August 2022 Real Estate Market Release

August MLS® sales activity showed a drop off from July and previous August months in the last few years.

“It was to be expected the market would slow down given how accelerated it has been since it took off in the second half of 2020 and carried on through 2021,” said Akash Bedi, 2022 president of the Winnipeg Regional Real Estate Board.

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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 Aug-22 YTD* Y/Y%**
Sales 1 9 -25%
New Listings 1 7 -68.18%
Sales to Listing Ratio 100% 128.57% 135.71%
Average Days on Market 75 29 26.09%
Average Price $99,000.00 $123,990.00 -12.55%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - - -100%
New Listings 1 2 -50%
Sales to Listing Ratio 0% 0% -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 -100%
Condominium Aug-22 YTD* Y/Y%**
Sales 5 97 36.62%
New Listings 20 181 9.7%
Sales to Listing Ratio 25% 53.59% 24.54%
Average Days on Market 46 33 0%
Average Price $226,100.00 $248,613.00 0.71%

North

Residential Detached Aug-22 YTD* Y/Y%**
Sales 108 838 -16.12%
New Listings 175 1249 -1.42%
Sales to Listing Ratio 61.71% 67.09% -14.91%
Average Days on Market 18 15 -6.25%
Average Price $301,898.00 $353,162.00 16.38%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 10 140 -18.13%
New Listings 35 254 5.83%
Sales to Listing Ratio 28.57% 55.12% -22.64%
Average Days on Market 24 16 -5.88%
Average Price $329,040.00 $336,156.00 23.75%
Condominium Aug-22 YTD* Y/Y%**
Sales 8 95 -15.18%
New Listings 10 119 -20.67%
Sales to Listing Ratio 80% 79.83% 6.92%
Average Days on Market 17 18 -43.75%
Average Price $256,237.00 $242,685.00 10.75%

North East

Residential Detached Aug-22 YTD* Y/Y%**
Sales 125 1007 -18.13%
New Listings 171 1305 -6.05%
Sales to Listing Ratio 73.1% 77.16% -12.86%
Average Days on Market 16 12 9.09%
Average Price $352,245.00 $385,813.00 12.29%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 14 137 -27.89%
New Listings 33 187 -9.22%
Sales to Listing Ratio 42.42% 73.26% -20.57%
Average Days on Market 15 12 -14.29%
Average Price $350,080.00 $354,766.00 12.79%
Condominium Aug-22 YTD* Y/Y%**
Sales 19 198 -10.41%
New Listings 31 254 -28.65%
Sales to Listing Ratio 61.29% 77.95% 25.57%
Average Days on Market 16 21 -32.26%
Average Price $261,857.00 $259,549.00 5.28%

Rural Municipality

Residential Detached Aug-22 YTD* Y/Y%**
Sales 348 2455 -19.3%
New Listings 548 3835 -2.27%
Sales to Listing Ratio 63.5% 64.02% -17.42%
Average Days on Market 25 24 -17.24%
Average Price $378,589.00 $404,671.00 13.1%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 18 204 -9.73%
New Listings 39 347 12.66%
Sales to Listing Ratio 46.15% 58.79% -19.88%
Average Days on Market 19 24 -20%
Average Price $271,884.00 $316,756.00 9.28%
Condominium Aug-22 YTD* Y/Y%**
Sales 30 230 -14.5%
New Listings 45 354 -4.07%
Sales to Listing Ratio 66.67% 64.97% -10.88%
Average Days on Market 31 34 -15%
Average Price $304,701.00 $269,493.00 12.41%

1W & 5W - RM of Headingley

Residential Detached Aug-22 YTD* Y/Y%**
Sales 4 53 -7.02%
New Listings 7 100 23.46%
Sales to Listing Ratio 57.14% 53% -24.68%
Average Days on Market 54 21 -32.26%
Average Price $821,500.00 $871,115.00 22.3%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 2 7 133.33%
New Listings 1 9 125%
Sales to Listing Ratio 200% 77.78% 3.7%
Average Days on Market 58 38 322.22%
Average Price $625,081.00 $567,099.00 -3.61%

3P - RM of East St. Paul

Residential Detached Aug-22 YTD* Y/Y%**
Sales 9 81 -1.22%
New Listings 13 100 -9.09%
Sales to Listing Ratio 69.23% 81% 8.66%
Average Days on Market 28 15 0%
Average Price $875,880.00 $776,553.00 19.28%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 10 -28.57%
New Listings 1 17 -26.09%
Sales to Listing Ratio 0% 58.82% -3.36%
Average Days on Market - 27 -15.63%
Average Price $0.00 $638,129.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 1 10 11.11%
New Listings 3 13 18.18%
Sales to Listing Ratio 33.33% 76.92% -5.98%
Average Days on Market 27 13 -38.1%
Average Price $690,000.00 $566,780.00 0.79%

R02 - RM of St. Clements

Residential Detached Aug-22 YTD* Y/Y%**
Sales 9 62 -16.22%
New Listings 16 108 -1.82%
Sales to Listing Ratio 56.25% 57.41% -14.66%
Average Days on Market 23 25 -13.79%
Average Price $476,266.00 $584,403.00 27.04%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - - n/a
New Listings - 1 n/a
Sales to Listing Ratio n/a 0% n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 1 6 20%
New Listings 2 13 85.71%
Sales to Listing Ratio 50% 46.15% -35.38%
Average Days on Market - 14 -75.44%
Average Price $310,000.00 $313,083.00 19.77%

R03 - RM of Brokenhead (Beausejour, Tyndall)

Residential Detached Aug-22 YTD* Y/Y%**
Sales 7 85 -26.72%
New Listings 15 121 -15.38%
Sales to Listing Ratio 46.67% 70.25% -13.4%
Average Days on Market 23 14 -44%
Average Price $304,671.00 $331,021.00 5.51%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 7 0%
New Listings - 10 -33.33%
Sales to Listing Ratio n/a 70% 50%
Average Days on Market - 38 322.22%
Average Price $0.00 $291,815.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales - 7 0%
New Listings 2 8 0%
Sales to Listing Ratio 0% 87.5% 0%
Average Days on Market - 33 -52.17%
Average Price $0.00 $164,685.00 -2.08%

R04 - RM of Springfield (Oakbank and Dugald)

Residential Detached Aug-22 YTD* Y/Y%**
Sales 23 120 -4.76%
New Listings 19 170 10.39%
Sales to Listing Ratio 121.05% 70.59% -13.73%
Average Days on Market 27 21 61.54%
Average Price $551,948.00 $528,131.00 11.55%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 5 400%
New Listings 1 6 100%
Sales to Listing Ratio 0% 83.33% 150%
Average Days on Market - 7 0%
Average Price $0.00 $405,600.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 3 10 233.33%
New Listings 2 9 125%
Sales to Listing Ratio 150% 111.11% 48.15%
Average Days on Market 6 10 -9.09%
Average Price $364,966.00 $350,320.00 -6.82%

R05 - RM of Tache (Lorette, Landmark)

Residential Detached Aug-22 YTD* Y/Y%**
Sales 10 91 7.06%
New Listings 22 146 21.67%
Sales to Listing Ratio 45.45% 62.33% -12.01%
Average Days on Market 20 19 -9.52%
Average Price $493,490.00 $479,518.00 9.29%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 15 200%
New Listings 5 39 160%
Sales to Listing Ratio 0% 38.46% 15.38%
Average Days on Market - 26 -10.34%
Average Price $0.00 $353,866.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 1 10 -9.09%
New Listings 2 15 -34.78%
Sales to Listing Ratio 50% 66.67% 39.39%
Average Days on Market 51 49 206.25%
Average Price $145,000.00 $204,001.00 11.74%

R06 - RM of St. Anne (Ste Anne)

Residential Detached Aug-22 YTD* Y/Y%**
Sales 14 69 -30.3%
New Listings 17 93 -95.3%
Sales to Listing Ratio 82.35% 74.19% 1381.62%
Average Days on Market 24 20 -16.67%
Average Price $411,769.00 $388,084.00 11.14%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 7 n/a
New Listings - 6 200%
Sales to Listing Ratio n/a 116.67% n/a
Average Days on Market - 22 n/a
Average Price $0.00 $310,800.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 1 5 25%
New Listings 1 6 -33.33%
Sales to Listing Ratio 100% 83.33% 87.5%
Average Days on Market 23 19 -17.39%
Average Price $182,000.00 $187,360.00 -1.26%

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

Residential Detached Aug-22 YTD* Y/Y%**
Sales 12 137 -17.96%
New Listings 30 234 2.18%
Sales to Listing Ratio 40% 58.55% -19.72%
Average Days on Market 10 16 -30.43%
Average Price $474,145.00 $473,658.00 9.18%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 3 29 20.83%
New Listings 2 42 10.53%
Sales to Listing Ratio 150% 69.05% 9.33%
Average Days on Market 19 13 85.71%
Average Price $324,000.00 $323,792.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 3 42 -8.7%
New Listings 9 67 45.65%
Sales to Listing Ratio 33.33% 62.69% -37.31%
Average Days on Market 8 13 -51.85%
Average Price $331,666.00 $270,385.00 35.81%

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

Residential Detached Aug-22 YTD* Y/Y%**
Sales 6 58 -44.23%
New Listings 15 101 -24.63%
Sales to Listing Ratio 40% 57.43% -26.01%
Average Days on Market 26 16 -40.74%
Average Price $462,250.00 $625,660.00 9.16%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 2 -71.43%
New Listings - 3 -50%
Sales to Listing Ratio n/a 66.67% -42.86%
Average Days on Market - 5 -78.26%
Average Price $0.00 $372,450.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 2 12 -29.41%
New Listings 2 30 66.67%
Sales to Listing Ratio 100% 40% -57.65%
Average Days on Market 47 29 -23.68%
Average Price $230,500.00 $285,300.00 -15.02%

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

Residential Detached Aug-22 YTD* Y/Y%**
Sales 11 104 1.96%
New Listings 17 146 22.69%
Sales to Listing Ratio 64.71% 71.23% -16.89%
Average Days on Market 26 16 0%
Average Price $391,805.00 $472,138.00 21.54%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 1 -66.67%
New Listings - 6 200%
Sales to Listing Ratio n/a 16.67% -88.89%
Average Days on Market - 5 -91.8%
Average Price $0.00 $419,900.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales - - -100%
New Listings 1 9 350%
Sales to Listing Ratio 0% 0% -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 -100%

R13 - RM of St. Andrews

Residential Detached Aug-22 YTD* Y/Y%**
Sales 14 77 -28.04%
New Listings 21 131 1.55%
Sales to Listing Ratio 66.67% 58.78% -29.14%
Average Days on Market 16 19 -32.14%
Average Price $510,414.00 $541,644.00 15.23%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

R14 - City of Selkirk

Residential Detached Aug-22 YTD* Y/Y%**
Sales 14 96 29.73%
New Listings 19 136 36%
Sales to Listing Ratio 73.68% 70.59% -4.61%
Average Days on Market 15 17 0%
Average Price $334,057.00 $312,525.00 10.12%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 1 7 27.27%
New Listings 2 14 27.27%
Sales to Listing Ratio 50% 50% 10%
Average Days on Market 7 36 176.92%
Average Price $180,000.00 $221,616.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 1 12 -7.69%
New Listings 4 17 -34.62%
Sales to Listing Ratio 25% 70.59% 41.18%
Average Days on Market - 20 -44.44%
Average Price $373,420.00 $292,422.00 10.4%

R15 - RM of West St. Paul

Residential Detached Aug-22 YTD* Y/Y%**
Sales 8 55 -36.78%
New Listings 21 111 -10.48%
Sales to Listing Ratio 38.1% 49.55% -29.38%
Average Days on Market 6 22 -12%
Average Price $648,209.00 $684,055.00 15.05%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 9 50%
New Listings 4 27 22.73%
Sales to Listing Ratio 0% 33.33% 22.22%
Average Days on Market - 66 3.13%
Average Price $0.00 $459,593.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

R16 - City of Steinbach and RM of Hanover

Residential Detached Aug-22 YTD* Y/Y%**
Sales 34 351 -16.63%
New Listings 64 521 1.96%
Sales to Listing Ratio 53.13% 67.37% -18.23%
Average Days on Market 22 20 0%
Average Price $374,471.00 $367,078.00 11.99%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 7 60 -16.67%
New Listings 10 79 -5.95%
Sales to Listing Ratio 70% 75.95% -11.39%
Average Days on Market 12 22 -4.35%
Average Price $266,685.00 $283,395.00 8.77%
Condominium Aug-22 YTD* Y/Y%**
Sales 4 40 -31.03%
New Listings 3 45 -36.62%
Sales to Listing Ratio 133.33% 88.89% 8.81%
Average Days on Market 13 23 -23.33%
Average Price $177,225.00 $209,994.00 0.4%

R26 - Lake Winnipeg West Side Beaches

Residential Detached Aug-22 YTD* Y/Y%**
Sales 37 171 -3.93%
New Listings 36 226 8.13%
Sales to Listing Ratio 102.78% 75.66% -11.16%
Average Days on Market 19 18 -21.74%
Average Price $227,166.00 $285,659.00 11.92%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - 1 n/a
New Listings - 3 50%
Sales to Listing Ratio n/a 33.33% n/a
Average Days on Market - 8 n/a
Average Price $0.00 $172,000.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales 4 17 -10.53%
New Listings 6 27 35%
Sales to Listing Ratio 66.67% 62.96% -33.72%
Average Days on Market 53 24 100%
Average Price $224,500.00 $182,288.00 26.98%

R27 - Lake Winnipeg East Side Beaches

Residential Detached Aug-22 YTD* Y/Y%**
Sales 23 98 -30%
New Listings 25 141 -18.97%
Sales to Listing Ratio 92% 69.5% -13.62%
Average Days on Market 28 21 -38.24%
Average Price $265,134.00 $307,229.00 28.5%
Residential Attached Aug-22 YTD* Y/Y%**
Sales - - -100%
New Listings - - -100%
Sales to Listing Ratio n/a n/a -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 n/a
Condominium Aug-22 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

South East

Residential Detached Aug-22 YTD* Y/Y%**
Sales 120 1033 -13.05%
New Listings 170 1300 -1.96%
Sales to Listing Ratio 70.59% 79.46% -11.31%
Average Days on Market 18 11 10%
Average Price $450,268.00 $479,498.00 10.26%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 8 67 -27.96%
New Listings 17 101 -8.18%
Sales to Listing Ratio 47.06% 66.34% -21.54%
Average Days on Market 19 19 137.5%
Average Price $312,675.00 $355,647.00 3.05%
Condominium Aug-22 YTD* Y/Y%**
Sales 27 192 -32.87%
New Listings 46 253 -32.89%
Sales to Listing Ratio 58.7% 75.89% 0.04%
Average Days on Market 13 15 -44.44%
Average Price $277,582.00 $294,887.00 6.37%

South West

Residential Detached Aug-22 YTD* Y/Y%**
Sales 187 1471 -15.02%
New Listings 227 1921 -2.83%
Sales to Listing Ratio 82.38% 76.57% -12.54%
Average Days on Market 17 12 -14.29%
Average Price $509,862.00 $551,822.00 9.42%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 18 141 -27.69%
New Listings 32 205 -1.44%
Sales to Listing Ratio 56.25% 68.78% -26.63%
Average Days on Market 15 11 -35.29%
Average Price $377,211.00 $390,985.00 15.74%
Condominium Aug-22 YTD* Y/Y%**
Sales 92 718 -0.69%
New Listings 113 969 -14.47%
Sales to Listing Ratio 81.42% 74.1% 16.12%
Average Days on Market 25 23 -20.69%
Average Price $263,633.00 $274,390.00 7.98%

West

Residential Detached Aug-22 YTD* Y/Y%**
Sales 106 825 -12.42%
New Listings 183 1147 1.33%
Sales to Listing Ratio 57.92% 71.93% -13.57%
Average Days on Market 18 14 16.67%
Average Price $287,095.00 $328,555.00 9.25%
Residential Attached Aug-22 YTD* Y/Y%**
Sales 5 67 -27.96%
New Listings 10 102 -15%
Sales to Listing Ratio 50% 65.69% -15.24%
Average Days on Market 13 13 -35%
Average Price $277,980.00 $307,259.00 6.51%
Condominium Aug-22 YTD* Y/Y%**
Sales 11 117 -4.1%
New Listings 12 147 -24.62%
Sales to Listing Ratio 91.67% 79.59% 27.22%
Average Days on Market 21 26 -13.33%
Average Price $197,681.00 $199,679.00 26.66%

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