October 2022 Real Estate Market Release

A slowing MLS® sales trend took root in October 2022 with sales down from October 2021.

“Moving into balanced market territory is a positive development,” said Akash Bedi, 2022 president of the Winnipeg Regional Real Estate Board. “This should be particularly beneficial to first-time home buyers who were unable to compete in the multiple offer frenzy and now have time to weigh their options and negotiate a better price.”

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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 Oct-22 YTD* Y/Y%**
Sales - 9 -43.75%
New Listings - 7 -73.08%
Sales to Listing Ratio n/a 128.57% 108.93%
Average Days on Market - 29 20.83%
Average Price $0.00 $123,990.00 -12.08%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 1 -66.67%
New Listings - 2 -60%
Sales to Listing Ratio n/a 50% -16.67%
Average Days on Market - 28 600%
Average Price $0.00 $165,500.00 -22.12%
Condominium Oct-22 YTD* Y/Y%**
Sales 6 108 25.58%
New Listings 18 230 10.58%
Sales to Listing Ratio 33.33% 46.96% 13.57%
Average Days on Market 43 33 -2.94%
Average Price $198,316.00 $243,258.00 1.45%

North

Residential Detached Oct-22 YTD* Y/Y%**
Sales 100 1024 -17.02%
New Listings 141 1561 -0.26%
Sales to Listing Ratio 70.92% 65.6% -16.81%
Average Days on Market 26 16 0%
Average Price $302,007.00 $345,290.00 12.22%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 17 169 -20.66%
New Listings 28 320 4.92%
Sales to Listing Ratio 60.71% 52.81% -24.38%
Average Days on Market 27 18 0%
Average Price $291,676.00 $330,612.00 21.52%
Condominium Oct-22 YTD* Y/Y%**
Sales 6 108 -26.03%
New Listings 12 146 -16.57%
Sales to Listing Ratio 50% 73.97% -11.33%
Average Days on Market 15 17 -45.16%
Average Price $237,483.00 $244,767.00 9.61%

North East

Residential Detached Oct-22 YTD* Y/Y%**
Sales 101 1214 -17.53%
New Listings 130 1591 -3.98%
Sales to Listing Ratio 77.69% 76.3% -14.11%
Average Days on Market 22 13 8.33%
Average Price $325,997.00 $376,396.00 10.01%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 21 170 -25.44%
New Listings 15 226 -7.76%
Sales to Listing Ratio 140% 75.22% -19.17%
Average Days on Market 23 14 0%
Average Price $315,352.00 $346,876.00 11.05%
Condominium Oct-22 YTD* Y/Y%**
Sales 11 226 -14.07%
New Listings 18 294 -29.83%
Sales to Listing Ratio 61.11% 76.87% 22.47%
Average Days on Market 30 21 -30%
Average Price $290,111.00 $262,119.00 6.78%

Rural Municipality

Residential Detached Oct-22 YTD* Y/Y%**
Sales 246 3018 -19.41%
New Listings 419 4799 0.38%
Sales to Listing Ratio 58.71% 62.89% -19.71%
Average Days on Market 32 25 -13.79%
Average Price $365,135.00 $397,094.00 11.62%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 9 232 -15.64%
New Listings 42 427 4.15%
Sales to Listing Ratio 21.43% 54.33% -19%
Average Days on Market 57 28 0%
Average Price $289,977.00 $314,860.00 7.28%
Condominium Oct-22 YTD* Y/Y%**
Sales 19 273 -16.77%
New Listings 43 436 0.69%
Sales to Listing Ratio 44.19% 62.61% -17.34%
Average Days on Market 32 34 -19.05%
Average Price $247,468.00 $269,195.00 11.19%

1W & 5W - RM of Headingley

Residential Detached Oct-22 YTD* Y/Y%**
Sales 5 59 -9.23%
New Listings 7 117 25.81%
Sales to Listing Ratio 71.43% 50.43% -27.85%
Average Days on Market 34 24 -25%
Average Price $696,600.00 $854,562.00 15.52%
Residential Attached Oct-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 Oct-22 YTD* Y/Y%**
Sales - 10 150%
New Listings - 10 150%
Sales to Listing Ratio n/a 100% 0%
Average Days on Market - 33 50%
Average Price $0.00 $574,960.00 -2.34%

3P - RM of East St. Paul

Residential Detached Oct-22 YTD* Y/Y%**
Sales 9 105 14.13%
New Listings 14 130 6.56%
Sales to Listing Ratio 64.29% 80.77% 7.11%
Average Days on Market 13 17 6.25%
Average Price $691,177.00 $748,285.00 15.09%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 11 -35.29%
New Listings 4 23 -28.13%
Sales to Listing Ratio 0% 47.83% -9.97%
Average Days on Market - 33 3.13%
Average Price $0.00 $641,740.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales 1 13 8.33%
New Listings - 13 0%
Sales to Listing Ratio n/a 100% 8.33%
Average Days on Market 49 14 -26.32%
Average Price $440,000.00 $539,061.00 -2.46%

R02 - RM of St. Clements

Residential Detached Oct-22 YTD* Y/Y%**
Sales 8 79 -15.05%
New Listings 11 133 0.76%
Sales to Listing Ratio 72.73% 59.4% -15.69%
Average Days on Market 44 28 0%
Average Price $539,433.00 $574,369.00 21.12%
Residential Attached Oct-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 Oct-22 YTD* Y/Y%**
Sales 3 9 28.57%
New Listings 1 14 55.56%
Sales to Listing Ratio 300% 64.29% -17.35%
Average Days on Market 57 28 -60%
Average Price $299,466.00 $308,544.00 16.87%

R03 - RM of Brokenhead (Beausejour, Tyndall)

Residential Detached Oct-22 YTD* Y/Y%**
Sales 10 108 -27.52%
New Listings 13 156 -11.36%
Sales to Listing Ratio 76.92% 69.23% -18.22%
Average Days on Market 30 17 -29.17%
Average Price $304,100.00 $327,026.00 1.44%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 7 0%
New Listings - 12 -29.41%
Sales to Listing Ratio n/a 58.33% 41.67%
Average Days on Market - 38 322.22%
Average Price $0.00 $291,815.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales - 8 0%
New Listings - 10 25%
Sales to Listing Ratio n/a 80% -20%
Average Days on Market - 29 -55.38%
Average Price $0.00 $176,975.00 0.6%

R04 - RM of Springfield (Oakbank and Dugald)

Residential Detached Oct-22 YTD* Y/Y%**
Sales 15 148 -2.63%
New Listings 22 222 19.35%
Sales to Listing Ratio 68.18% 66.67% -18.42%
Average Days on Market 30 23 64.29%
Average Price $491,626.00 $523,008.00 10.59%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 5 66.67%
New Listings 2 8 100%
Sales to Listing Ratio 0% 62.5% -16.67%
Average Days on Market - 7 40%
Average Price $0.00 $405,600.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales - 10 150%
New Listings 1 10 150%
Sales to Listing Ratio 0% 100% 0%
Average Days on Market - 10 11.11%
Average Price $0.00 $350,320.00 -3.88%

R05 - RM of Tache (Lorette, Landmark)

Residential Detached Oct-22 YTD* Y/Y%**
Sales 10 108 5.88%
New Listings 11 177 18.79%
Sales to Listing Ratio 90.91% 61.02% -10.87%
Average Days on Market 36 20 0%
Average Price $463,487.00 $476,444.00 9.47%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 1 16 166.67%
New Listings 2 44 120%
Sales to Listing Ratio 50% 36.36% 21.21%
Average Days on Market 14 26 -13.33%
Average Price $339,000.00 $352,937.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales 1 13 -23.53%
New Listings 1 17 -37.04%
Sales to Listing Ratio 100% 76.47% 21.45%
Average Days on Market 46 50 138.1%
Average Price $167,000.00 $195,270.00 6.42%

R06 - RM of St. Anne (Ste Anne)

Residential Detached Oct-22 YTD* Y/Y%**
Sales 3 80 -34.96%
New Listings 7 108 -95.47%
Sales to Listing Ratio 42.86% 74.07% 1336.31%
Average Days on Market 35 22 -15.38%
Average Price $334,166.00 $378,654.00 6.89%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 7 600%
New Listings 1 7 75%
Sales to Listing Ratio 0% 100% 300%
Average Days on Market - 22 37.5%
Average Price $0.00 $310,800.00 -2.84%
Condominium Oct-22 YTD* Y/Y%**
Sales - 5 25%
New Listings - 6 -50%
Sales to Listing Ratio n/a 83.33% 150%
Average Days on Market - 19 -17.39%
Average Price $0.00 $187,360.00 -1.26%

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

Residential Detached Oct-22 YTD* Y/Y%**
Sales 2 151 -22.56%
New Listings 26 290 2.47%
Sales to Listing Ratio 7.69% 52.07% -24.43%
Average Days on Market 28 17 -19.05%
Average Price $402,450.00 $467,174.00 7.52%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 1 30 7.14%
New Listings 10 58 34.88%
Sales to Listing Ratio 10% 51.72% -20.57%
Average Days on Market 17 13 62.5%
Average Price $220,000.00 $320,332.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales 1 48 -4%
New Listings 6 85 57.41%
Sales to Listing Ratio 16.67% 56.47% -39.01%
Average Days on Market 90 16 -40.74%
Average Price $326,000.00 $270,962.00 36.05%

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

Residential Detached Oct-22 YTD* Y/Y%**
Sales 6 68 -41.88%
New Listings 15 129 -16.23%
Sales to Listing Ratio 40% 52.71% -30.62%
Average Days on Market 21 18 -33.33%
Average Price $727,166.00 $625,166.00 9.41%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 3 -57.14%
New Listings - 3 -50%
Sales to Listing Ratio n/a 100% -14.29%
Average Days on Market - 16 -30.43%
Average Price $0.00 $377,466.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales 2 14 -33.33%
New Listings 3 37 60.87%
Sales to Listing Ratio 66.67% 37.84% -58.56%
Average Days on Market 44 31 -6.06%
Average Price $349,950.00 $294,535.00 -11.96%

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

Residential Detached Oct-22 YTD* Y/Y%**
Sales 18 132 5.6%
New Listings 24 194 31.08%
Sales to Listing Ratio 75% 68.04% -19.44%
Average Days on Market 21 17 13.33%
Average Price $367,495.00 $448,579.00 17.63%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 1 -66.67%
New Listings 2 10 66.67%
Sales to Listing Ratio 0% 10% -80%
Average Days on Market - 5 -91.8%
Average Price $0.00 $419,900.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales 1 1 0%
New Listings 2 11 450%
Sales to Listing Ratio 50% 9.09% -81.82%
Average Days on Market 6 6 -81.82%
Average Price $209,000.00 $209,000.00 -0.48%

R13 - RM of St. Andrews

Residential Detached Oct-22 YTD* Y/Y%**
Sales 12 104 -19.38%
New Listings 8 163 7.95%
Sales to Listing Ratio 150% 63.8% -25.32%
Average Days on Market 28 22 -18.52%
Average Price $350,741.00 $509,070.00 8.51%
Residential Attached Oct-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 Oct-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 Oct-22 YTD* Y/Y%**
Sales 4 114 6.54%
New Listings 13 163 22.56%
Sales to Listing Ratio 30.77% 69.94% -13.07%
Average Days on Market 25 16 -11.11%
Average Price $220,250.00 $300,543.00 8.66%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 7 14.29%
New Listings 1 16 14.29%
Sales to Listing Ratio 0% 43.75% 2.08%
Average Days on Market - 36 200%
Average Price $0.00 $221,616.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales - 13 -18.75%
New Listings - 17 -45.16%
Sales to Listing Ratio n/a 76.47% 48.16%
Average Days on Market - 18 -47.06%
Average Price $0.00 $279,697.00 8.09%

R15 - RM of West St. Paul

Residential Detached Oct-22 YTD* Y/Y%**
Sales 3 63 -38.83%
New Listings 16 158 3.27%
Sales to Listing Ratio 18.75% 39.87% -40.77%
Average Days on Market 39 23 -8%
Average Price $746,000.00 $698,263.00 16.17%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 9 0%
New Listings 1 35 -12.5%
Sales to Listing Ratio 0% 25.71% 14.29%
Average Days on Market - 66 20%
Average Price $0.00 $459,593.00 3.11%
Condominium Oct-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 Oct-22 YTD* Y/Y%**
Sales 31 427 -18.98%
New Listings 54 650 1.25%
Sales to Listing Ratio 57.41% 65.69% -19.97%
Average Days on Market 27 21 5%
Average Price $346,814.00 $366,160.00 10.84%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 4 72 -20%
New Listings 10 97 -11.82%
Sales to Listing Ratio 40% 74.23% -9.28%
Average Days on Market 80 28 33.33%
Average Price $310,975.00 $286,039.00 7.8%
Condominium Oct-22 YTD* Y/Y%**
Sales 3 47 -31.88%
New Listings 4 56 -28.21%
Sales to Listing Ratio 75% 83.93% -5.12%
Average Days on Market 8 23 -36.11%
Average Price $200,300.00 $210,593.00 -2.38%

R26 - Lake Winnipeg West Side Beaches

Residential Detached Oct-22 YTD* Y/Y%**
Sales 10 199 -7.87%
New Listings 18 269 9.8%
Sales to Listing Ratio 55.56% 73.98% -16.09%
Average Days on Market 39 20 -9.09%
Average Price $230,000.00 $277,601.00 7.42%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - 1 n/a
New Listings 1 4 100%
Sales to Listing Ratio 0% 25% n/a
Average Days on Market - 8 n/a
Average Price $0.00 $172,000.00 n/a
Condominium Oct-22 YTD* Y/Y%**
Sales 5 23 -4.17%
New Listings 1 32 28%
Sales to Listing Ratio 500% 71.88% -25.13%
Average Days on Market 26 23 109.09%
Average Price $186,940.00 $185,156.00 24.27%

R27 - Lake Winnipeg East Side Beaches

Residential Detached Oct-22 YTD* Y/Y%**
Sales 8 125 -30.94%
New Listings 14 176 -16.59%
Sales to Listing Ratio 57.14% 71.02% -17.21%
Average Days on Market 39 23 -28.13%
Average Price $297,625.00 $299,903.00 17.57%
Residential Attached Oct-22 YTD* Y/Y%**
Sales - - -100%
New Listings - 1 -50%
Sales to Listing Ratio n/a 0% -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 n/a
Condominium Oct-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 Oct-22 YTD* Y/Y%**
Sales 96 1237 -15.04%
New Listings 113 1567 -2.55%
Sales to Listing Ratio 84.96% 78.94% -12.82%
Average Days on Market 23 13 18.18%
Average Price $464,160.00 $476,653.00 10.53%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 10 85 -21.3%
New Listings 8 128 -5.88%
Sales to Listing Ratio 125% 66.41% -16.38%
Average Days on Market 25 25 150%
Average Price $350,390.00 $352,950.00 2.9%
Condominium Oct-22 YTD* Y/Y%**
Sales 18 235 -33.62%
New Listings 25 311 -32.1%
Sales to Listing Ratio 72% 75.56% -2.24%
Average Days on Market 19 16 -40.74%
Average Price $299,072.00 $294,593.00 7.08%

South West

Residential Detached Oct-22 YTD* Y/Y%**
Sales 116 1722 -18.54%
New Listings 186 2331 -2.26%
Sales to Listing Ratio 62.37% 73.87% -16.66%
Average Days on Market 25 14 0%
Average Price $497,194.00 $543,900.00 8.01%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 9 159 -35.1%
New Listings 18 249 -5.32%
Sales to Listing Ratio 50% 63.86% -31.45%
Average Days on Market 28 12 -29.41%
Average Price $418,577.00 $389,413.00 13.98%
Condominium Oct-22 YTD* Y/Y%**
Sales 75 873 -4.69%
New Listings 103 1225 -9.99%
Sales to Listing Ratio 72.82% 71.27% 5.89%
Average Days on Market 24 23 -20.69%
Average Price $270,752.00 $272,766.00 8.32%

West

Residential Detached Oct-22 YTD* Y/Y%**
Sales 81 994 -14.97%
New Listings 124 1407 0.07%
Sales to Listing Ratio 65.32% 70.65% -15.03%
Average Days on Market 21 15 25%
Average Price $313,558.00 $325,213.00 8.27%
Residential Attached Oct-22 YTD* Y/Y%**
Sales 12 84 -26.32%
New Listings 15 129 -9.15%
Sales to Listing Ratio 80% 65.12% -18.89%
Average Days on Market 41 41 105%
Average Price $267,166.00 $300,683.00 3.91%
Condominium Oct-22 YTD* Y/Y%**
Sales 10 137 -6.16%
New Listings 16 184 -21.7%
Sales to Listing Ratio 62.5% 74.46% 19.84%
Average Days on Market 27 27 -10%
Average Price $163,250.00 $197,481.00 20.43%

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