Winnipeg, October 8, 2024 – September saw All MLS® sales of 1,251 up 7% over last year, active MLS® listings of 4,036 down 4% and total MLS® dollar volume of over $467 million up 15%. Residential detached MLS® sales of 884 were up 9% while the average price of $410,004 was up 3% when compared to last September. Condominium MLS® sales of 174 were up 3% and the average price of $277,334 up 2% over last September.
"The upward trend in MLS® sales, dollar volume, and average prices in 2024 continued across the three primary property types: residential detached, residential attached and condominiums. This month, these gains also exceeded those of September 2022,” said Daphne Shepherd, 2024-2025 President of the Winnipeg Regional Real Estate Board. “Year-to-date totals for 2024 showed increases in listings, MLS® sales, dollar volume, and average prices compared to 2023. Condominiums had a particularly strong performance, being the only property type to exceed the 5-year average for MLS® sales through the first three quarters. Additionally, September marked the fifth condominium MLS® sale of 2024 at or above $1 million.”
Year-to-date All MLS® sales of 11,495 were up 11%, total MLS® listings of 18,870 were up 3% while dollar volume of almost $4.4B was up 17% over 2023. Year-to-date residential detached MLS® sales of of 7,927 were up 9% and the average price of $422,589 was up 5% when compared to last September. Condominium MLS® sales of 1,714 were up 10% and the average price of $277,196 was up 7% over last September. Year-to-date residential attached MLS® sales of 795 were up 17% and the average price of $363,622 was up 8% over last year.
“One key advantage of working with a REALTOR® is their ability to help buyers explore a wide range of listings while ensuring sellers receive maximum exposure for their property,” said Marina R. James, CEO of the Winnipeg Regional Real Estate Board. “The weekly Winnipeg Regional Real Estate News (WRREN) reaches 350+ high-traffic locations, offering Manitoba's most comprehensive open house guide, exclusive to REALTORS® for advertising. It includes market statistics, real estate industry trends, and new and active MLS® listings. Visit www.winnipegregionalrealestatenews.com for the most up-to-date information and to connect with a REALTOR® for an edge in today's real estate market.”
-30-
ABOUT THE WINNIPEG REGIONAL REAL ESTATE BOARD
Serving Members since 1903, the Winnipeg Regional Real Estate Board is one of Canada’s longest running real estate board, serving over 2,400 licensed residential and commercial real estate Brokers and Salespersons, along with other industry-related professions. REALTOR® Members of the Winnipeg Regional Real Estate Board utilize the Multiple Listing Service (MLS®) to put the housing market in perspective for those looking to buy or sell a home. REALTORS® can explain market insights, price trends, provide comparable property analysis and housing trends. To find a REALTOR® or to view a map of MLS® listings, visit www.winnipegregionalrealestatenews.com.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Statistics provided in this market release are the sole property of the Winnipeg Regional Real Estate Board.
Media Inquiries:
Jeremy Davis
Director External Relations & Market Intelligence
Winnipeg Regional Real Estate Board
media@wrreb.ca
Office: 204-786-8857