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MLS® sales decrease while residential detached and condominium average prices rise to highest August level
Winnipeg, September 9, 2025 – August 2025 saw All MLS® 1 sales of 1,402 down 5% from August 2024 and down 3% from the 5-year average. Active MLS® listings of 3,624 were down 10% and total MLS® dollar volume of over $561 million up 3% from August 2024. Residential detached MLS® sales of 970 were down 5% while the average price of $450,596 was up 8% when compared to August 2024. Condominium MLS® sales of 204 were down 3% and the average price of $280,143 was up 4% from August 2024.
“Every month in 2025 including August, has set a new residential detached average price record for that month,” said Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board. “Condominium average prices have followed a similar trend with six of eight months setting a new average price record. For the first month in 2025, August All MLS® and residential detached home sales decreased when compared to 2024.”
From a year-to-date perspective, All MLS® sales of 10,773 were up 5%, total MLS® listings of 16,635 down 1% while total dollar volume of over $4.3B up 12% over 2024. Year-to-date residential detached MLS® sales of 7,367 were up 5% and the average price of $456,726 was up 8% when compared to last August. Condominium MLS® sales of 1,571 were up 2% and the average price of $281,261 was up 2% above August 2024.
“In a residential real estate market seeing unprecedented demand with limited inventory, using a REALTOR® has never been more important to support you every step of the way,” said Marina R. James, CEO of the Winnipeg Regional Real Estate Board. “Whether you are looking to buy or sell, REALTORS® provide invaluable advice, strategy and data-backed expertise on current market conditions to ensure your interests are always at the forefront. With access to a network of professionals, leading edge marketing and MLS® technology and experience in negotiations, using a REALTOR® can create peace of mind as you consider a purchase or sale in a fast-moving market.”
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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 2,500 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