Average prices continue to climb while MLS® sales keep similar pace as 5-year averages
Winnipeg, May 7, 2026 – The residential detached average price of $499,434 in April 2026 rose 8% above the previous April record set in 2025 and was up 11% from the 5-year average. Residential detached MLS® sales of 908 decreased 13% from last year but were 3% below the 5-year average. Condominium average prices rose 6% to $291,699 and MLS® sales decreased 7% from April 2025 but were 5% below the 5-year average. All MLS® 1 sales of 1,351 in March 2026 were down 11% but were 1% below the 5-year average. Active All MLS® listings of 3,266 were down 2% from last year but up 1% from the 5-year average. Total MLS® dollar volume of over $589 million was down 5% from April 2025 and up 8% from the 5-year average.
“Residential detached and condominium average prices continue to rise while MLS® sales remained lower than last year but in line with the 5-year averages,” said Dan O’Brien, 2026-2027 President of the Winnipeg Regional Real Estate Board. “The MLS® sales result of 2025 was the third best on record and while this year isn’t on pace yet, the performance relative to the 5-year averages puts things into perspective. Active listings rose 17% from March to April which is a positive sign moving forward. Notably, April represents the first month on record when the residential detached average price for Winnipeg was above $500,000 while the average price across the market region was just short of that mark.”
Year-to-date All MLS® sales of 3,889 were down 10% from 2025 and down 3% from the 5-year average, total MLS® listings of 6,850 were down 7% from last year and down 1% from the 5-year average. Total dollar volume of over $1.6B was down 5% from 2025 but up 5% from the 5-year average. Year-to-date residential detached MLS® sales of 2,485 were down 11% from last year and down 6% from the 5-year average. The average price of $473,642 was up 4% when compared to last April and up 9% from the 5-year average. Condominium MLS® sales of 592 were down 12% and the average price of $287,986 was up 6% from last year and up 7% from the 5-year average of $269,271.
“Heading into the spring market, REALTORS® are uniquely positioned to support clients by combining local expertise with the power of the MLS® marketing system,” said Crystal Hollas, CEO of the Winnipeg Regional Real Estate Board. “Managed by the Winnipeg Regional Real Estate Board, this advanced, cooperative platform delivers valuable data insights—complemented by REALTORS® who provide trusted advice, market intelligence, and a steady hand throughout the buying or selling process.”
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.
1 – The All MLS® statistical category is an aggregate of all property types.
Media Inquiries:
Jeremy Davis
Director External Relations & Market Intelligence
Winnipeg Regional Real Estate Board
media@wrreb.ca
Office: 204-786-8857