06/10/2026
📊 Winnipeg Home Prices Hit a New May Record!
The Winnipeg real estate market continues to show resilience, with home prices reaching new highs despite a slight decline in overall sales activity.
Market Highlights
🏡 All MLS® Sales
1,707 homes sold in May 2026
Down 4% compared to May 2025
📈 Active Listings
3,739 active listings
Up 2% from last year
Detached Homes
Residential detached homes remained the driving force of the market:
1,200 homes sold in May
Down 4% from last year
The average detached home price reached $477,313, representing:
A 4% decrease from April 2026
A 4% increase from May 2025
Notably, this marks the highest May average detached home price ever recorded in Winnipeg.
Condominium Market
The condominium sector showed positive momentum:
Condo sales increased 6% compared to May 2025
Sales matched the 5-year average
The average condominium price:
Decreased 1% from last year
Remained 5% above the 5-year average
Despite the slight year-over-year decline, condo prices remained near record highs, falling just short of the all-time May record set in 2025.
𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀 𝗪𝗼𝗿𝘁𝗵 𝗡𝗼𝘁𝗶𝗻𝗴
May marked an important turning point in 2026:
✅ First month this year where overall MLS® sales exceeded the 5-year average
✅ First month active listings were higher than both last year and the 5-year average
✅ First month condominium sales outperformed the same period last year
𝗪𝗵𝗮𝘁 𝗧𝗵𝗶𝘀 𝗠𝗲𝗮𝗻𝘀 𝗳𝗼𝗿 𝗕𝘂𝘆𝗲𝗿𝘀 𝗮𝗻𝗱 𝗦𝗲𝗹𝗹𝗲𝗿𝘀
While overall sales remain slightly below last year's pace, home prices continue to climb, reflecting ongoing demand and limited inventory in desirable neighbourhoods. Buyers are seeing more listings become available, creating additional opportunities, while sellers continue to benefit from strong pricing, particularly in the detached home market.
Inventory is rising, and the market is becoming more balanced for both buyers and sellers. Is this the right time for your next move? Let's talk! 🏡
Lin Chen陈琳 Realtor®
Remax One Group
204.292.5063
[email protected]
www.linsellhomes.com
