10/10/2026
🏡 Winnipeg Real Estate Market Report | September 2026
📊 More Choices for Buyers. Record-High Prices. A Market Finding Its Balance.
Winnipeg’s real estate market showed a changing landscape. Buyers have more homes to choose from, sales have softened compared with last year, yet average home prices continue to reach record highs.
🏠 More Choices for Buyers
Active MLS® listings reached 4,234 in September, up 14% year-over-year and 5% above the five-year average. Detached home inventory climbed 20% to 2,098 listings, giving buyers more opportunities to explore different properties and neighbourhoods.
📉 Sales Are Slowing
Winnipeg recorded 1,250 MLS® sales in September, down 10% from last year but in line with the five-year average. The condominium market saw a sharper decline, with sales falling 23% to 155 units.
💰 Prices Continue to Rise
Through the end of Q3, the average detached home price reached $467,687, up 3% from 2025 and 8% above the five-year average. Condominiums averaged $288,751, up 2% year-over-year and 5% above the five-year average.
September also saw 25 detached homes sell for $1 million or more, compared with 15 in September 2025. The highest-priced sale exceeded $2.4 million!
📍 Neighbourhoods to Watch
Waverley West led Winnipeg in detached home sales for September, followed by Island Lakes. River Heights recorded the most condominium sales, followed by Osborne Village, Waverley West and Downtown.
✨ What Does This Mean for You?
For buyers, more inventory may mean greater choice and more room to negotiate. For sellers, increased competition makes strategic pricing, professional presentation and effective marketing essential.
Winnipeg’s market is evolving - not standing still. Whether you are buying your first home, upgrading, downsizing or investing, understanding your local market is key to making informed decisions.
📩 Thinking about buying or selling? Contact me for advice tailored to your real estate goals.
Lin Chen 陈琳 |Realtor®
Remax One Group
204-292-5063
[email protected]
www.linsellhomes.com