06/12/2025
May 2025 Market Release
Source: Winnipeg Regional Real Estate Board.
“May 2025 recorded the highest monthly condominium average price ever recorded in our market region," said Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board.
“This was the best May on record for All MLS® total dollar volume and also residential detached average prices and dollar volume.
From a year-to-date perspective, residential detached and condominium average prices were the highest on record through the first five months of a year."
From a year-to-date perspective, All MLS® sales of 6,094 were up 7%, total MLS® listings of 9,945 were down 1% while total dollar volume of over $2.4B was up 14% over 2024.
Year-to-date residential detached MLS® sales of 4,067 were up 6% and the average price of $456,972 was up 9% when compared to last May.
Condominium MLS® sales of 902 and the average price of $277,954 were both statistically even with May 2024.
“In a fast-moving real estate market, it's essential to have a plan and working with a knowledgeable REALTOR® can prove invaluable for buyers and sellers," said Marina R. James, CEO of the Winnipeg Regional Real Estate Board.
“Whether you are buying or selling, knowledge is power, and a REALTOR® will build a personalized strategy catered to you.
With access to the latest MLS® market data, a REALTOR® will have your best interests in mind to help you get the best possible price in a purchase or sale."
