September 2024 outpaces the last two years, with year-to-date totals surpassing 2023​

Winnipeg, October 8, 2024 – September saw All MLS® sales of 1,251 up 7% over last year, active MLS® listings of 4,036 down 4% and total MLS® dollar volume of over $467 million up 15%. Residential detached MLS® sales of 884 were up 9% while the average price of $410,004 was up 3% when compared to last September. Condominium MLS® sales of 174 were up 3% and the average price of $277,334 ​up 2% over last September. ​

"The upward trend in MLS® sales, dollar volume, and average prices in 2024 continued across the three primary property types: residential detached, residential attached and condominiums. This month, these gains also exceeded those of September 2022," said Daphne Shepherd, 2024-2025 President of the Winnipeg Regional Real Estate Board. “Year-to-date totals for 2024 showed increases in listings, MLS® sales, dollar volume, and average prices compared to 2023. Condominiums had a particularly strong performance, being the only property type to exceed the 5-year average for MLS® sales through the first three quarters. Additionally, September marked the fifth condominium MLS® sale of 2024 at or above $1 million."

Year-to-date All MLS® sales of 11,495 were up 11%, total MLS® listings of 18,870 were up 3% while dollar volume of almost $4.4B was up 17% over 2023. Year-to-date residential detached MLS® sales of of 7,927 were up 9% and the average price of $422,589 was up 5% when compared to last September. Condominium MLS® sales of 1,714 were up 10% and the average price of $277,196 was up 7% over last September. Year-to-date residential attached MLS® sales of 795 were up 17% and the average price of $363,622 was up 8% over last year.

​September 2024 outpaces the last two years, with year-to-date totals surpassing 2023

Winnipeg, October 8, 2024 – The real estate market results for September 2024 saw increases to All MLS® sales, and dollar volume when compared to last year and September 2022. All three of the main property types of residential detached, condominium, and residential attached homes saw increases to MLS® sales, dollar volume and average prices but only condominiums saw an increase in active listings over last year. Three-quarter totals for 2024 saw increases to the number listings, MLS® sales, dollar volume and average prices over the three-quarter totals for 2023.​

• For September and through three quarters of 2024, Waverley West was the neighbourhood in Winnipeg which saw the most residential detached homes sold with West Kildonan recording the second most MLS® sales. Outside Winnipeg, the Steinbach area had the most residential detached homes sold followed by the Morden/Winkler area.

• While three quarter totals for residential detached MLS® sales in Winnipeg are 8% higher than in 2023, notably, many MLS® areas outside Winnipeg have seen double digit increases including the areas of Steinbach, Morden/Winkler, Gimli, and Niverville/Ritchot.

• There were 9 residential detached homes sold at or above $1 million in September, with the highest price at just over $3 million. September 2023 had 10 residential detached homes sold for over $1 million. Three quarter totals for 2024 show 114 residential detached homes sold at or above $1 million which contrasts with the 76 sold through three quarters of 2023.

• The $325,000 - $349,999 price range was the most active with 65 MLS® sales representing 7.4% of all residential detached MLS® sales in September. The second most active price range was $550,000-$599,999 which saw 64 MLS® sales, representing 7.2% of all residential detached MLS® sales in September.

• Osborne Village was the neighbourhood in September which saw the most MLS® condominium sales followed by Waverley West.

• Through three quarters of 2024, Osborne Village also saw the most MLS® sales followed by Linden Woods.

• September saw 2024’s 5th condominium sold at or above $1 million, higher that the 2 sold through September 2023 and also higher than the 3 sold in all of 2023.

• The most active price range for condominiums was the $250,000 - $274,999 range with 25 MLS® sales in September which represents 14% of all condominium MLS® sales. The $200,000 - $224,999 was the second most active price range with 22 sales in September, representing 13% of all condominium MLS® sales.​

Source: Winnipeg Regional Real Estate Board.