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Record breaking prices in July!

  • Writer: Stewart Sheach
    Stewart Sheach
  • Aug 22, 2025
  • 1 min read

July’s average prices for residential detached homes and condominiums continued the trend of highest monthly average prices on record.  

MLS® sales continued the trend of increases over last year, but July’s performance also rose above the 5-year average.

All MLS® total dollar volume was the highest July figure on record while All MLS® sales were the third highest July on record

  • Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board

Homes see price and sales increases

Year-to-date residential detached MLS® sales of 6,399 were up 6% and the average price of $457,667 was up 8% when compared to last July. 

Condos see price and sales increases

Condominium MLS® sales of 1,367 were up 3% and the average price of $281,427 was up 1% above July 2024.

It’s cottage country time

While May is typically the time when cottage owners begin warm weather preparations on their properties, it is August when we see the most Lake Country MLS® sales activity.

Source:Winnipeg Regional Real Estate Board

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