The deep freeze is setting in!
- Stewart Sheach
- Dec 8, 2025
- 2 min read
November's market shows slight decline, year-to-date performance shines!
All MLS® sales, dollar volume and active listings were down when compared to November 2024 and the 5-year average. For residential detached MLS® sales, the only increase was average prices rose above the 5-year average. For condominiums, active listings and average prices went up while sales and dollar volume fell below.
From a year-to-date perspective, all MLS® sales and dollar volume rose above 2024 while active listings remained statistically even. For residential detached MLS® sales, dollar volume and average prices rose, while listings fell below. For condominiums, MLS® sales were statistically despite a rise in the number of listings, dollar volume and average prices.
Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board.
Detached homes
47% of sales were between $300,000 to $499,999
The most active price range was $300,000-$399,999 which saw 155 MLS® sales.
The $400,000-$499,999 price range was the second most active with 137 MLS® sales.
Condos
64% of sales were between $100,000 to $299,999
The most active price range was the $200,000-$299,999 range with 49 MLS® sales.
The $100,000-$199,999 range was the second most active with 34 MLS® sales.
Source: Winnipeg Regional Real Estate Board
For a sense of how communities around Winnipeg compare both to one another and to prior years, check out the chart below.
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