February 2023 Real Estate Market Release

MLS® inventory in February was higher than the previous pandemic Februarys of 2021 and 2022, while MLS® sales were lower than the record Februarys of the same timeframe. Notably, this February is the 8th consecutive month that inventory was higher than the same month in the previous year after inventory started to rebound in June of 2022. 

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REALTORS® know real estate and bring their knowledge and expertise to help buyers and sellers navigate the local real estate market.  REALTORS® are professional and informed and are continually updating their knowledge so their clients become more informed on all aspects of the buying and selling process.

For additional information specific to your neighbourhood market statistics, please contact your REALTOR®

Downtown

Residential Detached Feb-23 YTD* Y/Y%**
Sales - 1 -80%
New Listings 3 4 33.33%
Sales to Listing Ratio 0% 25% -85%
Average Days on Market - 8 -70.37%
Average Price $0.00 $45,000.00 -68.04%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales 11 20 -13.04%
New Listings 20 38 -5%
Sales to Listing Ratio 55% 52.63% -8.47%
Average Days on Market 36 39 -23.53%
Average Price $224,136.00 $250,875.00 -4.36%

North

Residential Detached Feb-23 YTD* Y/Y%**
Sales 56 114 -14.93%
New Listings 109 211 34.39%
Sales to Listing Ratio 51.38% 54.03% -36.7%
Average Days on Market 31 32 39.13%
Average Price $254,116.00 $279,917.00 -1.6%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 8 14 -51.72%
New Listings 19 46 21.05%
Sales to Listing Ratio 42.11% 30.43% -60.12%
Average Days on Market 44 38 90%
Average Price $279,937.00 $258,281.00 -9.53%
Condominium Feb-23 YTD* Y/Y%**
Sales 4 7 -70.83%
New Listings 12 24 -14.29%
Sales to Listing Ratio 33.33% 29.17% -65.97%
Average Days on Market 20 31 29.17%
Average Price $218,125.00 $179,785.00 -30.42%

North East

Residential Detached Feb-23 YTD* Y/Y%**
Sales 63 125 6.84%
New Listings 107 193 19.14%
Sales to Listing Ratio 58.88% 64.77% -10.32%
Average Days on Market 20 24 50%
Average Price $350,960.00 $329,169.00 -21.16%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 8 16 -46.67%
New Listings 10 22 -33.33%
Sales to Listing Ratio 80% 72.73% -20%
Average Days on Market 14 26 136.36%
Average Price $340,162.00 $338,893.00 -8.65%
Condominium Feb-23 YTD* Y/Y%**
Sales 4 12 -65.71%
New Listings 20 33 -38.89%
Sales to Listing Ratio 20% 36.36% -43.9%
Average Days on Market 44 33 6.45%
Average Price $196,225.00 $205,683.00 -19.59%

Rural Municipality

Residential Detached Feb-23 YTD* Y/Y%**
Sales 144 256 -27.68%
New Listings 326 700 26.13%
Sales to Listing Ratio 44.17% 36.57% -42.66%
Average Days on Market 43 43 26.47%
Average Price $382,191.00 $362,972.00 -13.07%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 9 19 -53.66%
New Listings 37 80 -13.98%
Sales to Listing Ratio 24.32% 23.75% -46.13%
Average Days on Market 13 29 -12.12%
Average Price $280,680.00 $310,824.00 -6.58%
Condominium Feb-23 YTD* Y/Y%**
Sales 17 30 -9.09%
New Listings 40 72 2.86%
Sales to Listing Ratio 42.5% 41.67% -11.62%
Average Days on Market 64 60 106.9%
Average Price $234,311.00 $223,688.00 -6.27%

1W & 5W - RM of Headingley

Residential Detached Feb-23 YTD* Y/Y%**
Sales 2 6 -25%
New Listings 6 16 14.29%
Sales to Listing Ratio 33.33% 37.5% -34.38%
Average Days on Market 16 30 15.38%
Average Price $705,000.00 $626,150.00 -36.3%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - - -100%
New Listings - - -100%
Sales to Listing Ratio n/a n/a -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 -100%

3P - RM of East St. Paul

Residential Detached Feb-23 YTD* Y/Y%**
Sales 2 3 -82.35%
New Listings 5 13 -23.53%
Sales to Listing Ratio 40% 23.08% -76.92%
Average Days on Market 18 59 195%
Average Price $921,450.00 $804,300.00 -1.91%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - 2 100%
New Listings 1 5 -28.57%
Sales to Listing Ratio 0% 40% 180%
Average Days on Market - 16 1500%
Average Price $0.00 $587,447.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - 1 0%
Sales to Listing Ratio n/a 0% n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

R02 - RM of St. Clements

Residential Detached Feb-23 YTD* Y/Y%**
Sales 7 8 0%
New Listings 5 14 7.69%
Sales to Listing Ratio 140% 57.14% -7.14%
Average Days on Market 49 47 11.9%
Average Price $508,571.00 $494,375.00 -36.09%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - 1 n/a
New Listings 2 4 33.33%
Sales to Listing Ratio 0% 25% n/a
Average Days on Market - 34 n/a
Average Price $0.00 $265,000.00 n/a

R03 - RM of Brokenhead (Beausejour, Tyndall)

Residential Detached Feb-23 YTD* Y/Y%**
Sales 4 6 -57.14%
New Listings 12 22 15.79%
Sales to Listing Ratio 33.33% 27.27% -62.99%
Average Days on Market 19 14 -6.67%
Average Price $373,000.00 $341,166.00 1.5%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - -100%
New Listings - 2 -60%
Sales to Listing Ratio n/a 0% -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales 1 1 -66.67%
New Listings 1 2 100%
Sales to Listing Ratio 100% 50% -83.33%
Average Days on Market 11 11 -71.05%
Average Price $115,000.00 $115,000.00 -34.26%

R04 - RM of Springfield (Oakbank and Dugald)

Residential Detached Feb-23 YTD* Y/Y%**
Sales 8 12 -25%
New Listings 15 31 34.78%
Sales to Listing Ratio 53.33% 38.71% -44.35%
Average Days on Market 26 35 84.21%
Average Price $579,250.00 $563,250.00 16.52%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 1 1 0%
New Listings 1 1 0%
Sales to Listing Ratio 100% 100% 0%
Average Days on Market 8 8 33.33%
Average Price $390,000.00 $390,000.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales 1 2 100%
New Listings 1 1 0%
Sales to Listing Ratio 100% 200% 100%
Average Days on Market 16 38 375%
Average Price $455,000.00 $329,700.00 88.51%

R05 - RM of Tache (Lorette, Landmark)

Residential Detached Feb-23 YTD* Y/Y%**
Sales 2 4 -55.56%
New Listings 20 29 20.83%
Sales to Listing Ratio 10% 13.79% -63.22%
Average Days on Market 9 39 30%
Average Price $535,000.00 $566,250.00 13.17%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - -100%
New Listings 1 6 -40%
Sales to Listing Ratio 0% 0% -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales 2 2 -33.33%
New Listings 2 3 -25%
Sales to Listing Ratio 100% 66.67% -11.11%
Average Days on Market 34 34 3.03%
Average Price $198,950.00 $198,950.00 0.45%

R06 - RM of St. Anne (Ste Anne)

Residential Detached Feb-23 YTD* Y/Y%**
Sales 2 6 -33.33%
New Listings 10 22 -90.22%
Sales to Listing Ratio 20% 27.27% 581.82%
Average Days on Market 56 37 37.04%
Average Price $300,500.00 $382,566.00 -3.31%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 2 2 100%
New Listings 1 5 400%
Sales to Listing Ratio 200% 40% -60%
Average Days on Market 27 27 -54.24%
Average Price $264,900.00 $264,900.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - - -100%
New Listings 2 2 -33.33%
Sales to Listing Ratio 0% 0% -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 -100%

R07 - RM of Ritchot (Niverville, Ste Agathe, St. Adolphe, Ile des Chenes)

Residential Detached Feb-23 YTD* Y/Y%**
Sales 9 13 -45.83%
New Listings 30 64 56.1%
Sales to Listing Ratio 30% 20.31% -65.3%
Average Days on Market 16 22 0%
Average Price $453,518.00 $468,966.00 -4.33%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - 1 -87.5%
New Listings 7 10 -23.08%
Sales to Listing Ratio 0% 10% -83.75%
Average Days on Market - 68 655.56%
Average Price $0.00 $450,000.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - 1 -83.33%
New Listings 8 15 7.14%
Sales to Listing Ratio 0% 6.67% -84.44%
Average Days on Market - 80 1233.33%
Average Price $0.00 $160,000.00 -35.06%

R08 - RM of Macdonald (Oak Bluff, La Salle, Sanford)

Residential Detached Feb-23 YTD* Y/Y%**
Sales 3 5 -28.57%
New Listings 9 31 106.67%
Sales to Listing Ratio 33.33% 16.13% -65.44%
Average Days on Market 35 42 200%
Average Price $827,277.00 $704,666.00 15.88%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings 1 4 -33.33%
Sales to Listing Ratio 0% 0% n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

R12 - RM of Rockwood & Woodlands (Stonewall, Stony Mountain)

Residential Detached Feb-23 YTD* Y/Y%**
Sales 4 10 -9.09%
New Listings 12 23 43.75%
Sales to Listing Ratio 33.33% 43.48% -36.76%
Average Days on Market 69 47 38.24%
Average Price $292,500.00 $304,246.00 -37.85%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings 1 4 100%
Sales to Listing Ratio 0% 0% n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings 8 10 400%
Sales to Listing Ratio 0% 0% n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

R13 - RM of St. Andrews

Residential Detached Feb-23 YTD* Y/Y%**
Sales 5 7 -30%
New Listings 8 20 11.11%
Sales to Listing Ratio 62.5% 35% -37%
Average Days on Market 20 18 0%
Average Price $480,980.00 $461,271.00 -16.34%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

R14 - City of Selkirk

Residential Detached Feb-23 YTD* Y/Y%**
Sales 5 12 140%
New Listings 7 22 0%
Sales to Listing Ratio 71.43% 54.55% 140%
Average Days on Market 30 21 200%
Average Price $234,600.00 $270,958.00 5.01%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - -66.67%
New Listings - 1 -66.67%
Sales to Listing Ratio n/a 0% n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - 1 -50%
New Listings - 4 300%
Sales to Listing Ratio n/a 25% -87.5%
Average Days on Market - 12 -74.47%
Average Price $0.00 $125,000.00 -49.14%

R15 - RM of West St. Paul

Residential Detached Feb-23 YTD* Y/Y%**
Sales 2 5 -61.54%
New Listings 29 55 205.56%
Sales to Listing Ratio 6.9% 9.09% -87.41%
Average Days on Market 12 32 -28.89%
Average Price $657,500.00 $631,300.00 -13.12%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - -100%
New Listings 5 8 14.29%
Sales to Listing Ratio 0% 0% -100%
Average Days on Market - - -100%
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

R16 - City of Steinbach and RM of Hanover

Residential Detached Feb-23 YTD* Y/Y%**
Sales 31 55 -21.43%
New Listings 46 107 16.3%
Sales to Listing Ratio 67.39% 51.4% -32.44%
Average Days on Market 47 40 48.15%
Average Price $345,033.00 $329,256.00 -7.51%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 3 5 -54.55%
New Listings 11 16 -27.27%
Sales to Listing Ratio 27.27% 31.25% -37.5%
Average Days on Market 4 15 -40%
Average Price $262,000.00 $241,580.00 -12.95%
Condominium Feb-23 YTD* Y/Y%**
Sales 6 10 100%
New Listings 8 15 114.29%
Sales to Listing Ratio 75% 66.67% -6.67%
Average Days on Market 31 28 86.67%
Average Price $242,750.00 $230,344.00 0.46%

R26 - Lake Winnipeg West Side Beaches

Residential Detached Feb-23 YTD* Y/Y%**
Sales 11 15 -21.05%
New Listings 16 32 88.24%
Sales to Listing Ratio 68.75% 46.88% -58.06%
Average Days on Market 15 28 -15.15%
Average Price $280,154.00 $286,713.00 -8.98%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales 1 1 -50%
New Listings 2 2 0%
Sales to Listing Ratio 50% 50% -50%
Average Days on Market 61 61 454.55%
Average Price $220,000.00 $220,000.00 121.66%

R27 - Lake Winnipeg East Side Beaches

Residential Detached Feb-23 YTD* Y/Y%**
Sales 4 4 -55.56%
New Listings 4 12 33.33%
Sales to Listing Ratio 100% 33.33% -66.67%
Average Days on Market 43 43 79.17%
Average Price $215,000.00 $215,000.00 -37.44%
Residential Attached Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a
Condominium Feb-23 YTD* Y/Y%**
Sales - - n/a
New Listings - - n/a
Sales to Listing Ratio n/a n/a n/a
Average Days on Market - - n/a
Average Price $0.00 $0.00 n/a

South East

Residential Detached Feb-23 YTD* Y/Y%**
Sales 53 104 -5.45%
New Listings 104 176 11.39%
Sales to Listing Ratio 50.96% 59.09% -15.12%
Average Days on Market 16 22 100%
Average Price $450,702.00 $463,669.00 -9.04%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 5 6 -14.29%
New Listings 13 20 185.71%
Sales to Listing Ratio 38.46% 30% -70%
Average Days on Market 23 23 0%
Average Price $350,000.00 $369,166.00 -6.52%
Condominium Feb-23 YTD* Y/Y%**
Sales 12 25 -24.24%
New Listings 16 43 7.5%
Sales to Listing Ratio 75% 58.14% -29.53%
Average Days on Market 23 30 20%
Average Price $305,316.00 $290,314.00 3.66%

South West

Residential Detached Feb-23 YTD* Y/Y%**
Sales 71 141 -14.02%
New Listings 152 272 20.89%
Sales to Listing Ratio 46.71% 51.84% -28.88%
Average Days on Market 18 27 107.69%
Average Price $498,662.00 $504,797.00 -12.95%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 14 23 21.05%
New Listings 17 39 95%
Sales to Listing Ratio 82.35% 58.97% -37.92%
Average Days on Market 61 45 400%
Average Price $407,306.00 $397,134.00 17.03%
Condominium Feb-23 YTD* Y/Y%**
Sales 54 95 -25.78%
New Listings 94 181 5.23%
Sales to Listing Ratio 57.45% 52.49% -29.47%
Average Days on Market 27 35 9.38%
Average Price $265,148.00 $249,764.00 -11.28%

West

Residential Detached Feb-23 YTD* Y/Y%**
Sales 67 102 -28.17%
New Listings 109 184 11.52%
Sales to Listing Ratio 61.47% 55.43% -35.59%
Average Days on Market 20 23 43.75%
Average Price $282,920.00 $275,375.00 -12.23%
Residential Attached Feb-23 YTD* Y/Y%**
Sales 4 6 -53.85%
New Listings 10 16 -15.79%
Sales to Listing Ratio 40% 37.5% -45.19%
Average Days on Market 4 4 -66.67%
Average Price $340,575.00 $315,716.00 5.67%
Condominium Feb-23 YTD* Y/Y%**
Sales 10 13 -53.57%
New Listings 12 22 -38.89%
Sales to Listing Ratio 83.33% 59.09% -24.03%
Average Days on Market 10 15 -55.88%
Average Price $221,677.00 $207,982.00 16.51%

* Year-to-date, as of the last day of the listed month
** Year-to-date. year over year percent change