Print Version
Rising average prices in June bookend a theme for the first half of 2025
Winnipeg, July 8, 2025 – The real estate market performance in June saw All MLS®* sales of 1,671 up 6% over June 2024 and 3% below the 5-year average. Active MLS® listings of 3,716 were down 10% and total MLS® dollar volume of over $707 million up 14% from June 2024. Residential detached MLS® sales of 1,211 were up 8% while the average price of $473,131 was up 8% when compared to June 2024. Condominium MLS® sales of 227 were up 10% and the average price of $291,647 up 7% over last June.
“No other June in our history has recorded higher residential detached and condominium average prices than June 2025,” said Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board. “Average prices for residential detached homes and condominiums in the first half of 2025 were above last year and the 5-year average. There were 48% more residential detached homes sold at or above $1 million in June 2025 than in June 2024. For the fourth consecutive month in 2025, most residential detached homes were sold above list price.”
From a year-to-date perspective, All MLS® sales of 7,760 were up 7%, total MLS® listings of 12,301 were down 1% while total dollar volume of over $3.1B was up 14% over 2024. Year-to-date residential detached MLS® sales of 5,274 were up 6% and the average price of $460,790 was up 9% when compared to last June. Condominium MLS® sales of 1,129 and the average price of $280,707 were both 1% above June 2024.
“While spring is typically the Winnipeg Regional Real Estate Board’s busiest market season, summer remains an active and important time for buyers and sellers,” said Marina R. James, CEO of the Winnipeg Regional Real Estate Board. “Whether you're exploring options in cottage country, relocating, or making your first home purchase, REALTORS® bring a wide range of expertise—from negotiation, market evaluations, appraisal, and renovations to all aspects of the housing resale including specialized knowledge on new homes, condominiums, luxury homes and commercial investment. Finding the right REALTOR® with the experience that matches your goals can make all the difference as you navigate your next move.”
-30-
*The All MLS® statistical category is an aggregate of all property types.
ABOUT THE WINNIPEG REGIONAL REAL ESTATE BOARD
Serving Members since 1903, the Winnipeg Regional Real Estate Board is one of Canada’s longest running real estate board, serving over 2,500 licensed residential and commercial real estate Brokers and Salespersons, along with other industry-related professions. REALTOR® Members of the Winnipeg Regional Real Estate Board utilize the Multiple Listing Service (MLS®) to put the housing market in perspective for those looking to buy or sell a home. REALTORS® can explain market insights, price trends, provide comparable property analysis and housing trends. To find a REALTOR® or to view a map of MLS® listings, visit www.winnipegregionalrealestatenews.com.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Statistics provided in this market release are the sole property of the Winnipeg Regional Real Estate Board.
Media Inquiries:
Jeremy Davis
Director External Relations & Market Intelligence
Winnipeg Regional Real Estate Board
media@wrreb.ca
Office: 204-786-8857