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Average prices continue the 2025 trend of monthly and year-to-date records
Winnipeg, November 6, 2025 – October 2025 saw All MLS® sales of 1,344 up 1% from October 2024 and up 6% from the 5-year average. Active MLS® listings of 3,519 were down 3% and total MLS® dollar volume of over $540 million up 7% from October 2024. Residential detached MLS® sales of 914 were down 1% while the average price of $442,104 was up 4% when compared to October 2024. Condominium MLS® sales of 171 were down 19% and the average price of $297,428 was up 12% from October 2024.
“Residential detached homes have set new monthly and year-to-date average price records in every month while condominiums have followed in most months of 2025,” said Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board. “October average prices for residential detached homes and condominiums increased month over month for the fifth time in 2025. Year-to-date All MLS® sales are tracking as the third highest on record while dollar volume is the second highest through to the end of October.”
From a year-to-date perspective, All MLS® sales of 13,502 were up 5%, total MLS® listings of 20,679 statistically even while total dollar volume of over $5.4B up 12% from 2024. Year-to-date residential detached MLS® sales of 9,213 were up 4% and the average price of $453,260 was up 7% when compared to last October. Condominium MLS® sales of 1,941 were up 1% and the average price of $284,215 was up 3% above October 2024.
“The trend of average price increases in 2025 underscores how valuable it is to have a REALTOR® working for you if you’re searching for your next home,” said Crystal Hollas, CEO of the Winnipeg Regional Real Estate Board. “A REALTOR® will help you identify your top priorities while highlighting properties in different price ranges and neighbourhoods that might be a fit within your price range. With access to the latest market trends, data analytics, and MLS® statistics, a REALTOR® will give you an edge in a fast-moving market while keeping your priorities top of mind.”
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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