By Jeremy Davis
The residential detached average price of $499,434 in April 2026 rose 8% above the previous April record set in 2025 and was up 11% from the 5-year average. Residential detached MLS® sales of 908 decreased 13% from last year but were 3% below the 5-year average. Condominium average prices rose 6% to $291,699 and MLS® sales decreased 7% from April 2025 but were 5% below the 5-year average.
All MLS® sales of 1,351 in March 2026 were down 11% but were 1% below the 5-year average. Active All MLS® listings of 3,266 were down 2% from last year but up 1% from the 5-year average. Total MLS® dollar volume of over $589 million was down 5% from April 2025 and up 8% from the 5-year average.
“Residential detached and condominium average prices continue to rise while MLS® sales remained lower than last year but in line with the 5-year averages,” said Dan O’Brien, 2026-2027 President of the Winnipeg Regional Real Estate Board. “The MLS® sales result of 2025 was the third best on record and while this year isn’t on pace yet, the performance relative to the 5-year averages puts things into perspective. Active listings rose 17% from March to April which is a positive sign moving forward. Notably, April represents the first month on record when the residential detached average price for Winnipeg was above $500,000 while the average price across the market region was just short of that mark.”
Year-to-date All MLS® sales of 3,889 were down 10% from 2025 and down 3% from the 5-year average, total MLS® listings of 6,850 were down 7% from last year and down 1% from the 5-year average. Total dollar volume of over $1.6B was down 5% from 2025 but up 5% from the 5-year average. Year-to-date residential detached MLS® sales of 2,485 were down 11% from last year and down 6% from the 5-year average. The average price of $473,642 was up 4% when compared to last April and up 9% from the 5-year average. Condominium MLS® sales of 592 were down 12% and the average price of $287,986 was up 6% from last year and up 7% from the 5-year average of $269,271.
Residential detached homes in April saw MLS® sales of 908 which is 13% below the 1,038 seen in April 2025 and 3% below the 5-year average of 940. Residential detached homes saw active MLS® listings of 1,422 which is down 5% from the 1,504 seen last April and 4% below the 5-year average of 1,486. The average price of $499,434 for a residential detached home was up 8% from April 2025’s $462,746 and increased 11% from the 5-year average of $451,017.
For April, Waverley West was the neighbourhood in Winnipeg which saw the most residential detached homes sold followed by River Heights.
The most active price range in April was the $400,000-$499,999 range which saw 203 MLS® sales, representing 22% of all residential detached MLS® sales. The $300,000-$399,999 price range was the second most active with 181 MLS® sales representing 20% of all residential detached MLS® sales in April.
There were 28 residential detached homes sold at or above $1 million in April, with the highest priced at almost $4 million. April 2025 had 22 residential detached homes sold at or above $1 million with the highest priced at just over $2.2 million.
MLS® sales of 192 for condominiums in April were 7% below the 206 seen in April 2025 and 5% below the 5-year average of 201. Active MLS® listings of 464 for condominiums were 14% above the 408 seen last April and 7% above the 5-year average of 432. The average price of $291,699 for a condominium in April was 6% above last April’s $274,483 and 6% above the 5-year average of $274,790.
For April, the Osborne Village area was the neighbourhood in Winnipeg with the most condominium MLS® sales followed by St. Vital and Crestview. Outside Winnipeg, the Niverville/Ritchot area had the most MLS® sales in April followed by the Lorette and Morden/Winkler areas.
The most active price range for condominiums was the $200,000-$299,999 range with 69 MLS® sales which represents 36% of all condominium MLS® sales in April. The $300,000-$399,999 range was the second most active with 59 MLS® sales in April, representing 31% of all condominium MLS® sales.
“Heading into the spring market, REALTORS® are uniquely positioned to support clients by combining local expertise with the power of the MLS® marketing system,” said Crystal Hollas, CEO of the Winnipeg Regional Real Estate Board. “Managed by the Winnipeg Regional Real Estate Board, this advanced, cooperative platform delivers valuable data insights — complemented by REALTORS® who provide trusted advice, market intelligence, and a steady hand throughout the buying or selling process.”
Jeremy Davis is the Winnipeg Regional Real Estate Board’s Director of External Relations & Market Intelligence.