Average prices continue the 2025 trend of monthly and year-to-date records
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.”
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
BOARD & ASSOCIATION INFORMATION
Since 1903, Winnipeg Regional Real Estate Board has assisted its members in achieving high levels of excellence in organized real estate by providing superior tools and services that enhance and build a vibrant real estate industry. Representing just over 2,000 REALTORS® and other industry related professions active in the Winnipeg metropolitan area, Winnipeg Regional Real Estate Board promotes the value of a REALTOR® and organized real estate. Winnipeg Regional Real Estate Board provides its members with essential market information, professional development sessions, networking opportunities, marketing products, an effective industry voice and strong leadership to further their professional success. Winnipeg Regional Real Estate Board adhere to a strict code of ethics and share a state-of-the-art Multiple Listing Service® (MLS®) designed exclusively for REALTORS®. REALTOR®, MLS® and Multiple Listing Service® are trademarks owned and controlled by The Canadian Real Estate Association and are used under license.
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Michael Froese
