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📊 Winnipeg Real Estate Market Update – August 2026

📊 Winnipeg Real Estate Market Update – August 2026

IF YOU LOVE STATS, THIS IS THE ARTICLE FOR YOU!

Posted September 3, 2026 | By Dino Stepic

💡 TL;DR What Does This Mean?

August’s numbers tell two somewhat conflicting stories at once.

Buyers have more selection than they did last year, and fewer overall sales may create additional breathing room during the search and negotiation process. However, prices have still remained stable, or even increased particularly when viewed year-to-date.

For sellers, this means preparation and accurate pricing matter more as buyers have more options. For buyers, more inventory may create opportunities, but the $300,000–$499,999 detached-home ranges remain the busiest part of the market.

Buyers are more selective. Pickier - this means there are opportunities for buyers with â€˜imperfect’ homes that are having a hard time selling. Instead of competing for the A+ home, consider taking the home with a dated kitchen or bathroom at a discount, and then using the money that you save to customize it to your liking.

Sellers… either price appropriately, or plan ahead. Little, inexpensive fixes can go a long way to increase your home’s appeal - with so many available on the market, you really have to earn that first offer, or second showing - neither is guaranteed in today’s market.

More listings, fewer sales… but year-to-date prices still reached record highs.

August gave Winnipeg buyers more homes to choose from, while sales slowed compared to last year. Despite that , year-to-date average prices for both residential detached homes and condominiums reached their highest levels on record.

Here’s a closer look at what happened across the Winnipeg real estate market in August 2026.


📈 Overall MLS® Market

  • 1,326 MLSÂŽ sales—down 5% from August 2025 and the five-year average

  • 4,102 active listings—up 13% from last year and 4% above the five-year average

  • $521.7 million in dollar volume—down 7% year-over-year and in line with the five-year average

The biggest change was inventory - the amount of available homes. Buyers had considerably more properties available than they did last August, while overall sales activity slowed.


🏡 Residential Detached Homes

  • 915 sales—down 6% from last year

  • 2,010 active listings—up 19%

  • $439,216 average price—down 3% year-over-year but 5% above the five-year average

Within Winnipeg, the average detached-home price was $453,247, down just 1% from last August and still 5% above the five-year average.

Waverley West recorded the most detached-home sales within Winnipeg, followed by St. Vital.

The busiest price ranges were:

  • $300,000–$399,999: 228 sales, representing 25% of all detached sales

  • $400,000–$499,999: 198 sales, representing 22% of all detached sales

There were also 16 detached homes sold for $1 million or more, with the highest sale exceeding $2.3 million.


🏢 Condominiums

  • 164 sales—down 19% from August 2025

  • 487 active listings—up 10%

  • $283,715 average price—up 2% year-over-year and 3% above the five-year average

Within Winnipeg, the average condominium price reached $279,672, up 3% from both last year and the five-year average.

Downtown recorded the most condominium sales in Winnipeg, followed by Osborne Village.

The $200,000–$299,999 range was the most active, accounting for 35% of condominium sales. Another 26% sold between $100,000 and $199,999.


🔑 Residential Attached Homes

  • 107 sales—up 10% from last year

  • 305 active listings—up 27%

  • $389,744 average price—up 2% year-over-year and 8% above the five-year average

Residential attached homes were the one major property category to record an increase in sales. Within Winnipeg, sales rose 18% and the average price reached $401,318.


📅 Year-to-Date Snapshot

  • Residential detached average price: $468,679—up 3% from 2025 and the highest on record

  • Condominium average price: $288,834—up 3% and also the highest on record

  • Total MLSÂŽ sales: 10,086—down 6%

  • Total MLSÂŽ listings: 16,502—down 1%

  • Total dollar volume: More than $4.1 billion—down 3% from 2025 but 5% above the five-year average


📍 Around the Region

AreaYTD Average PricePrice ChangeYTD SalesSales Change
Winnipeg$481,958+3%4,479-6%
Outside Winnipeg$443,908+2%2,401-8%
Lake Country$325,224+4%419-5%
Steinbach – R16$430,160+5%352-5%
Morden/Winkler – R35$377,529+4%267+6%
Gimli – R26$327,778+4%150-10%
Morris – R17$308,438+15%144+5%
Niverville/Ritchot – R07$543,110+4%130-18%


Thinking About Buying or Selling?

If you’re considering a move, or you’re curious what these numbers mean for your specific home or neighbourhood, reach out anytime.

And if you know someone who could use straightforward advice about Winnipeg real estate, send them my way! 📲

Statistics sourced from the Winnipeg Regional Real Estate Board’s August 2026 Monthly Real Estate Market Analysis.

Dino Stepic Personal Real Estate Corporation
RE/MAX One Group
📱 Text / Call: 204.808.7646
🌐 www.thedinonetwork.ca
✉️ dino@thedinonetwork.ca

*

Brook Landry | REALTORÂŽ
RE/MAX One Group
📱 Text / Call: 204.817.7394
🌐 www.thedinonetwork.ca/brook.html
✉️
brook@thedinonetwork.ca

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.