
The real estate market is ever-changing; it's highly important to keep up-to-date with key statistics regarding realty. Throughout the pandemic, Winnipeg saw a lot of variation in transaction levels and prices have steadily been on the rise. That's not to say we won't see sales level out and prices decrease again, but you'll want to keep checking the statistics if you're looking to buy, especially for investment opportunities.
Our team of realtors will do our best to keep the real estate market statistics updated and relevant as they change, but currently, they're based on YTD as of May 2022. Please scroll to the bottom of the page if you're looking for the MLS Map with correlating neighbourhoods.
2022 Average House Prices by Zone
The average Winnipeg property prices are based on YTD (year-to-date) sales as of May 2022
South West Region of Winnipeg |
South East Region of Winnipeg |
Residential Detached: $579,381.00 |
Residential Detached: $494,563.00 |
Residential Attached: $397,895.00 |
Residential Attached: $404,677.00 |
Condos: $274,635.00 |
Condos: $285,930.00 |
North Region of Winnipeg |
North East Region of Winnipeg |
Residential Detached: $354,119.00 |
Residential Detached: $401,653.00 |
Residential Attached: $336,756.00 |
Residential Attached: $365,241.00 |
Condos: $245,237.00 |
Condos: $257,718.00 |
West Region of Winnipeg |
|
Residential Detached: $339,196.00 |
|
Residential Attached: $316,576.00 |
|
Condos: $194,011.00 |
2022 Real Estate Market Statistics
So far, Winnipeg has had a strong real estate market for 2022 and it's projected to have modest growth throughout the year. If you're looking to buy a home this year, keep these statistics in mind:
* The average price of residential property in 2022 has exceeded $400,000. Which is a first for the city of Winnipeg.
* Detached home prices increased by 14% year-over-year to $440k (14% increase year-over-year)
* Attached home prices increased by 11% year-over-year to $349k (11% increase year-over-year)
* Condo prices increased by 5% year-over-year to $261k (5% increase year-over-year)
* Across Canada, Winnipeg is seen as a more affordable housing market and that could attribute to our rapid population growth.
* Currently, the Bank of Canada's key policy rate is set at 1.50%, as of June 2022. We may see it increase to as much as 2.0% before the end of the year.
FAQs about MLS Listings
What does MLS stand for and what is the purpose?
MLS: Multiple Listing Service. MLS is a database full of properties for sale. Real estate agents can advertise homes, condos, vacant land, etc., that are for sale. Realtors also browse these listings to make recommendations for buyers.
Can anyone post an MLS listing?
No, you must be a licensed realtor to publish MLS listings.
Where can I find recent MLS Listings for Winnipeg?
You have a few options. You can browse Ed Dale's team listings. If you haven't found your dream house there, check out our Brokerage's MLS listings. Ideally, it's best to reach out to a real estate agent directly and they can recommend specific MLS listings based on your requirements. Although, there are many websites that advertise houses for sale that pull from MLS listings.
Are websites like Zillow.com and Realtor.com MLS?
Nope! They're popular websites that showcase and advertise homes for sale and display MLS listings.
Are there benefits to buying houses that are MLS listed?
Not really. MLS is a database that realtors can utilize, the platform doesn't offer any special offers or benefits to the public directly. Although, only licensed realtors can publish listings. Therefore, the information is deemed to be more accurate and official.
North |
North West |
North East |
South West |
South East |
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North End |
4A |
Central |
9A |
East Kildonan |
3A |
1C |
St Boniface |
2A |
|
Point Douglas |
4A |
Chinatown |
9A |
Elmwood |
3A |
River Heights |
1D |
Norwood |
2B |
North End |
4B |
Downtown |
9A |
East Kildonan |
3B |
River Heights South |
1D |
Norwood Flats |
2B |
Shaughnessy Heights |
4B |
East Exchange |
9A |
Elmwood |
3B |
Tuxedo |
1E |
Bright Oaks |
2C |
North End |
4C |
Exchange |
9A |
Bronx Park |
3C |
Assiniboine Woods |
1F |
Elm Park |
2C |
Margaret Park |
4D |
The Forks |
9A |
East Kildonan |
3C |
Charleswood |
1F |
Norberry |
2C |
West Kildonan |
4D |
West Exchange |
9A |
Elmwood Park |
3C |
River West Park |
1F |
Normand Park |
2C |
Scotia Heights |
4D |
Waterfront |
9A |
Fraser’s Grove |
3C |
Charleswood |
1G |
Pulberry |
2C |
Riverbend |
4E |
Point Douglas |
9A |
Glenelm |
3C |
Charleswood |
1H |
River Pointe |
2C |
Riverdale |
4E |
West End |
5A |
Valhalla |
3C |
Westdale |
1H |
2C |
|
River Grove |
4E |
Wolseley |
5B |
East Kildonan |
3D |
East Fort Garry |
1J |
2C |
|
Amber Trails |
4F |
Polo Park |
5C |
East Kildonan |
3E |
Fort Garry |
1J |
St Vital |
2D |
Garden City |
4F |
Sargeant Park |
5C |
Valley Gardens |
3E |
West Fort Garry |
1JW |
Meadowood |
2E |
Old Kildonan |
4F |
West End |
5C |
North Kildonan |
3F |
Wildwood |
1J |
2E |
|
Parkway Village |
4F |
Brooklands |
5D |
River East |
3F |
Fort Richmond |
1K |
St Vital |
2E |
Garden City |
4G |
Weston |
5D |
Algonquin Park |
3G |
University Heights |
1K |
Dakota Crossing |
2F |
Foxwarren Estates |
4H |
Bruce Park |
5E |
River East |
3G |
Waverley Heights |
1L |
2F |
|
Maples |
4H |
Deer lodge |
5E |
North Kildonan |
3G |
Linden Ridge |
1M |
South Glen |
2F |
Maple Glen |
4H |
St James |
5E |
Algonquin Estates |
3H |
1M |
Niakwa Park |
2G |
|
Mandalay North |
4H |
Bourkevale |
5E |
All Season Estates |
3H |
Charleswood |
1N |
Windsor Park |
2G |
Mandalay West |
4H |
Silver Heights |
5F |
Eaglemere |
3H |
South Charleswood |
1N |
Niakwa Place |
2H |
North Meadows |
4H |
St James |
5F |
Oakwood Estates |
3H |
Fort Whyte |
1P |
Southdale |
2H |
Seven Oaks Crossings |
4H |
Woodhaven |
5F |
Sun Valley |
3H |
1P |
2J |
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Tyndall Park |
4J |
Grace Hospital |
5F |
Harbour View South |
3J |
Grandmont Park |
1Q |
2J |
|
Garden Grove |
4K |
Westwood |
5G |
Kildonan Meadows |
3K |
Richmond Lakes |
1Q |
2J |
|
Mandalay North |
4K |
St Charles |
5G |
Lakeside Meadows |
3K |
St Norbert |
1Q |
Southland Park |
2J |
Mandalay West |
4K |
Crestview |
5H |
Mission Gardens |
3K |
Fairfield Park |
1R |
R.M. of Springfield |
2J |
Inkster Gardens |
4L |
Heritage Park |
5H |
Transcona |
3K |
Waverley West |
1R |
Ramblewood |
2M |
Meadows West |
4L |
Optimist Park |
5J |
Transcona |
3L |
1R |
South St Vital |
2M |
|
Meadowview |
4L |
Centreport |
5J |
Canterbury Park |
3M |
South Pointe |
1R |
St Vital |
2M |
North Meadows |
4L |
Headingley North |
5W |
Transcona |
3M |
Richmond West |
1S |
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Tyndall Narrows |
4L |
Monterey Park |
5W |
South Transcona |
3M |
Assiniboine Landing |
1W |
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The Oaks |
5W |
Transcona |
3N |
Breezy Bend |
1W |
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Birds Hill |
3P |
Headingley South |
1W |
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East St Paul |
3P |
Marston Meadows |
1W |
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Glengarry Park |
3P |
Deer Pointe |
1W |
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North Hill Park |
3P |
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Pritchard Farm |
3P |
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Pine Ridge |
3P |
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River East Estates |
3P |
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Silver Fox Estates |
3P |