Housing sales in good shape despite dip in November: Winnipeg real estate board

A home for sale in Winnipeg. (Jamie Dowsett/CTV News Winnipeg)

Home sales in Winnipeg and the surrounding area are the third highest on record year-to-date according to new data from the Winnipeg Regional Real Estate Board, though the market dipped in November compared to last year.

The Real Estate Board said total sales in the region—14,431 residential properties sold through November—represent a four per cent increase over last year, though November’s 935 sales dropped 10 per cent from 2024.

Detached home sales accounted for most of the November transactions. The Board said 630 detached homes were sold at an average price of $420,121, with more than two-thirds sold in Winnipeg.

“For November, East Kildonan was the neighbourhood in Winnipeg which saw the most residential detached homes sold, with St. Vital, River Park South, and River Grove tied for second,” a news release Thursday said.

It noted Steinbach and Morden/Winkler saw the most sales outside of the city.

The Board also pointed out 12 detached homes sold at or above $1 million last month, with the highest price at over $2 million.

Condominiums, along with attached homes like duplexes and townhouses, made up the remaining home sales in November. Condos sold at an average clip of $272,718, while the average attached home sold for $356,847.

The Osborne Village and Linden Woods neighbourhood led the way for condo sales in the city, while Oak Bluff and La Salle topped the list outside of the Perimeter.