WINNIPEG REGIONAL REAL ESTATE BOARD PRESS RELEASE, MARCH 7, 2025

Winnipeg, March 7, 2025 – February saw All MLS® sales of 885 up 11% over February 2024, and 2% below the 5-year average. Active MLS® listings of 2,787 were down 15% from last February and total MLS® dollar volume of over $348 million up 27% from February 2024. Residential detached MLS® sales of 550 were up 11% while the average price of $458,064 was up 14% when compared to February 2024. Condominium MLS® sales of 156 were up 19% and the average price of $274,036 up 2% over last February. ​

"February 2025 is now the single month with the highest residential detached average price ever recorded, surpassing the previous record of May 2022 by just over $3,000," said Daphne Shepherd, 2024-2025 President of the Winnipeg Regional Real Estate Board. “February represents the seventh consecutive month in which the All MLS® sales total was that month's third best result on record and the eighth consecutive month with All MLS®...