Winnipeg Market Release

WinnipegREALTORS® releases a monthly market release. That features highlights of the Multiple Listing Service® (MLS®) sales and dollar volume activity. With direct comparison on how the month performed relative to the same month the year before.

There is also year-to-date market statistical information provided as one month is not always an accurate snapshot of the year.
Year-to-date results are a truer indicator of any trends which are emerging within Winnipeg and the surrounding rural municipalities.

More Home Sales than Number of Listings Remaining at the End of April 2021

MLS Sales Activity April 2021

The 2,055 sales in April edged out last month's sales of 1,975 and are up 53% over the 5-year average for this month.

The 2,615 listings remaining at month end are down 41% from the same time last year despite a dramatic fall-off in new listings entered in April 2020 due to the pandemic economic shutdown.
The good news is that year-to-date cumulative listings of 8,066 represent a 10% increase over 2020 and are less than 1% behind those entered in 2019.

In April, 78% of active MLS® listing supply turned over — and for single-family homes, it was an astounding 131% — leaving less than a month's listing supply going into May.

There were a number of MLS® areas throughout the entire Winnipeg Regional Real Estate Board's market region where there are as many single-family home sales or more than the number of listings remaining at the end of April.'

Two MLS® areas in the first four months have had more sales than new listings entered this year.
Transcona MLS® area has 82 sales versus 81 listings while the RM of Ste. Anne has 47 sales — 6 more than what has been listed in 2021.

Rapid sales are depleting listings quicker than they can be replaced. The average continuous days on market for single-family home sales in April was three weeks and for sales from $350,000 to $399,999 it was just 2 weeks."

Higher priced house sales were also evident in the price range sales activity chart with the $500,000 to $749,999 capturing the most sales activity at 17%. A close second was from $300,000 to $349,999 at 16%.

The brisk condominium sales in April saw the most sales activity at nearly 30% of total sales from $150,000 to $199,999 with the next busiest price range of $200,000 to $249,999 well behind at 18%.

Below are the average sale prices in neighbouhoods in Winnipeg and the surrounding regions from January 1, 2021, to April 30, 2021.

MLS Sales Activity Year to date 2021