Avg. Sale Price
$499,434
Apr 2026
Avg. Days on Market
27
Apr 2026
Active Listings
1,422
Apr 2026
Sales
908
Apr 2026
Trevor's Take
April's average detached price came in at $499,434 — essentially at the $500K mark for the first time in any April on record. What's worth noting is that sales were actually down 13% from last year, so this isn't a hot-demand story. Prices are holding up because the right homes in the right neighbourhoods still don't sit long, even as overall volume softens. Active listings jumped 17% from March, which is the best signal for buyers in a while — more selection, and slightly less pressure to move in the first 48 hours. For sellers, the equity is real, but so is the competition heading into May.
April continued a pattern that has defined 2026 so far — prices climbing while sales volume runs behind last year. Residential detached average prices reached a new April record, even as the number of transactions stayed below 2025 levels. The spring inventory build accelerated noticeably, giving buyers more options heading into May.
Across all MLS® property types, there were 1,351 sales in April 2026, down 11% from the same month last year — but only 1% below the 5-year average.
Active MLS® listings totaled 3,266, down 2% year over year but up 17% from March — a significant month-over-month inventory increase.
Total MLS® dollar volume came in at over $589 million, down 5% from April 2025 but up 8% from the 5-year average.
Winnipeg residential detached recorded 908 sales in April, down 13% from last year but within 3% of the 5-year average.
The average price reached $499,434 — up 8% from April 2025 and 11% above the 5-year average. This is a record for any April on file. The most active price range was $400,000–$499,999 (203 sales, 22% of all detached), followed by $300,000–$399,999 (181 sales, 20%).
With 1,422 active listings, buyers had meaningfully more inventory to work with than in recent months. There were 28 homes sold at or above $1 million in April — up from 22 in April 2025, with the highest-priced at nearly $4 million. Waverley West led detached sales volume, followed by River Heights.
Condominium average prices rose 6% year over year to $291,699, with 192 sales against 464 active listings. Osborne Village led condo sales in Winnipeg, followed by St. Vital and Crestview. The most active price range was $200,000–$299,999 (69 sales, 36% of all condo transactions), with $300,000–$399,999 second (59 sales, 31%).
Residential attached recorded 123 sales at an average price of $389,632, with 290 active listings.
The April price record for detached homes — set while sales volume runs behind last year — reflects how inventory remains constrained in the areas buyers actually want. The gap to the 5-year average is narrow, not alarming. The month-over-month inventory jump is a real shift: buyers entering May have more choices than they did in March. Sellers still hold pricing power in well-located product, but the window where anything moves regardless of price has narrowed.
Through April, total MLS® sales of 3,889 were down 10% from 2025 and down 3% from the 5-year average. Total dollar volume of over $1.6 billion was down 5% from last year but up 5% from the 5-year average.
Residential detached YTD sales of 2,485 were down 11% from last year, while the average price of $473,642 was up 4% versus the same point in 2025 and up 9% from the 5-year average. Condo YTD sales of 592 were down 12%, with an average price of $287,986 — up 6% from last year.