Winnipeg Housing Market Report

November 2023 Report (October 2023 Data)

Summary Report

  • The average sale in the Winnipeg housing market in October 2023 was $351,207. It has went up less than a percentage from the previous month.
  • The average detached house sale in the Winnipeg housing market in October 2023 was $397,275. It went down .05% from the previous month.
  • The average condo sale in the Winnipeg housing market in October 2023 was $259,127. It went down 5% from the previous month.
  • The average attached house sale in the Winnipeg housing market in October 2023 was $314,087. It went down 8% from the previous month.

All MLS Sales October

Average Price
$351,207
0% change from previous month
Units Sold
1173
Up 4% from last month
housing market

Detached Houses

Average Price
$397,275
Down .05% from last month
Units Sold
776
downDown 5% from last month
condo market

Condominiums

Average Price
$259,127
Down 5% from last month
Units Sold
173
Up 2% from last month
attached market

Attached Houses

Average Price
$314,087
Down 8% from last month
Units Sold
72
Up 8% from last month

Is Winnipeg In A Buyer’s Or Seller’s Market?

buyers or sellers market

Winnipeg Housing Types

Attached home: This is typically a single-family home, but it doesn’t stand alone in a residential area. It shares at least one area with another unit. This can be a wall, ceiling, or floor. Each home has its own entrance and titled as an individual housing unit.

Detached home: This is a typical single-family home. It stands by itself in a residential area. It is titled as an individual housing unit. There aren’t any shared elements of this type of home with another structure around it.

Condo: A condo is short for condominium. The units have shared areas including meeting rooms, parking lots, and hallways to the units. The building can be many different formats including low, mid, or high-rise design. It depends on the number of units. Each unit is privately owned within the condo building. All residents use the same entrances and exits, but they have unique access into their unit.

Townhouse: The middle ground between a detached or semi-detached home and a condo is a townhouse. They are single-family structures but they are attached to other units. Each of them has their own entrance. Similar to a condo, they pay various fees for maintenance. They may have some common areas they share with others in the neighbourhood.