The Winnipeg real estate market continued to show strength in the April 2026 Real Estate Market Report, with home prices reaching new highs while sales activity stayed close to long-term averages.

Although sales were slightly lower compared to last year’s exceptionally strong spring market, demand remains steady and inventory is beginning to improve heading into the busy season.

Home Prices Continue to Rise in the April 2026

The average price for a residential detached home reached $499,434, up 8% from April 2025 and 11% above the five-year average.

Inside Winnipeg, the average detached home price climbed even higher to $519,082, marking another strong month for property values.

Condominium prices also increased:

• Average condo price: $291,699
• Up 6% year-over-year

These numbers continue to show that Winnipeg remains a resilient and competitive market despite higher borrowing costs and economic uncertainty.

April 2026 Sales Slower Than Last Year — But Still Healthy

Residential detached home sales totaled 908 units in April, down 13% from last year, but only 3% below the five-year average.

Overall MLS® sales across all property types came in at 1,351 sales, which is:

• Down 11% from April 2025
• Only 1% below the five-year average

This suggests the market is normalizing after several unusually active years rather than slowing dramatically.

April 2026: More Listings Are Hitting the Market

One encouraging sign for buyers is that inventory is beginning to improve.

Active MLS® listings rose significantly from March into April, with:

• 3,266 active listings overall
• Up from the previous month
• Slightly above the five-year average

More listings give buyers additional options and may help create a more balanced market moving forward.

Most Active Price Ranges in the April 2026 Real Estate Market Report

The busiest detached home price range in April was:

• $400,000–$499,999
• Representing 22% of all detached home sales

The second busiest range was:

• $300,000–$399,999
• Representing 20% of sales

For condominiums, the most active range was:

• $200,000–$299,999
• Accounting for 36% of condo sales
• Winnipeg Neighbourhood Highlights

In Winnipeg, the areas with the highest number of detached home sales were:

• Waverley West
• River Heights

For condominiums, the most active areas were:

• Osborne Village
• St. Vital
• Crestview

April Luxury Market Remains Strong

April also saw continued activity in the luxury market:

• 28 homes sold for over $1 million
• Highest sale was nearly $4 million

That’s an increase from April 2025, when 22 homes sold above the $1 million mark.

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Curious about buying or selling Real Estate in Winnipeg? Find some helpful information in the posts below:

• Top Neighbourhoods in Winnipeg: Where to Live, Buy, and Invest with Goodfellow Realty
• Downsizing for Seniors: A Complete Guide to Simplifying Your Next Chapter.
• How Much Down Payment Do You Need in Manitoba?

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Final Thoughts on the April 2026 Real Estate Market Report

Overall, Winnipeg’s housing market remains strong and stable heading into the heart of the spring season. Prices continue to rise, sales remain historically healthy, and inventory improvements could create more opportunities for buyers in the coming months.

Whether you’re thinking about buying, selling, or simply keeping an eye on the market, understanding these trends can help you make informed real estate decisions.

Reach out to the Goodfellow Realty team today if you’re considering a move in 2026. Whether you’re buying, selling, or exploring your options, contact us at info@goodfellowrealty.com or call 204-224-2551. We’re happy to help you make sense of today’s market.

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Useful Link:
The Winnipeg Regional Real Estate Board produces a monthly report about the housing market of Winnipeg and its Metropolitan Region, including statistical analysis and year-over-year comparisons. More information: https://www.winnipegregionalrealestateboard.ca/market-statistics/archived-market-releases/article/archive/2026