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By Alec Hutfluss, Hutflusshomes.ca — data pulled from Keystone Matrix (WinnipegREALTORS® MLS® System), Oct 2025 – Sep 2026
Every few weeks I like to pull the numbers straight from the MLS® system and share them here, unfiltered, so you can see where Winnipeg's market actually stands — not just what's trending in the headlines. This update covers 32 MLS® areas across Winnipeg and the immediate surrounding area over the past 12 months (October 2025 through September 2026).
A quick note on methodology before we dive in: the areas below are pulled from Keystone Matrix's Stats tool, grouped by MLS® Area. Because the reporting tool caps out at 30 individual categories, a small number of areas landed in an "Other" bucket for one metric or another when they didn't crack the top 30 for that particular statistic — I've flagged those in the table below so nothing is presented as more precise than it is.
Citywide Snapshot
Total sales volume: 3,876 residential sales across the 32 tracked areas over the past 12 months
Weighted average sale price: approximately $477,100 (volume-weighted across the 28 areas with complete price and sales-count data — roughly 3,529 of the 3,876 sales, or about 91% of volume)
Weighted average price per square foot: approximately $361/sqft (volume-weighted across the 28 areas with complete $/sqft and sales-count data — roughly 3,638 of the 3,876 sales, or about 94% of volume)
Time window: October 2025 – September 2026 (trailing 12 months)
These are dollar-weighted averages — meaning busier neighbourhoods carry more influence on the citywide number than quieter ones, which gives a truer sense of what a "typical" Winnipeg transaction actually looked like this year, rather than just averaging every neighbourhood's number equally.
What This Means for Buyers
If you're house-hunting right now, the spread between neighbourhoods is the story. You're looking at entry points below $330,000 in areas like West Kildonan and East Kildonan/Elmwood, all the way up to average sale prices well north of $700,000 in pockets of River Heights, Linden Woods, and Charleswood. That range means there's real room to shop by budget rather than assuming any one number represents "the Winnipeg market." Sales volume also varies a lot by area — some neighbourhoods saw 200+ sales in the past year, which usually means more inventory and more room to negotiate; others saw considerably fewer, which can mean more competition for what does come up.
What This Means for Sellers
With just over $477K as the volume-weighted average sale price across the areas we track, and price-per-square-foot holding around $361 citywide, well-presented homes in higher-demand pockets are still commanding strong numbers. If you're in one of the higher-volume areas (more sales happening around you), that's generally a good sign for both exposure and pace of sale. If you're in a lower-volume area, pricing and presentation matter even more since there's a smaller pool of recent comparables to lean on. As always, the right list price depends on your specific street and property — these are area-wide averages, not a valuation.
Neighbourhood-by-Neighbourhood Breakdown
Sorted by MLS® area code. "Sold" = number of residential sales in the past 12 months. Where a cell shows "—", that area's value for that specific metric was folded into the tool's "Other" category because it didn't rank in the top 30 for that statistic — it's still part of the citywide totals, just not broken out individually.
Three Quick Highlights
Busiest markets by volume: West Kildonan/Margaret Park (4D) led the pack with 256 sales, followed by East Transcona/Canterbury Park (3M) at 241 and Dakota Crossing/South Glen (2F) at 226. These are the neighbourhoods where activity — and inventory — has been highest over the past year.
Highest price per square foot: River Heights South (1D) topped the list at $434/sqft, with East St. Paul/Birds Hill (3P) close behind at $433/sqft and South Charleswood (1N) at $431/sqft. These are the areas where buyers are paying the most per square foot of living space.
Most affordable entry points: East Kildonan/Elmwood (3B) had the lowest average sale price at $327,282, just ahead of West Kildonan/Margaret Park (4D) at $328,754 and St. James/Deer Lodge (5E) at $340,606 — all solid options for buyers working with a tighter budget.
As always, these are area-wide averages pulled straight from the MLS® system — they're a great starting point for understanding trends, but they're not a substitute for a proper comparative market analysis on your specific property or the specific streets you're watching. If you'd like to talk through what these numbers mean for your buying or selling plans in Winnipeg or the Whiteshell, I'm happy to help — just reach out any time at alec.hutfluss@gmail.com.
Data source: Keystone Matrix (WinnipegREALTORS® MLS® System), Time Frame: Past 12 Months (Oct 2025 – Sep 2026), Group By: Area, 32 MLS® areas covering Winnipeg and the Whiteshell region.
