June Winnipeg Real Estate market update from Kevin Moist! – Take the keys, embrace your new home in Winnipeg!

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June Winnipeg Real Estate market update from Kevin Moist

June Winnipeg Real Estate market update from Kevin Moist! – Take the keys, embrace your new home in Winnipeg!

This past June, the Winnipeg real estate market saw sales pace close to those from 2019 and 2020. In addition, a number of new listings were added to the market compared to last month (May 2023).

There were 4,164 MLS® active listings across the region this June. This number is 20% higher than last June (2022) and 1% lower than the 5-year average. In addition, the total sales for the region were recorded at 1,614. Sales for June 2023 are 10% lower than June 2022, and 8% lower than the 5-year average. 

“June MLS® sales grew to 8% below the 5-year average while beating out 2019, the last year before the pandemic began, by 6%,” said Rena Prefontaine, 2023-2024 President of the Winnipeg Regional Real Estate Board. “Total MLS® sales for the first half of 2023 were below the record years of 2021 and 2022 but were only 5% and 4% below the first halves of 2019 and 2020, respectively. Meanwhile, condominium sales for June were the highest on record, beating out the previous record set in June of 2021 by 8%.”

The average price of a residential-detached home in June was $418,158. This figure is 2% lower than last June, but 9% above the 5-year average of $383,149. 

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June Winnipeg Real Estate market update from Kevin Moist! – Real estate sales in Winnipeg
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