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The Winnipeg real estate market continued to show strength in May 2025, with home prices in Winnipeg reaching historic highs for both residential detached homes and condominiums. Whether you're thinking of selling a home in Winnipeg or keeping an eye on homes for sale in Winnipeg, staying informed on the latest trends is essential in this competitive landscape.

📈 Winnipeg Housing Market Overview – May 2025

The numbers are in, and they reflect a market driven by high demand and limited inventory:

• Total MLS® Sales: 1,789 (+4% vs. May 2024)

• Active Listings: 3,650 (–11% YoY)

• Total Dollar Volume: Over $737 million (+12%)

This was the highest total dollar volume for any May on record, a clear sign that the Winnipeg housing market remains hot.

🏠 Residential Detached Homes – Breaking Records

Detached properties led the way with:

• Sales: 1,259 (+6%)

• Average Price: $459,320 – an all-time high

Most activity occurred in the $400K–$499K range, which made up 25% of all detached home sales. Notably, 23 homes sold for over $1 million, with the highest surpassing $3M.

🏘️ Top Neighbourhoods for Detached Sales:

• Waverley West (Winnipeg)

• East Transcona (Winnipeg)

• Steinbach (Rural)

• Morden/Winkler (Rural)

🏢 Winnipeg Condo Market – Price Peaks Amid Fewer Sales

While condo sales in Winnipeg dipped 16% from last year, average prices hit a record high of $297,864 – a 7% increase. The $200K–$299K price point dominated the condo segment, with one luxury unit selling for over $1.5 million.

🏙️ Hottest Areas for Condo Sales:

• Osborne Village

• Fort Richmond

• Niverville/Ritchot (Rural)

• La Salle (Rural)

📊 Year-to-Date Summary – 2025 So Far

Compared to the first five months of 2024:

• All MLS® Sales: 6,094 (+7%)

• Detached Avg. Price: $456,972 (+9%)

• Condo Avg. Price: $277,954 (even YoY)

The year-to-date data shows that property values in Winnipeg are continuing to rise, especially in the residential detached home market.

Source: Winnipeg Regional Real Estate Board.

🔑 What This Means for Buyers & Sellers

Thinking of buying a home in Winnipeg? Act fast—competition is fierce, especially in mid-range price brackets. Pre-approvals and strong offers are key in today’s market.

Selling a home in Winnipeg? This may be the best time to list. Record-setting Winnipeg home prices and low inventory create the perfect environment to maximize your sale price.

Possession day is one of the most exciting moments in the home buying journey — especially for a first-time home buyer. But once you’ve stepped through the door of your new home, there are a few key steps you’ll want to take to make sure everything is in order and safe.

Whether you're buying in Winnipeg or elsewhere, this new homeowner checklist will help you get started with confidence and peace of mind.

✅ Your New Home Walk-Through: 8 Must-Do Steps

1.  Take Photos of Your Meter Readings

Before using any utilities, take clear photos of your hydro and water meters. These readings will help prevent billing disputes and ensure you only pay for what you use from possession day onward.

2.  Test All Fixtures and Systems

Go room by room and check that:

• All light switches and outlets work

• Taps are running properly

• Toilets flush and sinks drain without issue

• Water pressure is normal

It’s always better to identify and address any issues early!

3. Test All Major Appliances

Ensure that your:

• Fridge, stove, oven

• Dishwasher, washer & dryer

• Furnace and A/C

… are functioning as expected. If anything was included in your purchase agreement, now’s the time to test it.

4.  Confirm All Inclusions

Check that everything promised in the purchase contract — such as curtain rods, built-in shelving, or garage remotes — was left behind by the previous owner.

🧯 Safety Checks Many New Homeowners Forget

New homeowners often overlook some critical home safety tips that could make all the difference:

• 🔥 Test smoke and carbon monoxide detectors to ensure they’re working

• 🚿 Locate your main water shut-off valve in case of emergency

• ⚡ Find and label your electrical panel breakers

• 🧰 Check for leaks under sinks or in utility areas

• 🔐 Inspect door and window locks for proper function and security

Check Your Furnace Filter

A dirty furnace filter can reduce air quality and system efficiency. Replace it if it’s clogged or dusty — it’s a small fix that makes a big difference.

Do a Final Walk-Through

Look for any signs of damage that weren’t noticed before: cracked tiles, damaged baseboards, drafty windows, or sticking doors. It’s your chance to make sure everything is exactly as expected.

🎉 Celebrate!

You did it — you’re a homeowner! Take a deep breath, snap a photo, and enjoy your new space. This is the beginning of a brand-new chapter. 🥂🏡

🤝 Need Help on Possession Day? I’ve Got You Covered

As your Realtor in Winnipeg, I always do my best to be there on possession day to help walk through your new home with you. It’s just one more way I support you every step of the way.

📲 Thinking of Buying Your First Home?

Whether you're just starting to look or ready to make an offer, I’m here to guide you with expert advice, a touch of humour, and a whole lot of experience.

👉 Contact me today to start your home buying journey!

Tatiana Kennedy | 204.960.7629 

Thinking of buying and selling a home in Winnipeg in 2025? You’re not alone. With our ever-evolving Winnipeg real estate market, many homeowners are planning big moves—whether that’s upsizing, downsizing, or finding the perfect forever home in a different neighbourhood.

But let’s be real: doing both at once can feel like a lot. The good news? It can be smooth, stress-free, and even fun—with the right plan and the right Realtor (hi, that’s me 👋).

Here’s how I help my clients navigate this journey with confidence:

💬 1. Start with Your Financing Strategy

Before we prep your current home for sale or book showings, we need to know your numbers.

• Can you buy before you sell?

• What are your financing options in today’s Winnipeg housing market?

• Could bridge financing work for your situation?

Connecting with a trusted Winnipeg mortgage broker early on gives you clarity—and makes every step that follows easier and more strategic. 

🏘️ 2. Know What You're Looking For in Winnipeg

From character homes in Wolseley to new builds in Sage Creek, Winnipeg has something for everyone—but timing and availability vary.

If your dream home has unique features or is in a competitive area like Crescentwood, River Heights, or Bridgewater, it may take more time to find the perfect fit. That’s why we plan early and stay ready to move quickly when the right listing appears.

I help clients stay focused and flexible in their home search—whether it’s your first time buying or your fifth.

🤝 3. Work With a Realtor Who Offers Custom Service (That’s Me!)

Buying and selling simultaneously is all about timing and communication. I work closely with every client to build a plan that’s tailored to your goals, your timeline, and your comfort zone

We’ll cover:

• When to list your current home

• How to stage and prepare it (I have a background in interior design and home staging, too!)

• Possession timelines and offer strategies

• Contingencies to protect you during the transition

And because I’m fluent in Spanish and conversational in French, I’m able to support a wide range of buyers and sellers in their preferred language.

My approach is boutique, honest, and tailored. You’ll never be just another transaction.

🎯 Let’s Make Your 2025 Real Estate Goals Happen

Whether you’re moving within Winnipeg or relocating from another city, I’m here to help you buy and sell with confidence.

No cookie-cutter service—just genuine, professional guidance from a Realtor who’s been doing this since 2009. I’ve also worked with Brookfield Relocation Services and understand the nuances of RCMP and military moves to Winnipeg.

📩 Ready to talk about your 2025 real estate goals?
Let’s connect and create a strategy that works for you.

Contact Me | Instagram | Facebook

📍 Proudly serving Winnipeg and surrounding areas

Let’s make your next chapter your best one yet.