Ben Guimond's Newsletter

STRONG MLS ® SALES IN THE FIRST QUARTER OF 2025 WHILE MARCH SETS NEW AVERAGE PRICE RECORD

$277,068 condo

$375,785 attached

$470,399 detached

1,322

776

AVERAGE SALE PRICES

355

199

231

90

ACTIVE LISTINGS single family detached condo

attached

single family detached condo

attached

SOLD LISTINGS

totals for MLS ® sales and dollar volume rank as the third best first quarter results on record.” From a year-to-date perspective, all MLS ® sales for the first quarter in 2025 of 2,791 were up 9%, total MLS ® listings of 5,030 were statistically even while dollar volume of approximately $1.1B was up 16% over 2024. Year-to-date residential detached MLS ® sales of 1,770 were up 5% and the average price of $452,248 was up 11% when compared to last March. Condominium MLS ® sales of 465 were up 12% and the average price of $269,695 was down 1% over last March. Statistics reflect market activity in March 2025 | Source: The Winnipeg Regional Real Estate Board | Market values stated are of the average of Winnipeg and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Winnipeg, April 8, 2025 – March saw all MLS ® sales of 1,189 up 6% over March 2024 and 11% below the 5-year average. Active MLS ® listings of 3,096 were down 9% from last March and total MLS ® dollar volume of over $479 million up 14% from March 2024. Residential detached MLS ® sales of 776 were up 4% while the average price of $470,399 was up 12% when compared to March 2024. Condominium MLS ® sales of 199 were up 6% and the average price of $277,068 up 1% over last March. “After last month set the highest residential detached average price ever, March 2025 has now surpassed it,” said Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board. “March represents the ninth consecutive month with All MLS ® sales increases over the previous year. First quarter 2025

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BEN GUIMOND REALTOR® Cell: 204-782-1586 benguimond@remaxonegroup.com BenGuimond.com

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