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Winnipeg Condo Market Report   - Fall 2021

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Highlights for past Month
Total number of Condos sold in past month

171

Most expensive Condo sold in past month

$ 600,000 in Headingley 

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General Market
Overview
Let's look at 4 numbers:

1) How many available now
2) Compared to last year same time

3) How many Condos SOLD in Aug.
4) Compared to same period 2020
Winnipeg has just 487 available Condos in all price ranges. Compared to 675 on Sept 1st 2020
SOLD during the month of August
Sales in August 2021 were slightly slower than the previous year. Yearly, however, condo sales are up around 50%
So far in 2021, we have sold 883 Condos under $250K, compared to 606 last year at this time. In the higher price ranges, it's 662 sold this year, vs. 420 last year.
Condos Under
$250,000
Condos available under $250,000
On Sept. 1st this year we had 290 Condos on the market in this price range. Down slightly from Aug. 1st, but down A LOT from the same time last year.
Condos SOLD 
previous month
Sales in this price range have stayed fairly consistent. 100 during August, 104 during July 2021, and 94 sold in Aug. 2020.

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Condos Over
$250,000

Condos Available on Sept. 1st
Availability in this price range is also much lower than last year. Only 197 Condos priced over $250K, compared with 290 listings on Sept. 1st, 2020
Sales are also off a little when compared to the previous month, and especially over the same time period in 2020.
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What does all this add up to?
Even though sales are UP and availability is DOWN, Condos are still a Great Option for buyers wishing to avoid bidding wars and get into homeownership at a reasonable price

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