May 2021 Market Stats
The Winnipeg Regional Real Estate Board is reporting another record month for May, 2021!
Dollar volume is up 70% over the same time last year, making this an ALL-TIME RECORD monthly total of $692.6 million in sales!
May 2021 sales of 2,006 increased 46% over May 2020 and 21% above the 5-year average for this month.
Year-to-date MLS® sales of 8,197 have increased 68% while dollar volume of $2.72 billion is up 89% over the same period in 2020.
From Kourosh Doustshenas, 2021 President of the Winnipeg Regional Real Estate Board:
“Buyers continue to show unwavering enthusiasm for all property types in May and as a result it is putting a price premium on many listings that come onto the market for sale,” said Kourosh Doustshenas, president of the Winnipeg Regional Real Estate Board.
“Sales-to-active listings for all single-family homes in our entire market region was 111% which means listings are turning over quicker than can be replaced to meet current demand. Another real indicator of market strength is the metric which shows the ratio of the total sales price dollar volume of all homes sold in May compared to their total list price dollar volume which was 105%.”
To read the full report, click here.
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