Agassiz, Winnipeg - August 2026 Real Estate Report

Agassiz Real Estate Update: Prices Are High, Sales Are Fast, But the Market Is Shifting

The Vibe Right Now

If you live in Agassiz and you've been half-watching the market, here's the honest version of what's going on. Houses are still selling fast - we're talking an average of 5 days on market, which puts us near the very top of Winnipeg's speed rankings (5th out of 71 neighbourhoods). That's not a slow market. But the average sale price dropped 8.4% from last month to $649,350, and that's worth paying attention to.

The good news? Buyers are still paying above asking. Properties are closing at 103.09% of list price on average. So sellers who price smart are still walking away with more than they listed for. The trick is in that word - smart. Listings are averaging $469,900 right now, and the gap between list price and sale price tells you there's still real competition when a good home hits the market.

Only 2 houses sold this month, so we're working with a small sample. But the directional signal is clear: this is a sellers' market that's taking a breather. Not crashing - just cooling off from what was a very hot run.

Houses vs. Condos - Two Very Different Stories

On the house side, things are grounded and readable. The average HonestDoor Price for a house in Agassiz sits at $530,538, up a modest 0.24% from the previous period. The predicted market value is $529,288, which is creeping up against a 3-month moving average of $521,678. That's a slow and steady climb - not fireworks, but not a slide either.

• Average HonestDoor Price (Houses): $530,538
• Average sale price this month: $649,350
• Average list price this month: $469,900
• Price per square foot: $372
• Sale-to-list ratio: 103.09%
• Average days on market: 5
• Rental estimate: $2,644 per month
• Rental yield: 5.58%
• Airbnb estimate: $131 per night
• Neighbourhood growth rank: 96 out of 193 (above average in Winnipeg)
• Price rank: 24 out of 185 (among the most expensive in Winnipeg)

On the condo side, the data is showing some unusual numbers - an average HonestDoor Price of $19,988,200 with a rental estimate of $24,930 per month. These figures suggest a very small sample of high-value or unique condo properties skewing the averages significantly. We'd treat those condo numbers as a snapshot of a very specific slice of the market rather than a guide for a typical unit in the neighbourhood.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's something most Agassiz homeowners don't think about until it's too late. Your city tax assessment is a rear-view mirror. It's based on data that can be 12 to 24 months old by the time it lands in your mailbox. The market moves faster than that - and in Agassiz, it has moved.

The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and neighbourhood comparables. Right now it's pegging the average Agassiz house at $530,538. That's your real-world number - not a government estimate frozen in time.

Why does this matter for your wallet? Because if you're making any decision - refinancing, selling, even just figuring out if your insurance coverage is still accurate - you need a number that reflects today, not last year. Agassiz ranks 24th out of 185 Winnipeg neighbourhoods on price. That's a top-13% position. Your home is likely worth more than your assessment says.

The "So What?" - Thinking About Selling This Summer?

If selling is on your radar, here's the straight talk. The window is still open, but it may not stay this wide. Homes are selling in 5 days and buyers are paying over asking - those are strong signals. But the 8.4% month-over-month price drop tells us momentum is softening. Waiting another few months to see if prices bounce back is a gamble.

The smarter move is to check your HonestDoor Price now, compare it to what's actually selling in Agassiz and in nearby neighbourhoods like Montcalm ($548,150 average) and University ($523,687 average), and price with precision. Agassiz sits right in the middle of that range - which means there's a real market here, not just wishful thinking.

A 5.58% rental yield also means that if selling isn't the right call yet, holding and renting is a legitimate strategy. At $2,644 per month in estimated rent, an Agassiz house can carry itself while you wait for the right moment.

Bottom line - Agassiz is still one of Winnipeg's stronger neighbourhoods by price rank and sale speed. But the market is telling us to move with intention, not assumption. Pull your HonestDoor Price, know your number, and make the call from a position of real information.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.