Crestview, Winnipeg - July 2026 Real Estate Report

Crestview Real Estate Check-In: What Your Neighbours Are Not Telling You

If you live in Crestview and you have been quietly wondering what your home is actually worth right now - not what the city says it is worth, but what a real buyer would pay today - this is the update you need. Here is the straight story on what is happening on our streets.

The Vibe: Houses vs. Condos in Crestview

Houses

Let us be honest - the house market in Crestview is taking a breather. The average sale price for houses sits at $407,712, but that number is down 8.4% from last month. Listings are averaging $450,000, and homes are selling at about 95.69% of asking price, meaning buyers are successfully negotiating below list. Eight houses sold this month, which is 20% fewer than the month before.

The good news? Homes are still moving. The average days on market is 16, which is actually a solid pace. Our days-on-market rank is 16 out of 67 neighbourhoods tracked in Winnipeg - that puts us in the faster-selling tier of the city. Buyers are not running, they are just being pickier.

• Average sale price (houses): $407,712 - down 8.4% from last month
• Average list price: $450,000
• Sale-to-list ratio: 95.69%
• Homes sold this month: 8
• Average days on market: 16
• Price per square foot: $379
• Rental yield: 5.85% - that is a strong return for landlords
• Estimated monthly rent: $2,024
• Neighbourhood growth rank: 49 out of 193 in Winnipeg - above average

That growth rank is worth paying attention to. Out of 193 comparable neighbourhoods in Winnipeg, Crestview houses land at 49 on the leaderboard. We are in the top quarter of the city for growth. That is not nothing.

Condos

The condo picture is a different story - and a bit of a mixed bag. Only one condo sold this month, down 50% from last month, so we are working with thin data here. That said, the average sale price came in at $194,400, which is actually up 9.3% from last month. Condos are selling in about 14 days on average, and at 97.99% of list price - buyers are getting close to full ask.

The condo growth rank sits at 77 out of 190 Winnipeg neighbourhoods - still above average. Days on market rank is 13 out of 55, which signals condos here move relatively quickly when they do hit the market.

• Average sale price (condos): $194,400 - up 9.3% from last month
• Average list price: $169,000
• Sale-to-list ratio: 97.99%
• Condos sold this month: 1
• Average days on market: 14
• Price per square foot: $200
• Rental yield: 2.81% - moderate
• Estimated monthly rent: $6,114
• Neighbourhood growth rank: 77 out of 190 in Winnipeg - above average

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is something most homeowners do not think about until it is too late. Your city tax assessment is a snapshot from the past. It does not update in real time, and it does not reflect what a buyer sitting at a kitchen table right now would actually offer you.

The HonestDoor Price is the real-world check against that static number. For houses in Crestview, the HonestDoor Price is currently $390,012 - up 0.84% from the previous period. The predicted market value for houses sits at $386,781, which is slightly below the 3-month moving average of $391,728. That tells us values are easing a touch, but holding steady in the bigger picture.

For condos, the HonestDoor Price is $2,207,949 - and the predicted market value of $2,233,835 is actually trending above the 3-month moving average of $2,191,574. That is a quiet signal that condo values here have some upward momentum.

The point is simple. If you are making any decision - selling, refinancing, even just understanding your net worth - the HonestDoor Price gives you a live read, not a year-old government estimate. Check it before you do anything else.

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

If you are a house owner in Crestview thinking about listing this summer, here is the honest take. The market has softened a bit - prices are down from last month and buyers are negotiating. But we are still in above-average territory for Winnipeg growth, homes are selling in about two weeks, and rental demand is strong with a 5.85% yield backing up your property's value.

Pricing sharp matters right now. Homes are selling at 95.69% of list price - so if you list at $450,000, expect offers closer to $430,000. Work with that reality, not against it. A well-priced home in Crestview is still moving. An overpriced one is sitting.

For condo owners, the sample size this month is small, but the trend is positive. Prices ticked up and days on market stayed tight. If you have been on the fence, the window looks decent - just do not expect a bidding war.

Bottom line for Crestview: we are not in a panic market, but we are not in a frenzy either. It is a moment that rewards smart pricing and good information. Start with your HonestDoor Price - it is the most current number you have got.

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.