Earl Grey, Winnipeg - July 2026 Real Estate Report

Earl Grey, Winnipeg: Your House Is Worth More Than The City Thinks

If you live on one of these tree-lined streets and haven't checked your property value lately, now is the time. Earl Grey is moving - and the numbers tell an interesting story depending on whether you own a house or a condo.

The Vibe: Houses vs. Condos

Houses - Prices Are Up, But Take a Breath

We saw 6 houses sell in Earl Grey recently, with an average sale price of $496,450 - that's up 36.1% from last month. Before you pop the champagne, keep in mind that's a single-month jump on a small sample of sales, so treat it as a signal, not a guarantee. What it does tell us is that when houses here hit the market, buyers are paying attention.

• Average sale price: $496,450
• Average list price: $504,900
• Price per square foot: $333
• Sale-to-list ratio: 98.31% - buyers are paying just under asking
• Average days on market: 25 days
• Houses sold this period: 6 (down 14.3% from last month)
• Total 2026 transactions in the neighbourhood: 25

Twenty-five days on market is a solid pace. Our neighbourhood ranks 25 out of 67 Winnipeg neighbourhoods for speed of sale - that puts us in the faster half of the city. Homes here are not sitting. That said, our growth rate ranks 132 out of 193 Winnipeg neighbourhoods, which means we are holding steady rather than leading the pack. Think of it as a reliable mid-table finish - not flashy, but not falling behind either.

Condos - High HonestDoor Prices, Slow Sales

The condo picture in Earl Grey is a different animal. Only 1 condo sold recently - down 50% from last month - and it sat on the market for an average of 379 days. That is a long time, and it tells us condo buyers here are selective and patient.

• Average condo sale price: $369,000
• Average list price: $375,000
• Price per square foot: $283
• Sale-to-list ratio: 98.40%
• Average days on market: 379 days
• Condos sold this period: 1

The condo growth rate ranks 79 out of 190 Winnipeg neighbourhoods - that puts us in the above-average tier on the neighbourhood leaderboard. But the days-on-market rank of 53 out of 55 is a red flag for condo sellers. These units are among the slowest-moving in the entire city. Pricing strategy matters a lot here.

The Secret Sauce: Your HonestDoor Price vs. That Old City Assessment

Here is the thing about your city tax assessment - it is a snapshot from the past. It does not know what sold on your street last month. It does not factor in what buyers are actually paying right now. The HonestDoor Price is updated in real time, pulling from current sales data to give you a number that reflects today's market, not last year's paperwork.

For Earl Grey houses, the average HonestDoor Price sits at $354,249 - up 2.47% from the previous period. The 3-month predicted market value for houses is $345,720, which is slightly below the moving average of $353,960. That small dip is worth watching, but it is not a alarm bell - it is the market taking a breather after a busy stretch.

For condos, the HonestDoor Price is $1,872,059 - and it is actually increasing against the 3-month moving average of $1,845,959. That upward trend in predicted value, even while recent sales look quiet, is exactly the kind of nuance a static city assessment will never show you.

Bottom line: if your financial planning is based on your last tax assessment, you are working with old information. Check your HonestDoor Price today.

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

If you own a house in Earl Grey and are thinking about listing this summer, the conditions are reasonable. Buyers are paying close to asking price, homes are moving in under a month, and the average HonestDoor Price has nudged up 2.47%. You are not in a bidding-war frenzy, but you are also not fighting an uphill battle. Price it right and it will move.

If you own a condo, be honest with yourself about the timeline. One sale in a recent period and an average of 379 days on market means you need patience and a sharp list price from day one. Sitting above the market hoping for a lucky buyer is a strategy that has not been working here. The good news is that condo values are trending upward on the HonestDoor model, so your equity is building even if the sale takes time.

For context, our nearest neighbours tell an interesting story. Mcmillan houses are priced significantly higher at an average HonestDoor Price of $461,425, while Lord Roberts and Ebby Wentworth both come in cheaper at $325,892 and $330,324 respectively. Earl Grey sits in a comfortable middle ground - more affordable than Mcmillan, but with strong fundamentals that those cheaper neighbours do not always match.

Want to know exactly where your property sits right now? Pull your HonestDoor Price. It takes 30 seconds and it is the most honest number you will find.

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.