Eric Coy, Winnipeg - July 2026 Real Estate Report

Eric Coy, Winnipeg: Houses Are Flying Off the Market and Condos Are Quietly Climbing

The Vibe Right Now

If you live on a street in Eric Coy and you have been wondering whether your neighbours are actually getting their asking price - the answer is yes. Houses here are selling at 100% of list price on average, and they are doing it in about 6 days. That is not a slow market taking a breather. That is a neighbourhood where serious buyers are showing up ready to write offers.

Here is the quick split between what is happening with houses versus condos right now:

Houses in Eric Coy

• Average HonestDoor Price: $544,052 - up 2.30% from the previous period
• Average sale price this month: $567,550 - up 11.3% from last month
• Average list price: $599,900
• Price per square foot: $429
• Properties sold at 100% of list price on average
• 4 properties sold this month
• Average days on market: 6 days
• Estimated monthly rent: $2,690
• Rental yield: 5.57%
• Days-on-market rank: 6 out of 67 neighbourhoods in Winnipeg - that means we are one of the fastest-selling areas in the city
• Price rank: 45 out of 185 - solidly above average for Winnipeg
• Growth rank: 89 out of 193 - above average on the neighbourhood leaderboard

For context, houses in Eric Coy are outselling nearby Roblin Park (average sold price $536,400) and Ridgewood South (average sold price $455,000). We are not the cheapest option in the area - and buyers are still choosing us. That says something.

Condos in Eric Coy

• Average HonestDoor Price: $292,848 - down 1.31% from the previous period
• Average sale price: $319,250
• Price per square foot: $242
• 2 properties sold
• Estimated monthly rent: $1,573
• Rental yield: 4.20%
• Predicted market value: $296,724 - trending up against the 3-month average of $293,215
• Recent value change: up 1.80%
• Growth rank: 34 out of 190 - that puts Eric Coy condos among the top performers in Winnipeg right now
• Price rank: 40 out of 121 - above average for the city

The condo HonestDoor Price dipped slightly, but the predicted value is actually moving in the right direction month over month. Two sales is a thin sample, so do not read too much into a single month. The underlying trend is quietly positive.

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

Here is the thing about your city assessment - it is a snapshot from the past. The city looks at sale data from a fixed valuation date and applies it broadly across whole neighbourhoods. It does not know that houses in Eric Coy are selling in 6 days right now. It does not know that sale prices jumped 11.3% in a single month.

The HonestDoor Price is updated in real time using actual transaction data, current listing activity, and local market signals. For houses, that number sits at $544,052 right now. For condos, it is $292,848. These are the numbers that reflect what a buyer would actually pay today - not what a government formula calculated from last year's data.

If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check you want in your corner.

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

Honestly, the timing looks good for house sellers in Eric Coy. Homes are moving in less than a week, buyers are paying full list price, and the average sale price is above $567,000. If you have been sitting on the fence, a 6-day average days-on-market is about as clear a signal as the market gives you.

A few things worth knowing before you list:

• Listings are averaging $599,900 right now - pricing strategy matters because buyers are paying close attention to value
• Your competition includes Elmhurst (HonestDoor Price $554,777) and Ridgewood South ($670,015) - Eric Coy sits in a strong middle ground that appeals to buyers who want quality without the top-of-market price tag
• The rental yield on houses is 5.57% - that means investor buyers are also in the mix, which adds demand

For condo owners, the market is smaller with fewer transactions, but the growth rank of 34 out of 190 means Eric Coy condos are outperforming most of the city on momentum. If you are not in a rush, holding a little longer while that trend builds is a reasonable play.

Either way, pull your HonestDoor Price before you have any conversation with an agent. Walk in knowing your number - not the number on last year's assessment notice.

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.