Eric Coy, Winnipeg - September 2026 Real Estate Report

Eric Coy, Winnipeg: Houses Are Flying Off the Market, and Your Assessment Is Already Out of Date

The Vibe Right Now

If you live on one of these streets and you haven't checked your home's value lately, you're probably working off a number that doesn't reflect what's actually happening. Here's the real picture for us in Eric Coy.

Houses - A Sellers' Market With Real Teeth

Homes here are not sitting. The average days on market is 6 - that's it. Six days. And buyers aren't just meeting the asking price, they're beating it. The average sale-to-list ratio is 103.78%, which means if a house lists at $370,000, it's selling closer to $384,000. That's real money left on the table if you price wrong or wait too long.

• Average HonestDoor Price: $525,895 (down 2.70% from last period)
• Average sale price: $575,000
• Average listing price this month: $369,900
• Price per square foot: $471
• Properties sold in 2026: 15
• Average days on market: 6
• Sale-to-list ratio: 103.78%
• Predicted market value: $540,468
• Estimated monthly rent: $2,675
• Rental yield: 5.56%

The days-on-market rank is 6 out of 71 neighbourhoods tracked in Winnipeg. That puts us near the very top for speed. Buyers are making decisions fast here. The price rank sits at 44 out of 187 - solidly above average for Winnipeg. The one number to watch is the growth rank: 145 out of 191. The market isn't sprinting forward in value, but it's not falling apart either. It's taking a breather while still rewarding sellers who move now.

Compared to neighbours, our predicted house value of $540,468 is actually running ahead of nearby Ridgewood South ($456,548) and Roblin Park ($460,500) on the predicted value side - worth knowing if you're comparing options.

Condos - Steady and Quietly Climbing

The condo side of Eric Coy is a smaller market - only 2 sales so far in 2026 - but the numbers are moving in the right direction. The HonestDoor Price is up 0.38% and the predicted value is trending above the 3-month moving average. That's a quiet but consistent climb.

• Average HonestDoor Price: $299,940 (up 0.38%)
• Average sale price: $319,250
• Price per square foot: $242
• Properties sold in 2026: 2
• Predicted market value: $298,806
• Estimated monthly rent: $1,604
• Rental yield: 4.20%
• Recent value change: +2.03%

On the neighbourhood leaderboard, Eric Coy condos rank 55 out of 175 for growth - that's above average in Winnipeg. And the price rank is 43 out of 125, also above average. For a condo owner here, the story is solid. Not explosive, but genuinely healthy.

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

Here's the thing about your city assessment: it's a snapshot from the past. It gets updated on a schedule, not in real time. The market in Eric Coy right now - with houses selling in 6 days and buyers paying over asking - is not the market your assessment was built on.

The HonestDoor Price pulls in current sales data, listing activity, and neighbourhood trends to give you a number that reflects today, not last year. For houses, that's $525,895 on average. For condos, it's $299,940. These aren't guesses - they're calculated from what's actually trading hands right now in and around Eric Coy.

If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - the HonestDoor Price is the real-world check your assessment can't give you.

So What Does This Mean If You're Thinking About Selling This Summer?

Honestly? The conditions are about as good as you're going to get in a market that's taking a breather on growth. Here's why this summer still makes sense for sellers in Eric Coy:

• Buyers are moving fast - 6 days on market means serious, motivated buyers
• They're paying over asking - 103.78% sale-to-list is not a fluke, it's a pattern
• Inventory is tight - only 7 houses sold last month, which means less competition for your listing
• Your rental yield backstop is strong - at 5.56%, investors are watching this neighbourhood

The one honest caution: the HonestDoor Price for houses is down 2.70% from the previous period. That's not a crisis, but it's a signal to not wait around hoping for a big jump. If you're ready to sell, the buyers are here right now. Six days on market says everything you need to know.

Check your personal HonestDoor Price at HonestDoor.com - it takes about 30 seconds and it's the most current number you'll find for your specific address in Eric Coy.

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.