Mathers, Winnipeg - September 2026 Real Estate Report

Mathers Real Estate Check-In: Solid Ground, But the Market Is Catching Its Breath

If you live in Mathers and you have been wondering whether your home is holding its value, the short answer is: mostly yes, but the easy gains are taking a breather. Here is what the numbers are actually telling us right now.

The Vibe: Houses vs. Condos in Mathers

For those of us in houses, the market is steady but shifting toward buyers. The average sale price is sitting at $467,933, and homes are selling for about 97.36% of list price. That gap between asking and selling is a signal - buyers have a little room to negotiate right now. Homes are spending an average of 20 days on the market, which is longer than nearby J B Mitchell at 13 days. We are not in a slow market, but we are not in a frenzy either.

• Average House Sale Price: $467,933
• Current Average Listing Price: $600,000
• Price Per Square Foot: $411
• Average Days on Market: 20
• Sale-to-List Ratio: 97.36%
• Properties Sold in 2026: 9
• Rental Yield: 5.66%
• Estimated Monthly Rent: $2,452

On the condo side, the story is a bit more mixed. The average sale price is $179,400, and condos are only fetching 91.70% of list price on average. That is a bigger discount than houses, and at 32 days on market, they are sitting longer. The upside is that transaction volume is strong - Mathers ranks 6th in Winnipeg for total condo transactions in 2026, which means people are still buying here. Just not in a rush.

• Average Condo Sale Price: $179,400
• Current Average Listing Price: $186,900
• Price Per Square Foot: $253
• Average Days on Market: 32
• Sale-to-List Ratio: 91.70%
• Properties Sold in 2026: 20
• Rental Yield: 4.22%
• Estimated Monthly Rent: $1,411

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

Here is the thing most Mathers homeowners do not realize. Your city assessment is a snapshot from the past - it does not move with the market in real time. The HonestDoor Price is a live estimate that updates as actual sales data comes in. Right now, that matters more than ever.

For houses, the HonestDoor Price is $474,699, and the predicted market value is $484,296 - already trending above the 3-month moving average of $482,488. That upward tick is meaningful. If you are relying on an old assessment to understand what your home is worth today, you are likely working with stale information.

For condos, the HonestDoor Price is $343,787, with a predicted market value of $347,530. Values have nudged up 0.31% recently. Again, your tax assessment will not show you that kind of current movement. The HonestDoor Price is the real-world check that keeps you from leaving money on the table - or overpaying when you buy.

The Neighborhood Leaderboard: Where Does Mathers Actually Stand?

Let us be straight about the rankings. On growth rate, Mathers houses rank 145 out of 191 Winnipeg neighborhoods. That puts us in the below-average tier right now. Condos rank 113 out of 175 on growth - also below average. This is not a crisis, but it is worth knowing.

The better news is on price. Houses rank 80 out of 187 neighborhoods - that is above average for Winnipeg. And on days-on-market speed, houses rank 19 out of 71, meaning we are actually among the faster-selling neighborhoods in the city when a deal gets done.

Compared to neighbors like Brockville (average house HonestDoor Price of $668,933) and South River Heights ($581,908), Mathers is the more accessible entry point into this part of the city. That relative affordability is a real draw for buyers who have been priced out next door.

The So What: Should You Sell in Mathers This Summer?

If you are a house owner thinking about listing this summer, here is the honest take. You are not in a seller's market anymore, but you are not in a bad spot either. Homes are still moving in under three weeks on average, and buyers are paying close to full price. The key is pricing right from day one. With listings currently averaging $600,000 and sales closing around $467,933, there is clearly a gap between what sellers want and what buyers will pay. Come in sharp and you will sell. Come in high and you will sit.

For condo owners, patience is the word. The 91.70% sale-to-list ratio and 32-day average on market tell you buyers are negotiating harder. If you need to sell now, price it to move. If you can wait, the predicted value trend is at least pointing upward.

Either way, pull your HonestDoor Price before you have a single conversation with an agent. It is the most current number you have, and in a market that is shifting month to month, current is everything.

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.