Sir John Franklin, Winnipeg - June 2026 Real Estate Report

Sir John Franklin, Winnipeg: What Your Neighbour Hasn't Told You Yet

If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight story. Sir John Franklin is sitting in an interesting spot right now - expensive by Winnipeg standards, but the market is clearly telling buyers they have some room to negotiate. Here's what the numbers actually mean for you.

The Vibe: Houses vs. Condos

Let's break it down by property type, because the two stories here are pretty different.

Houses - Expensive, But Moving Slowly

Houses in Sir John Franklin are among the priciest in the city. We're ranked 24th out of 184 Winnipeg neighbourhoods on price - that puts us firmly in the top tier. The average sale price is sitting at $926,950, which is actually a hair above what houses are fetching in Old Tuxedo ($920,200). That's a flex.

But here's the catch. Only 2 houses sold this month - down 50% from last month - and homes are sitting on the market for an average of 107 days. Our days-on-market rank is 58 out of 72, which means we're one of the slowest-selling neighbourhoods in Winnipeg right now. The market is taking a breather, and buyers know it. Properties are selling at 99.32% of list price, meaning sellers are giving up a little ground to close the deal.

• Average sale price: $926,950
• Average listing price this month: $709,000
• Price per square foot: $505
• Average days on market: 107
• Sale-to-list ratio: 99.32% - buyers market
• Properties sold this month: 2
• Growth rank: 69 out of 195 - above average in Winnipeg
• Rental yield: 5.71% - strong returns for investors
• Estimated rent: $2,316 per month

The HonestDoor Price for houses is $468,187, up 1.18% from the previous period. The predicted market value sits at $463,154, which is slightly below the 3-month moving average of $467,314. Values have shifted -4.68% recently. Not a freefall, but worth watching.

Condos - A Different Story Entirely

Condos here are a different animal. We're ranked 13th out of 120 Winnipeg neighbourhoods on condo price - that's elite territory. Only 1 condo sold this month, but it moved in 29 days, which is actually a solid pace. Our days-on-market rank for condos is 27 out of 56 - right in the middle, meaning condos here aren't sitting around collecting dust.

The condo HonestDoor Price is $587,143, up 1.38%, and the predicted market value of $579,149 is actually climbing above the 3-month moving average of $573,554. That's a green flag. The rental yield on condos comes in at 3.72% - moderate, but the estimated rent of $2,668 per month is nothing to dismiss.

• Average sale price: $479,800
• Average listing price this month: $388,900
• Price per square foot: $444
• Average days on market: 29
• Sale-to-list ratio: 98.69% - stable buyers market
• Properties sold this month: 1
• Growth rank: 138 out of 192 - below average in Winnipeg
• Rental yield: 3.72% - moderate returns
• Estimated rent: $2,668 per month

The Secret Sauce: Why Your HonestDoor Price Matters Right Now

Here's the thing about your city tax assessment - it's basically a snapshot from the past. By the time it lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling from actual transaction data and current market signals. It's the real-world check against a number the government set months or even years ago.

For houses in Sir John Franklin, the HonestDoor Price is $468,187. For condos, it's $587,143. If your tax assessment is sitting below either of those numbers, you may be underestimating what you actually own. If it's above, that's worth knowing too - especially if you're thinking about refinancing, selling, or just figuring out where you stand.

With 11 house transactions and 2 condo transactions recorded in 2026 so far, there's real data behind these numbers - not guesswork.

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

If you own a house here and you're thinking about listing this summer, go in with clear eyes. You're in a premium-priced neighbourhood - top 15% in Winnipeg - but buyers are taking their time. At 107 average days on market, you need to price sharp from day one. Homes selling at 99.32% of list price means the days of bidding wars are not the story here right now. Price it right and you'll sell. Overprice it and you'll be doing a price reduction in September.

If you own a condo, the picture is a bit brighter. Values are trending up, condos are moving faster, and you're sitting in one of the most expensive condo markets in the city. A well-priced condo this summer has a real shot at a clean, relatively quick sale.

Either way, pull your HonestDoor Price before you call an agent. Walk into that conversation knowing your number - not the one the city handed you two years ago.

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.