St George, Winnipeg - July 2026 Real Estate Report

St. George, Winnipeg: Homes Are Moving Fast, But the Numbers Tell Two Stories

If you live in St. George and you haven't checked your home's value lately, you might be working off a number that's already out of date. Here's what's actually happening on the ground right now.

The Vibe: Houses vs. Condos

For houses, the market is genuinely active. We're seeing average sale prices hit $411,573 this month - that's up 6.5% from last month. Listings are sitting at $419,900 on average, and homes are selling for 99.74% of list price. That's basically full ask. The real kicker? Properties are spending an average of just 7 days on the market. In Winnipeg, that speed ranks 7th out of 67 neighbourhoods. That's fast. Really fast.

The HonestDoor Price for houses sits at $371,610, up 2.96% from the previous period. The predicted market value is $360,928, which is slightly below the 3-month moving average of $371,600. Values have dipped 1.89% recently, and on the neighbourhood growth leaderboard, St. George houses rank 168 out of 193. That puts us in the bottom tier for growth - worth knowing if you're thinking long-term.

• Average sale price (houses): $411,573 - up 6.5% month over month
• Average list price: $419,900
• Sale-to-list ratio: 99.74%
• Average days on market: 7
• Days-on-market rank: 7 out of 67 in Winnipeg (very fast)
• Growth rank: 168 out of 193 in Winnipeg (bottom performers)
• Price rank: 109 out of 185 in Winnipeg (below average)
• Rental estimate: $1,944/month
• Rental yield: 5.89% - solid returns for investors
• Airbnb estimate: $97/night
• Transactions in 2026: 30

For condos, the story is different. The HonestDoor Price is $1,028,186 - up 1.53%. Predicted market value is $1,012,726, essentially flat against the 3-month moving average of $1,012,936. Values have slipped 1.56% recently, and the growth rank sits at 128 out of 190. That's below average, but not at the bottom. Rental potential is strong at $3,882/month, though the rental yield of 3.14% is more moderate compared to houses. Airbnb potential clocks in at $193/night, ranking 101st in Winnipeg.

• HonestDoor Price (condos): $1,028,186 - up 1.53%
• Predicted market value: $1,012,726
• Growth rank: 128 out of 190 in Winnipeg (below average)
• Rental estimate: $3,882/month
• Rental yield: 3.14%
• Airbnb estimate: $193/night

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here's the thing about your city assessment - it's a snapshot from the past. By the time it lands in your mailbox, the market has already moved. In St. George, house sale prices jumped 6.5% in a single month. Your assessment doesn't know that happened.

The HonestDoor Price is updated in real time, pulling from actual transaction data - like the 30 property sales we've already seen in St. George in 2026. It reflects what buyers are actually paying right now, not what a government formula calculated months ago. For houses, the HonestDoor Price of $371,610 gives you a real-world check on where your property stands today. For condo owners, that $1,028,186 figure is a live number, not a stale one. Use it as your starting point for any conversation about selling, refinancing, or just knowing what you actually own.

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

If you own a house in St. George and you're thinking about listing this summer, the conditions are working in your favour right now. Homes are selling in a week. Buyers are paying within a fraction of list price. That's a seller's window, and it's open.

The catch is the growth rank. At 168 out of 193 neighbourhoods, St. George isn't leading the pack on appreciation. Prices are moving, but not as fast as other parts of Winnipeg. That means if you're waiting for values to climb significantly before you sell - you might be waiting a while. Selling into a fast-moving market with strong buyer demand is often smarter than holding out for a growth surge that may not come quickly.

For condo owners, the math is a bit more patient. Values are holding steady, rental yield is moderate, and the growth rank puts us in the middle of the pack. Not urgent to sell, but not a slam-dunk hold either. Check your HonestDoor Price, compare it against what Lavalee condos are doing at $871,012, and make a call based on real numbers - not hope.

Bottom line: St. George houses are selling fast and close to ask. If you're a homeowner here, now is a smart time to know exactly what your property is worth - and the HonestDoor Price is the most current number you've got.

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.