Sturgeon Creek, Winnipeg - July 2026 Real Estate Report

Sturgeon Creek Real Estate: What Your Neighbours Are Not Telling You

If you live in Sturgeon Creek and you have not checked your home's value lately, now is the time to pay attention. The numbers are moving, and your city tax assessment is almost certainly not keeping up. Here is what is actually happening on our streets right now.

The Vibe: Houses vs. Condos - Two Very Different Stories

We are seeing a split market in Sturgeon Creek right now, and it depends entirely on what type of property you own.

Houses - A Market Taking a Breather

• Average HonestDoor Price: $402,627 - up 1.68% from the previous period
• Average sale price this month: $405,900 - down 6.3% from last month
• Average listing price: $419,600
• Price per square foot: $418
• Properties sold for 104.97% of list price - buyers are still paying over asking
• Average days on market: 13 days
• Estimated monthly rent: $2,064 with a rental yield of 5.83%
• Predicted market value: $395,971

Here is the honest read on houses. Buyers are still paying above list price - that 104.97% sold-to-list ratio is not nothing. But the average sale price dropped 6.3% from last month, and the predicted value of $395,971 is sitting below the 3-month moving average of $402,301. That tells us the peak heat is cooling off a little. We are not in a crash - we are in a correction. Sellers are still winning, just not by as much as they were a few months ago.

Speed-wise, we are doing well. Our 13-day average beats nearby Crestview at 14 days. On the Winnipeg leaderboard, our days-on-market ranks 13th out of 67 comparable neighbourhoods - that is very fast. For growth, we sit 54th out of 193 neighbourhoods, which puts us in above-average territory across the city.

Condos - A Quiet Overachiever

• Average HonestDoor Price: $648,549 - up 0.49% from the previous period
• Average sale price this month: $238,200 - up 21.4% from last month
• Average listing price: $239,900
• Price per square foot: $234
• Properties sold for 99.67% of list price
• Average days on market: 2 days
• Estimated monthly rent: $1,938 with a rental yield of 4.12%
• Predicted market value: $645,378

Two days on market. Let that sink in. Condos in Sturgeon Creek are essentially gone before the sign goes up. The average sale price jumped 21.4% from last month, and the predicted value of $645,378 is climbing above the 3-month moving average of $625,229. That is a market moving in the right direction. On the Winnipeg condo leaderboard, we rank 32nd out of 190 neighbourhoods for growth - that puts us firmly in the top performers category. Days-on-market ranks 4th out of 55. That is elite speed.

One note for condo owners: the HonestDoor Price of $648,549 and the average sale price of $238,200 reflect different segments of the condo market. The HonestDoor Price captures the full predicted value picture, while recent sales reflect what has actually transacted this month. Both numbers are worth knowing.

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. It gets updated on a schedule, not in real time. Meanwhile, the Sturgeon Creek market has been moving. House values are up 1.68% from the previous period. Condo predicted values are climbing past their 3-month average. Those shifts do not show up on a government form until it is too late to act on them.

The HonestDoor Price is the real-world check. It pulls current market signals - recent sales, listing trends, neighbourhood comparisons - and gives you a number that reflects today, not last year. For houses, that is $402,627. For condos, that is $648,549. If you are making any financial decision tied to your home - refinancing, selling, even just understanding your net worth - that is the number you want in your hand, not the one on your tax notice.

Compare us to the neighbours. Heritage Park houses are averaging $441,033. Booth houses are at $445,687. Crestview sits at $390,012. Sturgeon Creek lands right in the middle of that range, which means we are not overpriced and we are not being undervalued either. That is a healthy place to be.

The So What: Thinking About Selling This Summer?

If you own a house in Sturgeon Creek and you are thinking about listing this summer, the window is still open - but it is not as wide as it was. Buyers are paying above asking price, which is great. But the average sale price is dipping and the predicted value is trending below the 3-month average. The smart move is to list sooner rather than later, price it sharp, and let the 13-day average selling speed work in your favour.

If you own a condo, the story is even simpler. Two days on market. Prices up 21.4% from last month. Growth ranking in the top 17% of all Winnipeg neighbourhoods. If you have been sitting on the fence, this is your signal to get off it.

Either way, start with your HonestDoor Price. Know your real number before you call an agent, before you set a list price, and before you leave money on the table. The market is moving fast enough in Sturgeon Creek that being even a few weeks behind on your data can cost you real dollars.

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.