Wellington Crescent, Winnipeg - October 2026 Real Estate Report
Wellington Crescent Real Estate Update: Still One of Winnipeg's Most Expensive Streets - But the Market Is Shifting
If you live on Wellington Crescent, you already know your address carries weight. But right now, the numbers are telling a more nuanced story than just "expensive neighbourhood, end of discussion." Here is what is actually happening on the ground.
The Vibe: Houses vs. Condos
Let us break it down by property type, because the two markets here are moving in different directions.
Houses
The average sale price for a house sits at $1,044,400 this month - but that is down 7.1% from last month. That is not a small dip. It means if your neighbour listed at $1.1M last month and you are listing now, the conversation with buyers is different. Properties are still moving fast - an average of just 8 days on market, which ranks 8th out of 78 comparable neighbourhoods in Winnipeg. That is seriously quick. But buyers are paying 99.98% of list price, which sounds great until you realize list prices themselves are coming down.
- Average sale price: $1,044,400 (down 7.1% from last month)
- Price per square foot: $381
- Average days on market: 8 days
- Sale-to-list ratio: 99.98%
- Properties sold this month: 2
- HonestDoor Price: $909,406 (up 0.33%)
- Rental yield: 5.04%
- Average rental estimate: $3,778 per month
- Price rank in Winnipeg: 5th out of 188 neighbourhoods
- Days-on-market rank: 8th out of 78 neighbourhoods
- Growth rank: 82nd out of 191 neighbourhoods
On the neighbourhood leaderboard, Wellington Crescent houses rank 82nd out of 191 for growth - that puts us in the above-average tier, but not leading the pack right now. The market is taking a breather. Volume is thin with only 2 sales this month, so each transaction moves the needle more than it would in a busier neighbourhood.
Condos
The condo side of Wellington Crescent is a different story - and honestly a steadier one. The average sale price is $499,200, essentially flat from last month. One condo sold, it was on the market for 4 days, and it sold at 99.86% of list. That is a stable, no-drama market.
- Average sale price: $499,200 (essentially unchanged)
- Average list price: $499,900
- Price per square foot: $317
- Average days on market: 4 days
- Sale-to-list ratio: 99.86%
- HonestDoor Price: $489,682 (down 0.39%)
- Rental yield: 3.82%
- Average rental estimate: $2,448 per month
- Price rank in Winnipeg: 10th out of 126 neighbourhoods
- Days-on-market rank: 5th out of 59 neighbourhoods
- Growth rank: 25th out of 175 neighbourhoods
On the condo leaderboard, we rank 25th out of 175 Winnipeg neighbourhoods for growth. That puts Wellington Crescent condos firmly in the top performer category. If you own a condo here, that is a solid position heading into summer.
The Secret Sauce: Why Your HonestDoor Price Matters More Right Now Than Your Last Tax Assessment
Here is the thing about city assessments - they are a snapshot from the past. By the time that number lands in your mailbox, the market has already moved. Right now, with house prices shifting 7.1% in a single month, a static government assessment is about as useful as last year's weather forecast.
The HonestDoor Price is updated in real time. For houses on Wellington Crescent, that number is currently $909,406 - up 0.33% from the previous period. For condos, it is $489,682. These are live estimates that reflect what buyers are actually doing in the market today, not what an assessor calculated 12 to 18 months ago.
If you are using your old assessment to decide whether to sell, refinance, or even just understand your net worth, you are working with stale data. The HonestDoor Price is the real-world check. Use it.
The So What: Should You Sell This Summer?
If you own a house on Wellington Crescent and you have been thinking about listing this summer, here is the honest take.
The fast days-on-market stat - 8 days on average - tells you that serious buyers are still out there and they are moving quickly when they find the right property. That is good news. But the 7.1% price drop month-over-month is a signal that pricing strategy matters more than ever right now. Overpricing will not get forgiven the way it might have two years ago.
With only 15 total property transactions recorded in Wellington Crescent in 2026 so far, this is a low-volume market. Low volume means your listing gets attention - but it also means one bad pricing decision stands out. Come in sharp, price close to your HonestDoor Price of $909,406, and the 8-day average tells you a well-priced home here does not sit.
For condo owners, the picture is calmer. Prices are stable, the growth rank is strong at 25th out of 175, and buyers are deciding fast. If you are thinking about selling a condo this summer, the conditions are about as clean as they get.
Bottom line - Wellington Crescent is still one of the top five most expensive neighbourhoods in Winnipeg. That does not change overnight. But right now, the sellers who win are the ones who price with current data, not wishful thinking from last year's assessment.
wellington crescent | winnipeg | october 2026This 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.