What has been happening in the Regina Real Estate Market? Here is a brief look at what happened in January, 2020.
Where is the snow?
In January, Regina and Region saw 436 new residential listings with 136 residential sales. This gives us a sale to new listing ratio of 31%. This also leaves us with 1560 active residential listings and approximately 11.5 months of inventory. Our average days on market is hovering around 88 days.
Of the 136 sales last month, 42 homes sold under $200,000, 36 sold in the $200,000 to $299,900 price range, and 19 homes sold in the $300,000 to $350,000 price range. There were only two homes that sold over $750,000.
In order to look at market trends over time we use a tool called the…