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…

 

What has been happening in the Regina Real Estate Market? Here is a brief look at what happened in December, 2019.

The temperatures may be cold but the Regina real estate market was HOT in December.  In the city the sales were up 38.4% from 99 sales in 2018 to 137 sales in 2019.  This is, however, down from the 5 year sales average of 221 sales per month.  In 2019 there were 2570 reported sales in Regina which is up 4.68% from 2018.

 Total new listings in the city were down 9.8% for the year.  The ratio of sales to new listings is sitting around 89% with approximately 7.8 months of inventory.  The average days on market for December 2019 was 77 day with a 70 day average for 2019.   In order to look at market trends over time we use a…