AN UPDATE FROM THE TOURNEY GROUP

We are closely monitoring the impact of the COVID-19 (coronavirus) on our local community and the real estate industry in Saskatchewan.  As of right now we are open for business and will continue to offer you the same amazing customer service and professionalism that you are used to.  However, we are following the guidelines from the Saskatchewan Real Estate Association and the Government of Saskatchewan to ensure we all stay healthy.

 

How are we Helping?

Online Search

Our website is a great tool to begin your home search.  If you see a home you like you can save it. If you have questions about any of the homes on our website send us a message and one of our agents will be in touch with you

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What has been happening in the Regina and Region Real Estate Market? Here is a brief look at what happened in February, 2020.

  In February, Regina and Region saw 446 new residential listings with 181 residential sales.  This gives us a sale to new listing ratio of 41%. Year to date we have approximately 10.1 months of inventory, with a list to sell ratio of  94.6%, and 83.3 is the average days on market.   Of the 181 sales last month, 47 homes sold under $200,000, 45 sold in the $200,000 to $299,900 price range, and 29 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 MLS® Home Price Index…

 

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…

 

Joyce’s Cheese Ball and Leanne’s Rum Ball recipes were such a hit last year that they have provided two more of their favourite holiday recipes for you to make and enjoy!

 

Bread and Celery Stuffing

Turkey and Stuffing go together like Peanut Butter and Jelly.  Here is Joyce’s traditional Stuffing Recipe.

  Ingredients:   5 cups of soft bread crumbs 1 cup finely diced celery 1/4 cup melted butter or margarine 1 teaspoon salt 1/8 teaspoon pepper 1 teaspoon dried parsley flakes 1 teaspoon marjoram 1/2 teaspoon poultry seasoning 1/3 cup chopped onions   Directions:   Mix all ingredients together. Once mixed you can dress the turkey. For a vegetarian option place in a casserole dish and…

 

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

  In the Regina and area MLS® System there were 145 reported sales which is down 21.2% from 2018.  Regina also saw 291 new listings which is down 5.8%.     The average days on market for November was 66.2 and this is down from 69.8 days.  Regina is sitting at approximately 8.8 months of inventory.         In order to look at market trends over time we use a tool called the MLS® Home Price Index (HPI) which is more effective than using average or median prices.     A mean average is the average  price obtained by dividing the total dollar volume of sales by the number of sales. In Regina there…