February 2025 Real Estate Market Update: Regina, Saskatchewan
Posted by Abdullah Movahedzadeh on
Regina’s housing market remained active in February 2025, with 253 homes sold, reflecting a 7% year-over-year decline. However, sales were still over 30% above the 10-year average, indicating continued demand despite limited inventory.
Key Market Highlights
- 253 home sales, down 7% from February 2024, but 30% above the 10-year average.
- New listings dropped to 304, a 5% year-over-year decrease and 19% below long-term trends.
- Total inventory fell to 514 units, 28% lower than last year, with 124 conditionally sold properties.
- Months of supply at 2.03, marking the lowest February inventory in nearly two decades.
- Benchmark home price increased to $317,700, a 1.7% year-over-year gain.
What This Means for Buyers and Sellers
With…
78 Views, 0 Comments