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REGINA REAL ESTATE MARCH 2020 UPDATE

REGINA REAL ESTATE MARCH 2020 UPDATE




Sales in Regina were up 1.9%, going from 210 in March 2019 to 214 in March 2020.

Sales were approximately 2.0% below the 5-year average and just over 9.0% below the 10-year average. Year-to-Date (YTD) sales in Regina fell 8.6% over last year, decreasing from 525 to 480.


Sales volume was up 5.3% in the city, going from $62.4M to $65.7M in 2020 (3.4% below the 5-year average). YTD sales volume in the city was $141.5M, a decrease of 9.3% from last year. 


The number of new listings in Regina fell a significant 19.5% from March of last year, going from 534 to 430 (over 13.0% below the 5- and 10-year averages).

Active listings also fell 4.6% in Regina (down from 1,344 to 1,282).


The sales to listing ratio was 49.8% in Regina.


Homes in Regina stayed on the market an average of 68 days in March—down 6.8% from 73 days last year (but still above the 5-year average of 58 days). 

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